1.understand The Case Study Ibgenius y2a5i

Paper 1 Case Study Radeki de Dovnic Manufacturing 1. Understand the case study Based on the case study published by the IBO for May 2019 exams.

Czech Republic

-

In Central Europe Population: 10.58 million (2017) -Eurostat Member of the E.U. since 2004 Government: Unitary parliamentary constitutional republic

Get an idea of Prague, the capital of Czech Republic:

Video: https://www.youtube.com/watch?v=idg6vW3vXtE

Economy

Unemployment rate 01/2019: 3.3%

OECD Full report 2018: https://www.oecd.org/eco/surveys/Czech-Republic-2018-OECD-economic-surveyoverview.pdf

History ● ● ● ● ● ● ●

● ●

● ●

Samo's Empire 631–658 Great Moravia 830s–907 Duchy of Bohemia 880s–1198 Kingdom of Bohemia 1198–1918 Margraviate of Moravia 1182–1918 Duchies of Silesia 1335–1742, and as Austrian Silesia 1742-1918 Lands of the Bohemian Crown 1348–1918 ● part of the Holy Roman Empire 1002–1806 ● part of the Austrian Empire 1804–1867 ● part of Austria-Hungary 1867–1918 First Czechoslovak Republic 1918–1939 Protectorate of Bohemia and Moravia(protectorate of Nazi ) 1939–1945 Czechoslovakia 1945–1992 Czech Republic 1993–present

Sources for Czech Republic -

https://www.oecd.org/eco/surveys/Czech-Republic-2018-OECD-economic-survey-overview.pdf https://tradingeconomics.com/czech-republic/unemployment-rate https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economierformance-country/czech-republic/economic-forecast-czech-republic_en https://en.wikipedia.org/wiki/Czech_Republic https://www.cia.gov/library/publications/the-world-factbook/geos/ez.html

Radeki de Dovnic Manufacturing -

Founded in 1873 100% owned by the Radeki de Dovnic family Private Limited Company Situated in Lobjanec, Czech Republic Current CEO - Jan

Activity: In groups students can create a timeline of the company’s history - It could be a creative poster for the classroom.

RDM’s Product Portfolio

Coal burning stoves

Kerosene/oil burning stoves

Healthcare devices

Customized products /Special orders

RDM’s Product Portfolio Activity: Discuss in class the following -

-

Why did RDM change from coal to oil burning stoves and then to healthcare devices? At which stage of the product life cycle do you think were the coalburning stoves when RDM begun to produce kerosene/oil-burning stoves? Why? Why did RDM decide to produce healthcare devices instead of stoves? Why some executives the idea to create a distinct division for producing aluminum water bottles?

RDM’s changes! Activity: Find the following changes that have taken place in RDM BEFORE

Method of production Number of employees Skills of employees in production

Source of recruitment Organizational structure Leadership style Atmosphere in the business

NOW

RDM’s options Activity: Discuss in class the following -

Which are the options RDM is considering in order to grow? Which are the differences of the two options? What are the alternative sources of finance mentioned in the case study for the two options?

RDM’s problems - Per function Activity: Can you group RDM’s problems in the following table?

01

Overall

?

02

Human Resources

?

03

Operations Management

?

04

Finance

?

05

Marketing

?

Get prepared for the next ibGenius Quiz and resources! -

Try the next presentation and quizzes in ibgenius.com

For more info: https://ibgenius.com/paper-1radeki-de-dovnic-manufacturing/