Knowledge management assignment (2000 words)

Description

1. Explain the Business Model of a traditional, high-street clothing retailer - Shein

2. Analyze how Shein applies the Knowledge Management Cycle to adapt the traditional business model to an online environment.

3. Evaluate the benefits Shein gets from these changes compared to the traditional model.

4. Consider what traditional high street retailers know about customers, employees, organizational structures and culture etc. from operating their physical stores that Shein doesnt

5. Taking this into consideration, recommend the steps they would need to take to acquire the necessary knowledge to set up a physical store network in different countries and the first steps they should take to implement it by setting up a flagship store in a European capital.