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MGT Group Assignment

- The document discusses F.Y Sdn Bhd, an eco-friendly clothing company in Malaysia with 3 levels of management - top, middle, and lower. - It outlines the company's vision to be a global leader in eco-friendly fashion and its mission to provide best value eco-friendly products. - The company's standing plan includes policies on punctuality and uniforms. Its single-use plan budgets RM4500 for a new branch and RM100,000 annually for limited design projects.

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Farah Husna
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0% found this document useful (0 votes)
1K views6 pages

MGT Group Assignment

- The document discusses F.Y Sdn Bhd, an eco-friendly clothing company in Malaysia with 3 levels of management - top, middle, and lower. - It outlines the company's vision to be a global leader in eco-friendly fashion and its mission to provide best value eco-friendly products. - The company's standing plan includes policies on punctuality and uniforms. Its single-use plan budgets RM4500 for a new branch and RM100,000 annually for limited design projects.

Uploaded by

Farah Husna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MGT 162 – FUNDAMENTALS OF MANAGEMENT

BUSINESS
F.Y SDN BHD

NAME MATRIC
NUMBER
NATASHA IRIANIS BINTI MOHD ZAYANI 2021665488

SITI FARAH HUSNA BINTI KHAIRUL ZAMAH

PUTRI NURUL ATIQAH MOHD FADZLI 2021408182

NUREEN DARWISHA BINTI DAUD 2021891004

PREPARED TO:
MADAM NURUL AIN BINTI
ACKNOWLEDGEMENT

First and foremost, we would like to praise and thank the Almighty God for giving
us the strength and because of His blessing, we finally managed to accomplish this
assignment. Without His blessing, we wouldn’t have gone this far. This assignment
cannot complete without effort and co-operation from our group members, which are
consists of Natasha Irianis, Siti Farah Husna, Putri Nurul Atiqah, and lastly Nureen Darwish.
We always work
hard to produce a good assignment with our full commitment and responsibility.
Therefore, we would like to acknowledge with thanks to our lecture Madam Ain because without
her guide our assignment cannot be done
properly like this. She always gives us support and guides on how to do our assignment
in purpose to produce a good outcome. She inspired us greatly to work on this project.
We also like to thank her for teaching us in this course.
Last but not least, we would like to express our thankfulness to the Kolej Uniti Port Dickson for
allowing us to conduct this writing
report assignment.
Finally, an honorable mention goes to our friends and respondents
for the support and willingness to spend some time with us to fill in the questionnaire

TABLE OF CONTENTS
NO CONTENTS PAGE
NUMBER
1 INTRODUCTION
 COMPANY BACKGROUND
 LEVEL OF MANAGEMENT
 TYPE OF MANAGERS AND SKILLS INVOLVED

2 PLANNING
 VISION
 MISSION
 STANDING PLAN
 SINGLE USE PLAN
INTRODUCTION

COMPANY BACKGROUND

- F.Y Sdn Bhd or the others name is ‘finding you’ is an eco-friendly clothing company
headquarter in No.2-4 Jalan Manau, 50460 Kuala Lumpur Malaysia and managed by a
team of Korean and Malaysian. Our business started in the year 2009 and has been
working in the fashion industry for 12 years now. The original idea to start running this
business is come from Irianis as our founder for F.Y business. We choose to design and
produce our product to make sure that our product is 100% eco-friendly. F.Y is an entity
with nature, character, personality and it is our intention for the F.Y brand to be
recognized as a number one eco-friendly Malaysia Korean clothing around the people
where communities can stay styled trending and comfortable but still protect
nature(world)

The masterful use of fine eco-friendly raw materials processed by a trusted Korea
Malaysia factory based in an eco-friendly field allowed us to grow at a fast pace eco-
friendly clothing brand that has immediately become a point of clothing shopping for
customers. We have also been chosen because of our perfect quality, easy-care,
recognizable comfort through distinctive touch and feel, and impeccable fit.

As of January 2017, F.Y operates in 18 countries with over 750 stores the various F.Y
company with 9 000 full-time equivalent positions.

LEVEL OF MANAGEMENT

- For F.Y Sdn Bhd we have 3 types of management

a) TOP LEVEL MANAGEMENT


 They are responsible for making the organization-wide decision and
establishing the policies and strategies that affect the entire organization

b) MIDDLE-LEVEL MANAGEMENT
 They include all levels of management between the supervisory level and
top of the organization

c) LOWER LEVEL MANAGEMENT


 They are the lowest level management where they supervise the staff or
individuals directly involved in the production
TYPES OF MANAGERS AND SKILLS INVOLVED

- As for top-level management, we have two several positions one is our CEO and the
next is COO. They are responsible for making a wide decision, deciding our business
goals, and giving approval for new incoming ideas for our business. They have a vision
for the organization and the leadership skills necessary to reach the vision. Conceptual
skills were the most important skills that must be used by CEO and COO because the
ability to think and conceptualize abstract situations, see the organization as a whole
and the relationship among its various subunits and visualize how the organization fits
into its environment are essential for CEO and COO to make an effective decision for
make our business become more stables and success

- Next is middle-level management, at this level, we have our department head, project
leader, marketing manager, and division managers. They have interpersonal roles
because all managers are required to manage good relationships with people within
employees and outside of the organization. Middle-level management has a strong
understanding of the area’s strategy of the organization and a commitment to ensuring
that it is implemented well. The primary objective is to allocate the resource effectively
and manage the workgroup. Human skills are mainly used in this level of management
because they have to work well with other people both individually and in the group.
They also know how to communicate, motivate, lead, and trust. Other than that, they
help to create a work environment wherein members of the group can express
themselves freely, offer ideas and participate in the planning activities.

- Lastly is lower-level management, there are several positions in our company such as
supervisor, coach, recruiting assistant, accounting clerk, market analysis and staff. They
all are responsible for different things like teaching new employees, examining the
environment, and monitoring all the incoming or outcoming products. Managers at this
level of management also need to be a spokesperson. Technical skills were used to
enable managers to know basic or important things, for example, a way to use the tools
or procedures and techniques that are specific to their field and proficiency in certain
specialized fields such as computers and finance. This skill is teachable and it can be
taught to other members of the organization.
PLANNING
Planning is outlining and envisioning the future course of action after careful
considerations of internal and external resources, conditions, and future trends to
achieve specific objectives.

VISION
- We strive to be a global leader in eco-friendly fashion-knit and fashion outerwear by
empowering innovation and design to provide total customer satisfaction.
- To provide an opportunity where there was no opportunity in this eco-friendly industry

MISSION

- To innovate, to lead, to enhance, and to provide best-value eco-friendly cloth and


services to global and local customers.

- To make a difference through our branding to stay ahead of others fashion trends,
market changes, and the latest technology.

STANDING PLAN

POLICY

 All employees need to be punctual with the operations time of the company and stores
 Need to wear formal if working at the company and wear specific uniform at stores
depending on their department
 Work 6 days a week for stores and 5 days a week for the company

PROCEDURE

 Must apply a three week ahead before the date of long/short term vacation
 Work for at least more than 2 years for promotion

RULES

 The employees need to make sure that the hygiene of the environment in the company
and stores is being taken
 The employees only have 77 days for sick leave or annual leave per year
 Being sued if share the details of the company
 Kicked out from company or stores if found stealing.
SINGLE-USE PLAN

PROGRAM

 With the high demand for a variety of eco-friendly products that the company produces,
it is decided that the company will expand the profession into the new whole shop and
produces more and different types of cloth, bag, and shoes.

PROJECT

 For every upcoming new year, our company will make a limited design or collaboration
with artists with limited items and quantities just for a month and will not sell again.

BUDGET

 PROGRAM

 The budget for opening a new branch is including the rental and also the
water and electricity bills of RM4500. The other expenses of this plan are
salaries, commissions, and utilities that are worth RM8500 overall. This
budget will only be used when the company decided to open a new
branch.

 PROJECT

 The budget for every year project will be around RM100 000 and this
budget will be higher or lower depending with which artist our company
will be collab for the limited product.

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