Homework
Private Organization:-
UNIKLO is a one type of private organization. I briefly define about this organization below,
UNIQLO is a Tokyo based fashion and clothing company. It is a fast growing company, one of the five biggest specialty fashion retailers in the world. The company makes T-shirts, jeans, and casual wear for both women and men. It is owned by Fast Retailing, a Hiroshima based company. UNIQLO has shops in 11 countries. The main shop is Japan. There are many shops around the world, USA, China, France, Hong Kong, Japan, Korea, Malaysia, Russia, Singapore, Taiwan, Thailand, and the UK
In 1997, Fast Retailing adopted a set of strategies from American retailer The Gap, known as "SPA" (for specialty-store/retailer of private-label apparel), meaning that they would produce their own clothing and sell it exclusively. Uniqlo had begun outsourcing their clothing manufacturing to factories in China where labor was cheap, a well-established corporate practice. Japan was in the depths of a recession at the time, and the low-cost, high-quality goods proved popular. Their advertising campaigns also proved fruitful.
UNIQLO Basic Principle
The Fast Retailing Group has established a framework to fulfill its corporate social responsibilities. It emphasizes and raises awareness of compliance-related issues across the entire FR Group.
Corporate Statement
Changing clothes, changing conventional wisdom, change the world.
Corporate Vision
To be the Number One clothing retailer in the world.
Corporate Mission
· To create truly great clothing with new and unique value, and to enable people all over the world to experience the joy, happiness and satisfaction of wearing such great clothes.
· To enrich people’s lives through our unique corporate activities, and to seek to grow and develop our company in unity with society.
1.2
Stakeholders’ Characteristic
The Board of Directors makes decisions pertaining to management and supervises the activities of the CEO
UNIKLO is a one type of private organization. I briefly define about this organization below,
UNIQLO is a Tokyo based fashion and clothing company. It is a fast growing company, one of the five biggest specialty fashion retailers in the world. The company makes T-shirts, jeans, and casual wear for both women and men. It is owned by Fast Retailing, a Hiroshima based company. UNIQLO has shops in 11 countries. The main shop is Japan. There are many shops around the world, USA, China, France, Hong Kong, Japan, Korea, Malaysia, Russia, Singapore, Taiwan, Thailand, and the UK
In 1997, Fast Retailing adopted a set of strategies from American retailer The Gap, known as "SPA" (for specialty-store/retailer of private-label apparel), meaning that they would produce their own clothing and sell it exclusively. Uniqlo had begun outsourcing their clothing manufacturing to factories in China where labor was cheap, a well-established corporate practice. Japan was in the depths of a recession at the time, and the low-cost, high-quality goods proved popular. Their advertising campaigns also proved fruitful.
UNIQLO Basic Principle
The Fast Retailing Group has established a framework to fulfill its corporate social responsibilities. It emphasizes and raises awareness of compliance-related issues across the entire FR Group.
Corporate Statement
Changing clothes, changing conventional wisdom, change the world.
Corporate Vision
To be the Number One clothing retailer in the world.
Corporate Mission
· To create truly great clothing with new and unique value, and to enable people all over the world to experience the joy, happiness and satisfaction of wearing such great clothes.
· To enrich people’s lives through our unique corporate activities, and to seek to grow and develop our company in unity with society.
1.2
Stakeholders’ Characteristic
The Board of Directors makes decisions pertaining to management and supervises the activities of the CEO
References: 1. Department of health. (2009). comparison of public and private organization. Available: http://www.millerrosenfalck.co.uk/2009/11/comparison-of-public-and-private-companies/. Last accessed 2oth. 2. Uniqlo. (2013). comparison. Available: http://www.differencebetween.net/business/difference-between-public-and-private-sectors/. Last accessed 20th March. 3. DH. (2011). Stakeholder. Available: http://www.healthknowledge.org.uk/public-health-textbook/organisation-management/5b-understanding-ofs/managing-internal-external-stakeholders. Last accessed 20th March. 4. From my husband because he is an assistant manager of UNIKLO, he gave a lot of information about private organization which is above and DH information is from Departmental of Health website and some from Journal of Public Administration Recherché and Theory;2000;10;2,ABI/INFORM Global. LO2 2.1