JQ Construction is a housing developer in Selangor, Malaysia. Currently, there is an ongoing project in Bukit
Question:
JQ Construction is a housing developer in Selangor, Malaysia. Currently, there is an ongoing project in Bukit Jalil, Kuala Lumpur where the company builds a 30 story condominium on two acres of land. This project is almost 80% completed. However, in terms of sales, from the available 240 units, only 35 units have been sold. The selling price is RM 700,000 per unit. Each unit has a built-up area of 1,500 square feet. The company is concerned about the soft property market due to Covid 19 pandemic. Due to this unexpected low number of units sold, the company is facing a cash flow problem.
You are required:
The CEO has instructed YOU as the Business Development Director to immediately prepare a COMPREHENSIVE report on the project’s current status and its future direction. From time to time, you may ask further questions from the CEO for clarification (Your Instructor will act as the CEO of JQ Construction).
Note: Explanation might be different for each group.
INSTRUCTIONS:
BUSINESS REPORT
Operations management in the supply chain decisions and cases
ISBN: 978-0077835439
7th edition
Authors: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein