Exercise #2 - What is the organization? Case Study "Happy Monkey Corporation (HMC) was founded in 1995 as an apparel manufacturer, yet, over two decades, it has become a renowned clothing retail company with around a thousand stores across Turkey and in diverse foreign markets and 15.000 workers, including the employees at the headquarter in Istanbul. HMC is currently among Turkey's five largest apparel retailers and growing aggressively in target non-domestic markets as a rising star in the appare! industry HMC has introduced its mission of dressing ordinary people in affordable and stylistic clothes. To achieve this end, it employs a wide range of highly qualified staff, including textile engineers, fashion designers, data analysts, merchandisers, buyers, quality controllers, store managers, and store crew. This suze scale challenges top managers to design the organizational structure due to its geographical dissemination beyond Turkey and a large number of employees Another stress on top managers and the owners stems from the diversification in the market portfolio of HMC. The Corporation has penetrated European and American markets alongside the Turkish market, so top echelons must cope with challenging threats and monitor emergent opportunities in this diversified set of target markets. The core operations of HMC can be summarized as a set of related activities that generate a long supply chain bridging between customers and suppliers. HMC has internalized such activities as designing, pricing, supply chain management (ordering purchases and controlling the production processes and deadlines). However, it left other operations to the supply chain partners such as logistics, manufacturing, quality controlling, and warehousing. That is, company operations are not related directly to production but branding and supply chain management Questions 1. Analyze Happy Monkey Corporation from three different system perspectives. How would each system perspective describe this company? Which of these perspectives does account for all features of the company listed above? 2. Please explain the elements of organization