Case-Study Digitalised Repository (CDR)
Real world business scenarios for the classroom
Teaching cases offer students the opportunity to explore real world challenges in the classroom environment, allowing them to test their assumptions and decision-making skills before taking their knowledge into the workplace. Management and Leadership Case Study Centre, Universiti Utara Malaysia specialises in case content from, and about, emerging markets – regions which are traditionally underrepresented in teaching case collections, but which offer unique and important insights. Through digitalisation, we intend to ease and increase accesses for, and usages of, our teaching cases as well as to widen our user-base to not only for local academics/trainers, but also for our international counterparts.
http://cdr.uum.edu.my/jspui/handle/123456789/49| Title: | Credit Challenges of Mesra Hotel |
| Authors: | Abdul Rahman, Nora Azureen Nordin, Norhafiza |
| Issue Date: | 2017 |
| Publisher: | IMBRe |
| Abstract: | Salina Johan and her husband, Armizi Zulkifli, started to build Mesra Hotel in 2015. Being the owner and also the general manager of the hotel she was confident that the contractor would complete the work within the time frame agreed. Initially, the hotel project was expected to be completed just in one and a half years. However, now it had been going on fornearly two years. It was even worse when the work had been stopped for more than four months. At the moment, Salina had no idea when the project could be completed as the cost of completing the building had increased and the contractor demanded her to pay the progressive payment before the end of the month. Things were running smoothly before this. Satisfied with the success of their motel, Salina and her husband decided to expand their business by building a two-storey budget hotel in Alor Setar. The initial cost of building the hotel was estimated at RM950,000. She had invested all her savings and had also used cash from her other businesses, a grocery store and a 15-room motel, for the project. Unfortunately, an unforseen problem occurred. The project had been beyond schedule due to lack of capital. The contractor threatened to terminate the project if she failed to make the payment as requested. The problem was everything had become expensive, while the income from the grocery store and motel had decreased. Salina was having a serious financial problem. She was running out of cash to pay the contractor and did not know the proper procedure to apply for a bank loan. This case is designed to guide the students to identify and prepare the documents needed in applying a business loan. In brief, the purpose of this case is to analyse the credit challenges faced by Mesra Hotel and to prepare all the neccessary documents needed in the process of obtainingcapital from a bank and other financing alternatives. |
| URI: | http://cdr.uum.edu.my/jspui/handle/123456789/49 |
| Appears in Collections: | Cases in CDR |
| File | Description | Size | Format | |
|---|---|---|---|---|
| (TC117-1) CREDIT CHALLENGES OF MESRA HOTEL.pdf | 683.81 kB | Adobe PDF |  View/Open |
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