MG408 T-Shirt Challenge: A Team Project

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Questions and Answers

Which team member is primarily responsible for creating the profit and loss budget in Excel?

  • Amira
  • Blessing
  • Lukasz (correct)
  • Priya

Which of the following best describes the advice Priya gives regarding CW1 and the T-Shirt challenge?

  • Focus on connecting CW1 directly with the T-shirt design process to save time.
  • Delegate CW1 to Lukasz, considering his accounting background.
  • Abandon the T-Shirt challenge if CW1 proves too demanding.
  • Concentrate on the T-Shirt challenge before addressing CW1. (correct)

What is the significance of Weeks 7-8 for Team Elevate?

  • Period for the T-Shirt Exhibition. (correct)
  • Time allocated for initial brainstorming sessions.
  • Final review of the marketing strategy.
  • Deadline for submitting the Business Report CW1.

What is the primary reason for Mihai's suggestion to take photos of the team's work?

<p>To aid in the creation of the Reflective Report. (C)</p> Signup and view all the answers

Besides designing a logo, which other key deliverable is Priya directly responsible for?

<p>Creating the brand name and tagline. (D)</p> Signup and view all the answers

Which of the following actions is Amira expected to take regarding team communications?

<p>Sending the link to the created group. (B)</p> Signup and view all the answers

What specific financial constraint is the team operating under for the T-Shirt Challenge?

<p>A total budget of £200. (C)</p> Signup and view all the answers

What is Blessing's contribution to group discussions?

<p>Planning effective communication strategies. (D)</p> Signup and view all the answers

How does Lukasz plan to potentially connect CW1 with the T-shirt project?

<p>By linking it with something related to fashion. (C)</p> Signup and view all the answers

In what context did Mihai welcome the team?

<p>Welcoming the team to their first official meeting for the T-Shirt Challenge. (A)</p> Signup and view all the answers

Which of these elements is not outlined as a deliverable for the T-Shirt Challenge?

<p>A detailed analysis of competitor pricing strategies. (C)</p> Signup and view all the answers

Besides the logo and tagline, what other visual deliverable is Priya passionate about?

<p>Branding and design. (A)</p> Signup and view all the answers

What expertise does Amira bring to Team Elevate, beyond general business knowledge?

<p>Skills in Marketing and Social Media (C)</p> Signup and view all the answers

Which student’s background would be MOST helpful in determining the target audience for the T-shirts?

<p>Blessing, because of her customer service experience (A)</p> Signup and view all the answers

Which task aligns BEST with Mihai's role as a 'natural team organizer'?

<p>Organizing, planning and presenting the final exhibition. (C)</p> Signup and view all the answers

How much of the total budget for the T-shirt challenge is specifically allocated to marketing, according to Lukasz?

<p>£20 (C)</p> Signup and view all the answers

In which area is Blessing expected to leverage her strengths for the T-Shirt Challenge?

<p>Conducting market research. (A)</p> Signup and view all the answers

What is the deadline date for CW1?

<p>It is due on the 11th of April. (D)</p> Signup and view all the answers

Who from Team Elevate suggested taking photos of the work in progress?

<p>Mihai (D)</p> Signup and view all the answers

What does Lukasz say they have to explain while doing the profit and loss spreadsheet?

<p>Explain how many products they're ordering including the cost of garments. (C)</p> Signup and view all the answers

Flashcards

T-Shirt Challenge

A project involving designing a logo, branding, identifying a target market, creating a profit and loss spreadsheet, and developing a marketing idea, all within a £200 budget.

Four Key Deliverables

Designing a logo and brand, identifying a target market, creating a profit and loss spreadsheet, and developing a marketing idea.

CW1

A written assignment that discusses a business issue and how the four business functions work together; it is due in three weeks.

Mihai's Reminder

To take photographs of the team's work process.

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Budget Limit

Two hundred pounds

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Exhibition Week

Weeks 7-8

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Priya's Task

Designing a logo and brand

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Blessing's Task

Target Market Research

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Lukasz's Task

Profit & Loss budget in Excel

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Amira's Task

Marketing Idea (poster or social media)

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Mihai's Task

Organisation, planning and presentation

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Study Notes

  • The document outlines a scenario where five students from diverse backgrounds collaborate on the MG408 T-Shirt Challenge.
  • The main focus is on how the team manages roles, communication, and their understanding of the project brief.

Meet the Team

  • Amira: A business student from Egypt, is skilled in marketing and social media.
  • Lukasz: An accounting student from Poland, is confident in Excel and budgeting.
  • Priya: A creative student from India, with a passion for branding and design.
  • Mihai: An entrepreneurial student from Romania, is a natural team organizer.
  • Blessing: A UK-based student brings customer service experience and strong communication skills to the team.

Team Conversation: Planning the Challenge

  • Mihai: Initiated first official meeting for the T-Shirt Challenge.
  • Mihai: Suggested starting by reviewing the brief.
  • Blessing: Stated the need to design a logo and brand.
  • Blessing: Stated the need to decide on the target audience, and stay within the £200 budget.
  • Blessing: Stated the target to present everything at the exhibition in Week 7.
  • Amira: Highlighted the importance of showcasing product promotion strategies, as the brief requires a marketing idea.
  • Lukasz: Emphasized the importance of the profit and loss spreadsheet.
  • Lukasz: Needs to explain product ordering quantities and costs.
  • Lukasz: Mentions fixed costs are £20 for marketing.
  • Priya: Offered to work on the brand logo and colors, suggests targeting students seeking stylish but affordable options.

Task Division and Communication Planning

  • Priya: Assigned to create the brand name, logo, and tagline.
  • Blessing: Assigned to conduct target market research.
  • Lukasz: Assigned to handle the profit and loss budget in Excel.
  • Amira: Assigned to develop the marketing idea (poster or social media).
  • Mihai: Assigned to manage organization, planning, and presentation.
  • Blessing: Questioned using Whatsapp for communication.
  • Amira: Answered that she will create the group and send the link.
  • Lukasz: Reminded the team about CW1 due in three weeks, and the need to connect it with fashion.
  • Priya: Recommended prioritizing the challenge.
  • Mihai: Suggested taking photos of their work for the Reflective Report.

Group Task: Team Setup

  • Teams need to work within their assigned teams to complete planning tasks.
  • Task 1 is team setup and requires the naming of the team.
  • Also requires assigning team members to the roles of project manager, designer, finance lead, marketing lead, and target market researcher.

Understanding the Brief

  • Task 2 involves understanding the brief, and answering questions based on the scenario and challenge brief.
  • Need to establish the four key deliverables for the T-Shirt Challenge.
  • Need to be aware of the total budget.
  • Need to be aware of fixed and variable costs.
  • Need to know actions to move their challenge forward.
  • The team needs to analyze the project requirements.
  • The deliverables include designing a logo and brand, identifying a target market, creating a profit and loss spreadsheet, and developing a marketing idea, all while staying within the £200 budget.

Reflection and Planning for CW1

  • Task 3 is reflection and planning for CW1 and answering questions in relation to it.
  • Need to share ideas for the 500-word Business Report (CW1).
  • Need to identify a business issue to research.
  • Need to be aware of what business functions to link to it.
  • Team needs to write about a business issue and how the four business functions work together.
  • They considered connecting it with something related to fashion.
  • Priya suggested focusing on the T-Shirt Challenge first.
  • Report is due in three weeks, so planning should begin soon.

Important Reminders

  • T-Shirt Exhibition will take place in Weeks 7-8
  • CW1 id due on April 11th
  • Teams must be ready to present at exhibition week.
  • Need to plan ahead for the CW1 assignment
  • Mihai's reminder to capture photos of their work will contribute to the Reflective Report by showcasing the project's progression and refinement.

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