Course Learning Outcomes Evaluated CLO 6: Examine management strategies utilized to build and sustain top performing organizations

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Course Learning Outcomes Evaluated

CLO 6: Examine management strategies utilized to build and sustain top performing organizations

CLO 7: Detail how businesses effectively manage production and operations

CLO 8:Examine the Canadian financial system and the financial management strategies utilized within it

Essential Employment Skill Evaluated

EES1:Communicate clearly, concisely, and correctly in the written, spoken, and visual form that fulfills the purpose and meets the needs of the audience.

EES2: Respond to written, spoken or visual messages in a manner that ensures effective communication.

EES4:Apply a systematic approach to solve problems.

EES5:Use a variety of thinking skills to anticipate and solve problems.

EES6:Analyze, evaluate, and apply relevant information from a variety of sources.

EES7:Locate, select, organize, and document information using appropriate technology and information systems.

EES9:Interact with group members to create effective working relationships and achieve goals.

Objectives(As Team Contracts contribute toward EES9, pay proper and due attention to creating them. See Grading Rubric for details)

Apply skills to research information, apply course learning outcomes to real-world issues

Demonstrate ability to analyze information and develop responses to questions
Demonstrate ability to think critically by scanning resources and using relevant information
Demonstrate interpersonal and communication skills, establish, and maintain collaborative working relationships with all members to achieve assignment objectives. This is a key skill required by recruiters.

BACKGROUND

With annual sales of $1.2 billion and a valuation of $24 billion, Instacart is one of the largest online grocery delivery services in the U.S. and Canada.Its co-founder, Apoorva Mehta, an Indian Canadian graduate of University of Waterloo, became a billionaire at age 33 in 2020. Instacart gained popularity during the COVID-19 pandemic when lockdowns were mandated for all but essential workers. Employing hundreds of thousands of personal shoppers to pick, pack and deliver orders from participating retailers to customers at designated times, the company is looking for ways to reduce operating costs by automating its business processes. Desiring to elevate its brand and enhance user experience beyond delivering groceries, Instacarthired Grammy award winner, Lizzo, to promote its latest product, Carts, an in-app experience that enables pop culture influencers to share curated and shoppable content with users. To enable Instacart to meet its aggressive growth and expansion plans in an increasingly competitive market, Instacart is considering issuing an IPO, which would enable the ten-year old company to raise capital by selling its shares publicly.