Data Gathering, Problem Definition, and Problem Analysis

Student’s Name Professor’s Name Course Date
Paper 1: Initial Meeting, Problem Definition, & Problem Analysis • Gather preliminary data o With what organization are you working?We are working with the Fashion Nova, a fast fashion retail firm based in Los Angeles, California. o With whom did you meet?We contacted the entity’s sales manager via email and arranged a face-to-face interview, where we discussed about the various challenges that the business faced. o What did you learn?We learnt that the business operates five brick-and-mortar locations. All of these stores have been registering an almost similar number of sales and hence close profits. However, recently, the firm has registered a worrying trend, where only two of its five outlets have maintained their profitability. • <...