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INTRODUCTION TO

MANAGEMENT
GROUP ASSIGNMENT –
VIDEOGRAPHIC (COMPANY
REVIEW)

Course Code: UDA1002


INTRODUCTION TO MANAGEMENT

Coursework
Videographic – Group Assignment
Component

Learning
CO1: Menghuraikan konsep dan fungsi pengurusan bagi mencapai matlamat
Outcome(s) organisasi.
Assessed

Weighting (%) 20%

Assignment
COMPANY REVIEW
Title

Release Date Week 1

Week 7
Submission
(MONDAY – THURSDAY)
Deadline
(01/01/2024 - 04/01/2024: Before 6 PM)

To Be Handed
LINK PROVIDED
At

INSTRUCTION TO CANDIDATES:

Kindly submit your completed GROUP work at the latest by 04 January 2024 (Thursday)
before 6.00 pm through the system of UMSeLF. Any delay without approval will not be
accepted.

ATTENTION:

• Students are required to answer all the questions

• Students are not allowed to COPY OR PLAGIARISE from friends/ slide/ books/ web and etc. There
shall be a penalty for the act of plagiarism.
INTRODUCTION TO MANAGEMENT

You have to create one videographic to answer the questions below. You may use any
available (free) video generator for this assessment to produce an interesting and creative
videographic. A videographic is an animated explainer video and it might also be referred to as
a motion graphic, or an animated infographic.

Instruction:

Read the case below and answer the question given.

CUT THE COSTS!

You’re the vice president of a large company that makes outdoor furniture for decks, patios,
and pools. Each product line and the firm itself have grown substantially in recent years.
Unfortunately, your success has attracted the attention of competitors, and several have
entered the market in the last two years. Your CEO wants you to determine how to cut
costs by 10 percent so that prices can be cut by the same amount. She’s convinced that the
move is necessary to retain market share in the face of new competition.

You’ve examined the situation and decided that you have three options for cutting
costs:

❖ Begin buying slightly lower-grade materials, including hardwood, aluminum, vinyl,


and nylon.
❖ Lay off a portion of your workforce and then try to motivate everyone who’s left to
work harder; this option also means selecting future hires from a lower-skill labor
pool and paying lower wages.
❖ Replace existing equipment with newer, more efficient equipment; although this
option entails substantial up-front investment, you’re sure that you can more than
make up the difference in lower production costs.

Source: Griffin, R., (2016) Fundamentals of management. 8th ed. Cengage Learning.

With this background in mind, respond to the following questions:


INTRODUCTION TO MANAGEMENT

Questions:

1. Carefully examine each of your three options. In what ways might each option affect the
organization?
2. What are the primary obstacles that you might face in trying to implement each of your
three options?
3. What are the other options for accomplishing your goal of reducing costs?
4. Nowadays, as a manager, what are the skills required to face a highly competitive
environment?

Guidelines for videographic preparation:

1. You are advised to use appropriate quality of video resolution. Please make sure that
your voice/audio/visual can be heard and presented clearly in the video.

2. You need to produce a videographic that is less than 3 minutes long.

3. Your submission MUST BE in A VIDEO FORMAT. Link submission is NOT ALLOWED.

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