Discussion on Principles of Management

create a company .

 

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MGT 202

 

Project Assignment

 

CLO: 1 & 3

 

Course Code: MGT 202 Course Name: Principles of Management
Date of Project: 22/11/2020 (BUS-2)

24/11/2020 (LEC-1), 26/11/2020 (BUS-1)

Instructor: Dr. Leonardo Mataruna
Location of Presentation: Online Time of Presentation: 4 minutes – Pitch

 

No Course Learning Outcomes PLO  
1 Identify the various types of organizational structures and patterns. 1 X
2 Describe the evolution of management school of thoughts and role and functions of management. 1  
3 Use the tools and processes for planning, organizing, leading and controlling organizational activities. 2 X
4 Develop understanding of how ethics and social responsibility play a major role in managing a business. 2  

 

Instructions:

  • The presentation is INDIVIDUAL. The student is responsible for posting the assignment on Turn-it-in on Moodle.
  • Each student must to create an organization or company to elaborate the project.  It should be a company that is of interest to the student and should target one segment by age. Be sure to provide enough information in the written part. Use public data as demography, data from the market, any element that can support your idea.
  • Each company created should be present from one exclusive student. Please, do not copy from other students. Use this moment to develop a startup company using your creativity, increased by the diversity of your experience and research. Remember, the conditions that we are facing during the COVID-19 pandemic to use in your presentation.
  • If you need any extra support to elaborate your company, please email me (leonardo.mataruna@cud.ac.ae)

 

Assignment:  This assignment is designed to provide you with an opportunity to apply the theories and concepts we learned to a current business corporation. It includes both a slide presentation (10 marks) and written report (10 marks). Remember, that the presentation must considering that the investor (professor) has available 1 million of dirhams for applying in the best business idea. The three best presentations will receive a special certification.

 

 

All projects must contain:

 

  1. Introduction and Background of the Organization:
  • As part of the introduction, explain why your group selected this company.
  • Background of company to include product, vision, mission, industry.
  • Which types of global organizations is the company? (Multinational, NGO, importing and exporting, global organization).
  1. Organizational Culture:
  • Identify and explain four cultural values of the organization (Handy’s types: Power Culture, Role Culture, Task Culture, and Person Culture).
  • Overall, how would you evaluate the culture of the company? (use the Hofstede’s Six Dimensions of Culture)
  • Is this culture appropriate for the organization’s vision and mission?
  1. External Environment:
  • How is the industry changing?
  • What opportunities and challenges does it present?
  • Identify 2 -3 major trends for the industry and the impact this will have on the sector.
  1. SWOT Analysis:
  • Based on all the information you have gathered, perform a SWOT analysis

for the company with recommendations.

  • What are the company’s strengths for the future?
  • What are the company’s weaknesses for the future?
  • What competition will the company face in the future?
  • What opportunities does the company have in the future?
  1. Summary and Conclusion:
  • Overall evaluation of the company and its future. Is the company, its culture, and its products prepared for the future? And for the COVID-19 situation at the present?
  • Would you like to work for this company–why or why not?
  • Paste the print screen of your slides (you can use only two slides to present)
  • Insert the References used in the project

 

 

Format:

  • The written assignment is supposed to have a minimum of 2,000 words and maximum 3,000 words, which is equivalent to approx. 5-7 pages (Times Roman, 12, spacing 1).
  • Need to have 4 -8 references, with a reference page and references in the body of the research paper.
  • The presentation is expected to take 4-5 minutes per company with each student participating in the presentation to receive points.
  • Please use PowerPoint (min.1 and max. 2 slides) for your presentation and submit the picture of the slides copy inside the written part.
  • Please submit a soft copy of the paper to the instructor on the day of presentation via MOODLE in an e-copy via Turn-it-in on Moodle.  *No late papers will be accepted.
  • The pitch presentations will be realized during two days only according the list of attendance.

 

 

 

 

 

Suggestions for Companies/Industries to choose from:

1)      Airline Industry
2)      Hotel Industry
3)      Automobile Industry
4)      Retail Industry
5)      Mobile Electronics Industry
6)      Services
7)      Fast Food Industry/ Food and Beverage Industry
8)      Computer Industry
9)      Leisure Industry
10)  Games or eSport Industry

 

 

 

Academic

Integrity

 

 

 

Cheating refers to attempting or using unauthorized materials or obtaining unauthorized assistance in an academic activity, including all types of examinations or evaluations. This may include impersonating another student; looking at another student’s materials; using unauthorized notes/books/calculators; talking to other students; using communication devices such as mobile phones or any Bluetooth devices.
Plagiarism includes, but is not limited to, representation of others’ work, lending unauthorized assistance, and using strategies or processes with the aim of attaining dishonest grades on tests or examinations. Students may not submit any material created by or acquired from another person or business.

Plagiarizing any type of course work will not be tolerated. All instances of plagiarizing shall be documented, presented to the Chair/Dean of the program and to the Registrar, and recorded in the student’s file. Any violations to the Academic integrity will be sanctioned.

 

 

 

 
 

 

Congratulations, after graduating from Prince Sultan University, Bachelor’s degree in Accounting (Zakat and Tax track), you were hired as a Zakat and tax consultant in one of the biggest companies in Saudi Arabia.

 

You have received the financial statements of Al Salam Company, one of the strong and popular companies in Saudi Arabia, and you are asked to calculate the tax and zakat

 

The company owned by for Saudi (60%) and foreign (40%) partners.

 

Annual Report 2019

Building a bright future

 

 

 

Highlights 2019
AlSalam management and staff focused on building a bright future for the business.
 
Our purpose

Our purpose is simple: to deliver on our promise of ‘Quality you can trust’. Our commitment to the people and consumers of the Middle East is unwavering. We will continue to deliver high-quality products and across the markets in which we operate and grow.

 

 

 

Al-Salam Company

Limited Liabilities Company

Consolidated Balance Sheet as at 31 December 2019

2019 2018
ASSETS    
Non-Current Assets    
Property, Plant and Equipment 1,550,000 1,200,000
Intangible Assets and Goodwill 1,128,533 1,046,607
Investments in Associate and Joint Venture 88,029 129,429
Current Assets    
Inventories 2,200,000 1,400,000
Trade Receivables, Prepayments and Other Receivables 3,700,000 2,400,000
Cash and Bank Balances 3,496,926 3,280,199
TOTAL ASSETS 12,163,488

 

9,456,235
EQUITY    
Capital 1,500,000 Note (4) 1,000,000
Statutory Reserve 500,000 500,000
Retained Earnings 2,500,000 950,000
TOTAL EQUITY 4,000,000 2,450,000
Non-Current Liabilities    
Loans and Borrowings 2,700,000 2,400,000
Allowances Employee Retirement Benefits 900,000 Note (3) 750,000
Current Liabilities    
Zakat 363,488 256,235
accrued expenses 1,000,000 Note (2) 1,200,000
Trade and Other Payables 2,700,000 Note (1) 2,400,000
TOTAL LIABILITIES 7,663,488 7,006,235
TOTAL EQUITY AND LIABILITIES 12,163,488

 

9,456,235

 

 

 

 

 

Consolidated Statement of Profit or Loss for the year ended 31 December 2019

2019 2018
Revenue 14,751,000

 

13,557,000
Cost of Sales (8,984,603) (8,230,763)
Gross Profit 5,766,397

 

5,326,237
GENERAL AND ADMINISTRATION EXPENSES 1,300,000 Note (6) 1,000,000
depreciation 300,000 250,000
Other revenues 100,000 Note (5) 0
Profit before Zakat and Income Tax 4,266,397 4,076,237

 

 

 

Notes to the Consolidated Financial Statements

  1. The added amount to Trade and Other Payables includes amount of 200,000 SR for purchasing fixed assets, and the beginning balance is still not paid at the end of the year.
  2. The accrued expenses are paid periodically
  3. The used of the Allowances Employee Retirement Benefits during the year is 40,000 SR
  4. The increase in the capital made one of the Saudi partner’s on 1/4/2019
  5. The other revenues are from disposing some investments, that are traded in the financial markets; these investments were acquired on 30/4/2010
  6. General and Administration Expenses include:
  7. Donations of 300,000 SR, 100,000 of that amounts are supported by documents, and according to the conditions.
  8. 50,000 is related to Tax expense.
  9. School’s fees of 40,000 SR according to conditions, except 10,000 SR is paid to school that is not

 

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