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The Success Of Alibaba Company Essay - 1140 Words

Alibaba provides Chinese customers the option of being able to find whatever they need because they are linked to everyone that is in the market. Whether you are a large business or a small independent business, Alibaba gives you a chance to flourish. The Chinese market, which is very receptive to online shopping and these revolving around the internet makes the market easily penetrable for a company like Alibaba. Alibaba also benefits from not having any of their distribution centers near so they can keep their prices competitively low. Lastly, it’s also important to note that there are limits in the Chinese market, when it pertains to investment and financial services. 1. Given that Alibaba does not own or distribute any of the merchandise exchanged on its sites, describe what factors had to develop for the company to succeed. One of the main factors that was essential to the success of Alibaba was the commitment to distributing quality products. When building a company from the bottom you can only get it going by establishing brand loyalty and getting people talking about your products to new customers. If you push out poor quality products, it can have a negative effect on the reputation of Alibaba. Another thing to be cognizant of is the security of money and making sure that they comply with all regulations. Lastly, Alibaba has to separate themselves as a leader in the market. No more than ever, many companies are operating through the idea of online shopping. ThereShow MoreRelatedAlibaba: Competing in China and Beyond1395 Words   |  6 PagesAlibaba: Competing in China and Beyond Individual Report Intercultural Management Professor: Dr. Jacobo Ramirez Aalto University School of Economics Bachelor ´s Degree Program in International Business Mikkeli Campus September 3, 2012 Matti Uusivirta Introduction In this report I will examine the case â€Å"Alibaba: Competing in China and Beyond.† Alibaba under the leadership of Jack Ma, its founder has transformed into one of the most successful e-commerce companies in China. In the 2000s AlibabaRead MoreJack Ma1065 Words   |  5 Pages213 Vihang Jain 10.27.2014 Jack Ma’s Key to Success It’s a common saying â€Å"Where there is a will, there is a way† and a perfect example for this is the CEO of Alibaba, Jack Ma, who took the business world by storm with the largest IPO, exceeding the amount of 20 Billion dollars (CNBC, 2014). Despite being born in an underprivileged family, Jack Ma’s strong will to achieve his goals lead him to become one of the richest man in the world. Jack Ma’s success story is an inspiration to young adults, asRead MoreSwot Analysis Of Alibao As A Commercial Venture1199 Words   |  5 PagesCompany Establishment Alibaba.com In early 1999, Jack Ma and 17 other founders set up Alibaba. Alibaba first commercial venture is Alibaba.com, an online platform that linked SME of Chinese and international manufacturers and buyers. The main reason of Alibaba success development was improving customers’ satisfaction by listening closely to them. The proof is Alibaba had attracted 32m members in 2007, with operating profits and revenues of $105.3m and of $289.5m respectively. Customers satisfactionRead MoreAlibaba Case Study737 Words   |  3 PagesAlibaba: The World’s Largest E-tailer Is Not Amazon 1. As a digital retailer, how does Alibaba provide value to Chinese consumers? What sets of values are unique to the Chinese market? The way Alibaba provide value to the customer is and makes unique are first, the Alibaba group is an internet company and it creates an easy platform for people to purchase or sells everything in the world. Alibaba, it is the differences then other online company such as, Amazons, eBay, Google, Walmart, Costco, andRead MoreBusiness Analysis : Alibaba s Marketing Strategy1195 Words   |  5 Pagesset up Alibaba. Alibaba first commercial venture is Alibaba.com, an online platform that linked SME of Chinese and international manufacturers and buyers. The main reason of Alibaba success development was improving customers’ satisfaction by listening closely to them. The prove is Alibaba had attracted 32m members in 2007, with operating profits and revenues of $105.3m and of $289.5m respectively. Customers satisfaction and trust are believed to be the secret recipe of Alibaba’s success. TaobaoRead MoreThe E Commerce Companys Strategy1724 Words   |  7 Pagesbetter services to its customers. The company put an innovative business model in which customers would try out the company’s services without any cost. As time progressed, the company was able to generate revenue from alternative means. In addition, the company began to generate revenue from an increase in the willingness of its users to pay for additional services. First mover advantage is referred to as a competitive advantage because it allows the first company to acquire superior brand recognitionRead MoreJack Ma (Ma, Yun), â€Å"Alibaba† of China’s E-Commerce Business835 Words   |  4 PagesJack Ma (Ma, Yun), â€Å"Alibaba† of China’s e-commerce business As a young Charismatic leader, how will Jack Ma overcome challenges of running a big business and get success when going forward? Alibaba Group, even only with 12years history, is one of the biggest e-commerce platforms for small businesses in the world. Its business includes: Alibaba.com, which is for small firms to find customers and suppliers without going through middlemen, has 57million users, nearly in every country. AnotherRead MoreChina E Commerce Market Analysis1564 Words   |  7 PagesAlibaba Case 1. Critically analyze the factors that led to Alibaba sustaining its leadership position in the Chinese e-commerce market. There are many factors that lead Alibaba to sustaining its leadership position in the Chinese e-commerce markets, some of the factors explained in the case are: †¢ First mover advantage was created when Alibaba enter the e-commerce market with the business to business transactions for small and medium business. This give the advantage for the firm to gain greaterRead MoreAlibaba: Competing in China and Beyond1395 Words   |  6 PagesAlibaba: Competing in China and Beyond Individual Report Intercultural Management Professor: Dr. Jacobo Ramirez Aalto University School of Economics Bachelor ´s Degree Program in International Business Mikkeli Campus September 3, 2012 Matti Uusivirta Introduction In this report I will examine the case â€Å"Alibaba: Competing in China and Beyond.† Alibaba under the leadership of Jack Ma, its founder has transformed into one of the most successful e-commerce companies in China. InRead MoreThe Discovery Of The Internet1696 Words   |  7 Pagesthousands of stores. In the proper business term, this form of business called e-commerce. Today, there are countless emerging successful ecommerce companies all around the world, but one that I closely explored and researched on is the Alibaba, which is the largest ecommerce company in China, and arguably one of the emerging company in the world. The Alibaba company found by one single person and his name is Jack Ma. He was born in rural side of southeast China to lower class family, and attended to a local

The Benefits Of College Internship - 979 Words

Testing out a job before spending thousands of dollars on an education in a field that was not what was expected would be nice. That opportunity does exist: it is an internship. Internships are positions taken by students in order to meet a school requirement or to gain experience. Internships usually have participants that are students in college or graduate school. While there are a multitude of beneficial reasons to participate in an internship, they have proven to have some disadvantages. Students have conflicting views about whether or not a college internship should be a requirement for graduation. Regardless, students should take the opportunity of discovering all the benefits associated with internships. Internships, at least†¦show more content†¦2). Interns are not designed to run other people’s errands but instead to discover one’s passion (Downey par. 19). Most colleges require students to declare majors by the beginning of their junior year, so stu dents should complete an internship before then. Knowing whether or not a job is fitting will permit those to change their majors prior to spending a lot of time and money on an education they will not use. Many will say education will never fail someone. Learning new concepts and ideas can only build minds. People never stop learning throughout life. While internships are advantageous, the main purpose should not be to determine if a career field is admirable but to gain overall work experience. It is known that college graduates receive more job opportunities than those with just a high school diploma (Luhby 3). While gaining knowledge is never futile, no one wants to spend money on something that is unusable, so why invest thousands of dollars on a degree that will only result in a job the person isn’t suited for. To rebut that education will never fail an individual is absurd, but taking an internship to gain understanding can aid in discovering what interests an individu al possesses and could potentially prevent the excess spending of money. Completing an internship will allow students post-graduation from going into the work force oblivious of howShow MoreRelatedThe Benefits Of College Internship709 Words   |  3 PagesThat opportunity does exist: it is an internship. Internships are positions taken by students in order to meet a school requirement or to gain experience in a field of interest. Internships usually have participants that are students in college or graduate school. While there is a multitude of beneficial reasons to participate in an internship, they have proven to have some disadvantages. Students have conflicting views about whether or not a college internship should be a requirement for graduationRead MoreEssay on Unpaid Internships: Pricy or Priceless?1618 Words   |  7 PagesEvery college student is concerned about his or her academic future, especially nowadays in times of the economic crisis. College students are desperat e for experience that might distinguish them later from other job applicants and improve their chances of getting their desired jobs. Internships provide valuable experience necessary for jobs and are an important part of the academic career. However, when it comes to internships, the issue of unpaid internships may be raised with opinions differingRead MoreInternships Do More Harm Than Good965 Words   |  4 PagesInternships do more harm than good What is an internship? An internship is a work-related learning experience for individuals who wish to develop hands on work experience in a certain occupational field. Most internships are temporary assignments that last approximately three months or up to a year. After reading the essayâ€Å" Take This Internship and Shove it â€Å" by Kamenetz Anya who graduated from Yale University, I agree with her that internships do more harm than good because of the opportunity costRead MoreThe Importance of Internships to College Students1533 Words   |  7 PagesSchool of Engineering obtained one or more internships during their undergraduate studies. Of those who responded, eighty-two percent were employed full-time after graduation earning a median salary of $62,500 (Santa Clara University). This research exhibits that internships can be an important strategy in the efforts toward job search for both students, as well as for employers looking to hire valuable employees. As defined by I nternNE.com, an internship is any carefully monitored service or workRead MoreUnpaid Internships and the Law Essay1348 Words   |  6 PagesIntroduction Internships play an important role in the career development and recruitment process of young professionals and soon-to-be college graduates. Internships come in two forms: paid and unpaid. Paid internships are most commonly procured in the private sector or in organizations that have financial stability to pay students to gain experience and learn while they work. Unpaid internships are becoming increasingly common in the current workplace where some businesses are cutting costs andRead MoreFederal And New York Minimum Wage Laws1586 Words   |  7 Pagesrely heavily on unpaid internships. The judge had decided that Fox Searchlight should have paid two interns on the movie â€Å"Black Swan,† because they were essentially regular employees. The interns were made to do basic chores usually done by paid employees. The interns were made to take lunch orders, answer phones, track purchase orders, and take out the trash. The judge noted that these internships did not provide an ed ucational value and that the studio received the benefits of the work (Greenhouse)Read MoreTake This Internship and Shove It by Anya Kamenetz867 Words   |  4 Pages â€Å"Take This Internship and Shove It† by Anya Kamenetz is about the declining state of jobs for new college graduates or current college students. Anya Kamenetz is attempting to prove that internships, particularly unpaid internships, are part of the problem of new graduates finding employment in their field of study. Kamenetz is also trying to prove internships are harmful to the job market in general. Kamenetz describes internships as â€Å"fake jobs† and states internships cause low wages and declineRead MoreImportance Of Internships On The Life Of A Law Student1070 Words   |  5 PagesImportance of internships in the life of a law student William Shakespeare: Ignorance is the curse of God; knowledge is the wing wherewith we fly to heaven. As rightly pointed out by the legend of literature that with the power of knowledge one can have access to the doors of heaven. It is not only he who recognised the importance and value of knowledge in the world, but several brilliant minds have also focused on its vitality and proficiency that it possess within itself. In my point of viewRead MoreInternship Is A Opportunity For College Students1333 Words   |  6 PagesAn internship is one of the the most valuable off campus activity that one can experience before their graduation. The primary goal of an internship is to add educational experience to students. Internships help encourage a link between theory and real practice. An internship gives a learning possibility for college students to use ideas, information and skills gained from real situational tasks, to judge the acceptability of a future career, and to fight for their future employment and to developRead MoreUnpaid Internship, An Opportunity Or A Tragedy?894 Words   |  4 PagesNader IS 301L, GWAR Portfolio Writing #2 November 6, 2014 Unpaid Internship, an Opportunity or a Tragedy? Since the great economic recession in 2008, the United State’s job market has become a fierce competition in which newly graduates have to contend not only with their peers but also the existing experienced workers. The changing economic condition makes â€Å"experience† the only valuable key to enter today’s workforce. As the college students’ desire to seek work experience during their school

The tradegy of fifth business Essay Example For Students

The tradegy of fifth business Essay THE TRAGEDY OF FIFTH BUSINESSThe best novels that are written are usually ones that are tragic with and an unhappy ending or an ending that we can not comprehend.The novel,Fifth Businesswritten by Robertson Davies is a tragic story about a boys journey to manhood and on the journey we see the downfalls of all the people of Dunstan Ramsays life and what they amount to or how their lives were robbed or shortened.If a story did not have a tragic ending then it would not touch our heart and make us Throughout the novel a series of negative events occured in a youngsters life and each and everyone changed young Dunstans life.The start of the tragedies was the premature birth of Paul Dempster because Dunstans best friend Percy threw a snowball at him,which Dunstan dodged and it hit the pregnant Mary Dempster causing her to go into labour and to her insanity.This incident made Dunstan forever obligated to Mary and to feel guilty for his entire life.Mary became more crazy and did such things as sleep with a homeless man because he simply wanted to have sex with her,this led to the children constantly teasing Paul that his mother was a whore and Paul running away to join the circus.The entire Dempster situation had a great impact on Dunstan,for he felt responsible for Paul running away and for Mary becoming almost completely insane and this is alot for a young teenager to dealwith.Marys husband then died which she became totally insane and incapable of taking care of herself.The whole Dempster family had a tragic life. The entire Ramsay family wasnt much better off because Dunstans older brother got severely ill and recovered and went off to the war and never returned. Dunstan then went off to war and lost a leg and got badly wounded and returned to hishome town only to learn that both his parents with half of the town died from the fluand Dunstan was the only remaining Ramsay. As far a love and good relationships go, this story came up short.Dunstans bestfriend married his childhood sweetheart and Percy constsntly tried to train and groom her to be his ideal wife,which she was incapable of fullfilling,so Percy eventually after having two children with her lost interest and started having affairs. Leola found out and tried to kill herself after trying to sleep with Dunstan.Leola eventually died of illness.Another example of brokenheart was Dunstan and a nurse that treated him when wounded.Diana loved him and Dunstan just could not picture spending the rest of his life with her so he left her after months of caring and sharingand fun.Dunstan eventually found Paul who had become an incredible magician that was making a decent living and told him of his mothers condition and how her guardian had died and left money for himself to take care of Mary,but the lawyer hadlost the money and committed suicide and he was left with Mary and no money,so he had no other option than to put her in a cheap ,rundown hospital.Dunstan also told Paul how much she missed him and that it was because of Paul leaving why she was insane.Paul did not care less and denied his own mother and any realationship there was and for a son to disown his mother is the highest degree of tragedy. Mary eventually died and Dunstan was fairly relieved and did something odd.He cried when she died and he had not cried for decades,not even when his brother,father, or even his mother died.Paul eventually met up with Percy at Dunstans home and they argued over the whole snowball incident and after beingfilled with grief and guilt Percy committed suicide which caused Dunstan to have a Throughout the entire intrigueing novel alot accomplishments were done and there were a few happy scenes or results but the story was basically one tragedy after another.Every major character from the begining died except Paul and Dunstanand there was no successful marriage or lasting relationship except for the late Mr and Mrs Ramsay.Readers always like happy and gleeful novels,but always respect and remember tragic novels.The theme of tragedy is what made ,The Fifth Business such