Question: Cuse Study - MINISO Inspired by the 100 Yen shops in Japan and similar retail concepts in Europe and the U.S., Chinese entreprencur Ye Guofu

Cuse Study - MINISO Inspired by the 100 Yen shops

Cuse Study - MINISO Inspired by the 100 Yen shops in Japan and similar retail concepts in Europe and the U.S., Chinese entreprencur Ye Guofu and Japanese designer Miyake Junya founded the low-cost variety store chain MINISO in 2013. As of June 30, 2022, MINISO served consumers primarily through a network of about 5,200 MINISO stores, including over 3,200 MINISO stores in China and approximately 2,000 MINISO stores overseas. The low-cost, low-price business model is well developed; low prices for products in limited amounts leads to high store traffic and fast inventory turnover, in MINISO. Products are designed in-house and an efficient supply chain is established based on bulk purchasing, helps the retailer keep costs low and allow the retailer to price products between $2 to $5. MINISO pays close attention to store design. Their stores reflect the high-quality design of their products simple and modern - creating a pleasant shopping experience. At MINISO invests in the training and development of their employees, and encourage promotions from within the organisation. They offer the following benefits to the employees: i. A competitive remuneration package; ii. Ongoing training and development assistance to widen potential career opportunities; iii. The opportunity to work alongside an exceptional and supportive team in a dynamic environment Majorly MINISO have two categories of employees. Head Office Profersionals = Support the stores in various situations so that the stores can work effectively: Operations, Merchandising, Human Resources, Logistics, Information Technology, Accounting, PR \& Marketing and Store Professionals - Store leaders and retail assistants who have the availability to work either full or part-time, shows enthusiasm for work with an outgoing character; bold a flexible attitude towards tasks and rosters and have a strong sense of responsibility. Answer the following questions below; B1. With reference to scenario 1, elaborate the types of Organizational commitment (15 Marks) which can turned to increase the productivity of 'Miniso'. B2. A positive attitude is contagious and can be helpful to maintain workplace morale. (15 Marks) Discuss any 5 ways to foster a positive attitude at the work environment of "Miniso'. B3. Edith Eva Eger says "To be passive is to let others decide for you. To be (15 Marks) aggressive is to decide for others. To be assertive is to decide for yourself, and to trust that there is enough, that you are enough." Describe 5 ways how a 'Miniso Employee' can be Assertive in the workplace. B4. When someone communicates aggressively or does not challenge others when (15 Marks) they make mistakes, it creates communication barriers. Discuss bow communication styles can affect in different jobs in 'Miniso' and how employees of 'Miniso' can use accurate communication techniques to clearly express one's thoughts and influences cultivating habits of conflict resolution by showing respect Cuse Study - MINISO Inspired by the 100 Yen shops in Japan and similar retail concepts in Europe and the U.S., Chinese entreprencur Ye Guofu and Japanese designer Miyake Junya founded the low-cost variety store chain MINISO in 2013. As of June 30, 2022, MINISO served consumers primarily through a network of about 5,200 MINISO stores, including over 3,200 MINISO stores in China and approximately 2,000 MINISO stores overseas. The low-cost, low-price business model is well developed; low prices for products in limited amounts leads to high store traffic and fast inventory turnover, in MINISO. Products are designed in-house and an efficient supply chain is established based on bulk purchasing, helps the retailer keep costs low and allow the retailer to price products between $2 to $5. MINISO pays close attention to store design. Their stores reflect the high-quality design of their products simple and modern - creating a pleasant shopping experience. At MINISO invests in the training and development of their employees, and encourage promotions from within the organisation. They offer the following benefits to the employees: i. A competitive remuneration package; ii. Ongoing training and development assistance to widen potential career opportunities; iii. The opportunity to work alongside an exceptional and supportive team in a dynamic environment Majorly MINISO have two categories of employees. Head Office Profersionals = Support the stores in various situations so that the stores can work effectively: Operations, Merchandising, Human Resources, Logistics, Information Technology, Accounting, PR \& Marketing and Store Professionals - Store leaders and retail assistants who have the availability to work either full or part-time, shows enthusiasm for work with an outgoing character; bold a flexible attitude towards tasks and rosters and have a strong sense of responsibility. Answer the following questions below; B1. With reference to scenario 1, elaborate the types of Organizational commitment (15 Marks) which can turned to increase the productivity of 'Miniso'. B2. A positive attitude is contagious and can be helpful to maintain workplace morale. (15 Marks) Discuss any 5 ways to foster a positive attitude at the work environment of "Miniso'. B3. Edith Eva Eger says "To be passive is to let others decide for you. To be (15 Marks) aggressive is to decide for others. To be assertive is to decide for yourself, and to trust that there is enough, that you are enough." Describe 5 ways how a 'Miniso Employee' can be Assertive in the workplace. B4. When someone communicates aggressively or does not challenge others when (15 Marks) they make mistakes, it creates communication barriers. Discuss bow communication styles can affect in different jobs in 'Miniso' and how employees of 'Miniso' can use accurate communication techniques to clearly express one's thoughts and influences cultivating habits of conflict resolution by showing respect

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