The objective of this assignment is to show your understanding of the material in the course by effectively applying it to a company. Ultimately you will be graded based on how well you addressed the cost management issue, the logic and the value added of your analysis, and your ability to make an articulate and interesting discussion.

Guidelines

The write-up (maximum 3 pages) should analyze:

1. What were the strategies formulated by the company's management team for managing costs (please be specific)?
2. How were these strategies implemented? What specific steps did the company take to apply the cost management initiatives? Briefly evaluate the steps.
3. What challenges were management faced with when formulating and implementing the cost-saving initiatives and how did they address them?

Note: The company can either be selected from publicly available information or the company you are or were working for.