MGT401 King Saud Toms Shoes Company Business Administration Case Study Please I need your assistance to make the attached with free plaragsim and 1000 words for every files • 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 usingTimes 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.
Course Learning Outcomes-Covered
Implement knowledge management cycle processes in organization (Lo 2.2 & 2.5).
Apply elements of core knowledge and learning organization principles (Lo 2.1).
Identify and analyze challenges and issues pertaining to community of practice (Lo 2.7).
Assignment 2
•
Students can read about Assignment topics from the book prescribed for this course. The
page numbers for each topic are given after assignment questions under the heading
“Suggested Readings from Book”.
Assignment Questions:
1. Describe how the integrated KM cycle combines the advantages of other KM life cycle
models? Highlight the strategic implications of the Knowledge Management cycle. (Lo 2.2
& 2.5). 500 words
2. Explain the steps leading to learning organization. Write a detailed note on Bloom’s
Taxonomy of Learning Objectives.(Lo 2.1). 300 words
3. Describe the roles and responsibilities in communities of Practice. Explain various obstacles
to knowledge sharing.(Lo 2.7). 200 words
Suggested Readings From Book:
1. Question 1: Dalkir, K. (2011). Knowledge management in theory and practice (2nd Ed.).Cambridge, MA:
MIT Press. Page Number: 51-58)
2. Question 2: Dalkir, K. (2011). Knowledge management in theory and practice (2nd Ed.).Cambridge, MA:
MIT Press. Page Number: 191-196)
3. Question 3: Dalkir, K. (2011). Knowledge management in theory and practice (2nd Ed.). Cambridge,
MA: MIT Press. Page Number: 160-163 & 168-170)
Answer:
1.
2.
3.
.
.
401
Case study:TOMS
shoes Company
Founded in 2006 by blakemycoskieTOMS Shoes was an American footwear companybased in Santa
Monica, California. Although TOMS Shoes was a for-profit business, its mission was more like that
of a not-for-profit organization. The firm’s reason for existence was to donate to children in need one
new pair of shoes for every pair of shoes sold. Blake Mycoskiereferred to it as the company’s “One
for One” business model.
While vacationing in Argentina during 2006, Mycoskie befriended children who had no shoes to
protect them during long walks to obtain food and water, as well as attend school. Going barefoot
was a common practice in rural farming regions of developing countries, where many subsistence
farmers could not afford even a single pair of shoes. Mycoskielearned that going barefoot could lead
to some serious health problems. Podoconiosis was one such disease in which feet and legs swelled,
formed ulcers, emitted a foul smell, and caused intense pain. It affected millions of people across 10
countries in tropical Africa, Central America, and northern India. For millions, not wearing shoes
could deepen the cycle of poverty and ruin lives. Upset that such a simple need was being unmet,
Mycoskie founded TOMS Shoes in order to provide them the shoes they needed.
Realizing that a not-for-profit organization would be heavily dependent upon sponsors and constant
fundraising, Mycoskie chose to create an innovative for-profit business model to achieve a charitable
purpose. For every pair of shoes that the company sold, it would donate one pair to a child in need.
Mycoskie felt that this model would be more economically sustainable than a charity because sales
would be used to achieve the company’s mission. He saw this to be a form of social entrepreneurship
in which a new business venture acted to improve society through product donations at the same time
it lived off society through its sales.
Mycoskie believed that the firm’s One-for-One model would be self-sustaining because the company
could make and sell shoes at a price similar to other shoe companies, but with lower costs. “Selling
online (www.toms.com) has allowed us to grow pretty rapidly, but we’re not going to make as much
as another shoes company and the margins are definitely lower,” he admits. “But what we do helps
us to get publicity. Lots of companies give a percentage of their revenue to charity, but we can’t find
anyone who matches one for one.”
TOMS Shoes kept expenses low by spending only minimally on marketing and promotion. The
company’s marketing was primarily composed of presentations by Blake Mycoskie, fan word-ofmouth, and promotional events sponsored by the firm. The company won the 2007 People’s Design
Award at Cooper-Hewitt’s National Design Awards. Two years later, Mycoskie and TOMS received
the annual ACE award given by U.S. Secretary of State Hillary Clinton. This award recognized
companies’ commitment to corporate social responsibility, innovation, exemplary practices, and
democratic values worldwide. Mycoskie spoke along with President Bill Clinton at the Opening
Plenary session of the Second Annual Clinton Global Initiative Conference in 2007. With other
business leaders, he also met with President Obama’s senior administration in March 2009 to present
solutions and ideas to support small businesses. He was also featured in a CNBC segment titled “The
Entrepreneurs,” in which he and TOMS Shoes was profiled.
Mycoskie explained why he spent so much time speaking to others about TOMS Shoes. “My goal is
to inspire the next generation of entrepreneurs and company leaders to think differently about how
they incorporate giving into their business models. Plus, many of the people who hear me speak
eventually purchase a pair of Toms, share the story with others, or support our campaigns like One
Day Without Shoes, which has people go barefoot for one day a year to raise awareness about the
children we serve.”
Celebrities like OliviaWilde, Karl Lagerfeld, and Scarlett Johansson loved the brand and what it
stood for. Actress Demi Moore promoted the 2010 One DayWithout Shoes campaign on The Tonight
Show with Jay Leno. It didn’t hurt that Mycoskie’s fame was supported by his
Bill Clinton-like charisma, Hollywood good looks, and his living on a boat in Marina del Rey with
“TOMS” sails. Famed designer Ralph Lauren askedMycoskie to work with him on a few styles for
his Rugby collection, the first time Lauren had collaborated with another brand.
By early 2007, TOMS Shoes had orders from 300 retail stores, including Nordstrom’s, Urban
Outfitters, and Bloomingdale’s, for 41,000 pairs of shoes from its spring and summer collections.
The company introduced a line of children’s shoes called Tiny Toms in May 2007 and unveiled a
pair of leather shoes in Fall of that year. By September 2010, the company added Whole Foods to its
distribution network and had given over 1,000,000 pairs of new shoes to children in need living in
more than 20 countries in the Americas (Argentina, El Salvador, Guatemala, Haiti, Honduras,
Nicaragua, and Peru), Africa (Burundi, Ethiopia, Lesotho, Malawi, Mali, Niger, Rwanda, South
Africa, Swaziland, Uganda, and Zambia), Asia (Cambodia and Mongolia), and Eurasia (Armenia).
The shoes were now selling for $45 to $85 a pair.
TOMS shoes were manufactured in Argentina, China, and Ethiopia. The company required the
factories to operate under sound labor conditions, pay fair wages, and follow local labor standards. A
code of conduct was signed by all factories. In addition to its production staff routinely visiting the
factories to ensure that they were maintaining good working standards, third parties annually audited
the factories. The company’s original line of al pargata shoes was expanded to include children’s
shoes, leather shoes, cordones youth shoes, botas, and wedges. In January 2009, the company
collaborated with Element Skateboards to create a line of shoes, skate decks, and longboards. For
each pair of TOMS Element shoes and/or skateboard bought, one of the same was given to children
at the Indigo Skate Camp in the village of Isithumba in Durban, South Africa.
Blake Mycoskie was the company’s Chief Executive Officer and joked that he was also its “Chief
Shoe Giver.” He spent much of his time traveling the country to speak at universities and companies
about the TOMS Shoes’ business model. According to CEO Mycoskie in a June 2010 article in Inc.,
“The reason I can travel so much is that I’ve put together a strong team of about ten people who
pretty much lead the company while I am gone. Candice Wolfswinkel is my chief of staff and the
keeper of the culture. . . . I have an amazing CFO, Jeff Tyler, and I’ll check in with him twice a week.
I talk to my sales managers on a weekly basis. I also call my younger brother,
Tyler, a lot—he’s head of corporate sales.” The company had 85 employees plus interns and
volunteers. In 2009, more than 1,000 people applied for 15 summer internship positions.
The company depended upon many volunteers to promote the company and to distribute its shoes to
needy children. For example, Friends of TOMS was a registered nonprofit affiliate of TOMS Shoes
that had been formed to coordinate volunteer activities and all shoe drops.
The company sponsored an annual “Vagabond Tour” to reach college campuses. Volunteers were
divided into five regional teams to reach campuses throughout the United States to spread
information about the One-for-One movement. To capture volunteer enthusiasm, the company
formed a network of college representatives at 200 schools to host events, screen a documentary
about the brand, or throw shoe decorating parties.
Mycoskie believed that a key to success for his company was his generation’s desire to become
involved in the world. “This generation is one that thrives off of action. We don’t dream about
change, we make it happen. We don’t imagine a way to incorporate giving into our daily lives—we
do it. TOMS has so many young supporters who are passionate about the One for One movement,
and who share the story and inspire others every day they wear their TOMS. Seeing them support
this business model is proof that this generation is ready and able to create a better tomorrow.”
Reference: Hunger, J.D (2014)- (Mini Case 23, Textbook, pp. 765-768).
Assignment Questions:
(5Marks)
Based on the text about TOMS Shoes Company, answer the following questions:
1) What is the competitive strategy used by TOMS Shoes Company? 500 words
2) Identify opportunities and threats as well as strengths and weakness of the company.(illustrate
them within a table ) 300 words
3) Describe the roles of directional,marketing, operations and human resource strategies in the
overall well-being of TOMS Shoes Company. 200 words
Answers
1) .
2) .
3) .
MGT404
Marks: 5
Course Learning Outcomes:
1. Identify the different elements and issues of organizations development and creating the need
for change. (Lo 1.2 & 2.4)
2. Analyze the strategic role of change in the organization and its impact on organizational
performance (Lo 2.9)
Assignment –2
Assignment Instructions:
➢ Be sure to use at least three scholarly, peer-reviewed references in support of each answer
and also incorporate the key concepts from the course.
Critical Thinking Questions:
1. Why Change is important in an Organization? 500 words (2.5 Marks)
2. Discuss the key benefits of Organization Development 500 words (2.5 Marks)
Answer:
1.
2.
• 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 usingTimes 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.
Course Learning Outcomes-Covered
Implement knowledge management cycle processes in organization (Lo 2.2 & 2.5).
Apply elements of core knowledge and learning organization principles (Lo 2.1).
Identify and analyze challenges and issues pertaining to community of practice (Lo 2.7).
Assignment 2
•
Students can read about Assignment topics from the book prescribed for this course. The
page numbers for each topic are given after assignment questions under the heading
“Suggested Readings from Book”.
Assignment Questions:
1. Describe how the integrated KM cycle combines the advantages of other KM life cycle
models? Highlight the strategic implications of the Knowledge Management cycle. (Lo 2.2
& 2.5). 500 words
2. Explain the steps leading to learning organization. Write a detailed note on Bloom’s
Taxonomy of Learning Objectives.(Lo 2.1). 300 words
3. Describe the roles and responsibilities in communities of Practice. Explain various obstacles
to knowledge sharing.(Lo 2.7). 200 words
Suggested Readings From Book:
1. Question 1: Dalkir, K. (2011). Knowledge management in theory and practice (2nd Ed.).Cambridge, MA:
MIT Press. Page Number: 51-58)
2. Question 2: Dalkir, K. (2011). Knowledge management in theory and practice (2nd Ed.).Cambridge, MA:
MIT Press. Page Number: 191-196)
3. Question 3: Dalkir, K. (2011). Knowledge management in theory and practice (2nd Ed.). Cambridge,
MA: MIT Press. Page Number: 160-163 & 168-170)
Answer:
1.
2.
3.
.
.
Purchase answer to see full
attachment