Learning Goal: I’m working on a management case study and need support to help me learn.
●This assignment is a group assignment. Each group will consist of 4-5 Students only.
●The Assignment must be submitted only in WORD format via allocated folder.
●Assignments submitted through email will not be accepted.
●Students are advised to make their work clear and well presented, marks may be reduced for poor presentation.
●Students must mention question number clearly in their answer.
●Late submission will NOT be accepted.
●Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
●All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Learning Outcomes:
Describe decision making process for complex issues pertaining to business environment both internally and externally. (C.L.O :1.1)
Demonstrate decision tools and employ appropriate analytical business models to break down complex issues. (C.L.O :2.2)
Demonstrate effective leadership skills and teamwork capacity for efficient decision making with the problem owners and other stakeholders as either a team member or a team leader. (C.L.O :3.1)
Assignment Instructions for Part-I:
●Log in to Saudi Digital Library (SDL) via University’s website
●On first page of SDL, choose “English Databases”
●From the list find and click on EBSCO database.
● In the search bar of EBSCO find the following article:
Title: “Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?”
Author: by Jill Avery and Marco Bertini
Date of Publication: March 1, 2023
Published: Harvard Business Review
Assignment Question(s):(Marks 10)
Read the case study titled as “Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?” by Jill Avery and Marco Bertini published in Harvard Business Review, and answer the following Questions:
1.Identify the main problem and subproblems of the case? [Mark 1]
2.Write all the information present in the case that would be helpful for decision. What other information should you gather, that would be helpful to know before making decision? [Mark 1]
3.Brainstorm with your team and generate all the ideas that your team suggests. The team cull the ideas and selected some relevant alternative choices for decision. [Mark 2]
4.Weighing the alternatives [Marks 2]
When weighing the various alternatives, how well each alternative fulfils the variables to consider can be expressed as scores. A different rating scale will be used to assess each alternative:
+2 very suitable
+1 quite suitable
0 neither suitable nor unsuitable
-1 not quite suitable
-2 not suitable at all
Note: Positive numbers (+2 or +1) indicate that the alternative is able to fulfil the variables, whereas negative numbers (-2 or -1) denote the opposite.
5.Draw a decision tree based for decision making, [2 Marks]
6.As CEO of the Dollar store, what will be your decision to keep up with inflation and why? [Mark 1]
7.Write the conclusion and overall assessment. [Marks 1]
Answers
Answer-300
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