Case write-off Alibaba Group Introduction: Jack Ma‚ who has a foreseen‚ started the Alibaba Company after his visit to U.S. He found that China jump into the online commerce market really soon. The company was focused on B2B business and its initial goal is to help small Chinese manufacturers connect with buyers. Alibaba grew quickly and still growing. It launched several wholly owned subsidiaries‚ such as Taobao‚ Alipay‚ Alisoft. Alibaba group is considered to be a huge success among
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SQA HND Discussion 2-Case study 1. Explain the interrelationship between formal & informal organization. This question requires the discussion interrelationship between formal organization and informal organization. First we want to know about what the formal organization is and what the informal organization is. Formal organization is a fixed set of rules of intra-organization procedures and structures. As such‚ it is usually set out in writing; with a language of rules that ostensibly leave little
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Amazon.com—Not Your Average Bookstore Jeffrey Bezos‚ CEO and founder of Amazon.com‚ is running what some people refer to as the “world’s biggest bookstore.” The story of Bezos’s virtual bookstore teaches many lessons about online business. Out of nowhere‚ this digital bookstore turned an industry upside down. What happened here was more than just creating a Web site. Bezos conceived and implemented an intelligent‚ global digital business. Its business is its technology; its technology is its business
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what happens when a new product meets with rapid consumer acceptance? The only thing I can see that might happen is that companies will not be able to produce enough products to keep up with market demand. Someone used the example of the PS3 and ebay. There were several people selling the PS3 for upward of $800 on
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Matthew Juan 9/26/10 The Life of EBay In the essay “All My Life for Sale”‚ John Freyer explained how he sold all of his possessions in his apartment to move out for college. Those items had some sort of sentimental value to people who purchased them and gained a vague relationship with them. One way he expressed himself‚ is when he sold his first wave of objects on eBay. He asked the highest bidders if they could update him on how his things were doing. He wondered
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At the end of 2012‚ china had 538 online population became the largest online group in the world. since the Chinese e-market is profitable‚ US company ebay invest 30 million dollar in china‚ and failed to again the local competitor‚ taobao. Tao bao was created in 2003 by alibaba group. Soon after‚ taobao became the global leader of e-commerce. As china had a different culture back ground‚ ebay’s “going first going fast” strategy failed to adapt in china. Here are some taobao particularities that
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Electronic Payment Systems Name and describe various categories of e-commerce. 1. Business-to-Consumer (B2C) is when a company sells its merchandise directly to the customer via the Internet like eBay. 2. Business-to-Business (B2B) is when two businesses transact between each other online like Internet consultants and website development. 3. Consumer-to-Consumer (C2C) also referred to as peer-to-peer is when two consumers transact business between each other which may or may not involve a
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recommendations for Google are 1. to stay focused in search area‚ improving its search techniques as well as developing value-adding products and services 2. to venture into ecommerce area‚ using its search engine as an advantage over competitors such as eBay Table of Contents Executive Summary 1 I. Introduction 3 II. Situational Analysis 3 1. Porter’s Five Forces Model 3 2. Internal Analysis 4 i. Strengths 4 ii. Weaknesses 4 III. Analysis of Options 5 1. Staying focused in Search area 5 2. Becoming
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INSTITUTE OF FINANCE MANAGEMENT DEPARTMENT OF COMPUTING INFORMATION AND MATHEMATICS History of E-Commerce 1 Meaning At first‚ the term ecommerce meant the process of execution of commercial transactions electronically with the help of the leading technologies such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) which gave an opportunity for users to exchange business information and do electronic transactions. The ability to use these technologies appeared in the
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1. Describe the environment in which Skype competes based on the three characteristics of high-tech markets (Chapter 1). Like most Hi-Tech products‚ Skype also has to deal with the three major uncertainties in the form of Market Uncertainty‚ Technological Uncertainty and Competitive Volatility. Market Uncertainty-(1) While Skype has a huge user base by now‚ there are still many people who are uncomfortable about using Skype due to security and quality concerns. (2)Due to proliferation of
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