Part 2 Consider the underlying message of your prominent personality’s attributes that will help you in your long term career development. The most potential underlying message of Jack Ma having the graduate attribute of leadership is that leader lead his or her team effectively and efficiently and is able to involve themselves with the team and to carry out tasks together with the team in the process in order to achieve the common goal‚ while “boss” gives orders‚ commands and oftentimes
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ALI FARHOOMAND rP os t HKU776 ALIBABA.COM op yo China is a place where miracles are made. - Jack Ma‚ founder and chairman of Alibaba Group1 tC On 6 November 2007‚ Alibaba.com debuted on the Hong Kong Stock Exchange‚ raising US$1.5 billion to become the world’s biggest internet offering since Google’s initial public offering (“IPO”) in 2004. A frenzied purchase of the stock pushed prices up by 193% on the first trading day‚ making it the fourth-largest first-day gain in Hong Kong’s stock exchange
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Case Study | Alibaba Group “ 5 Application Delivery Networking solutions enabled us to build F globalized data centers that are secure‚ reliable‚ and fast.” Wang Zhilei‚ Operations Director‚ Alibaba B2B Overview Alibaba Builds a Secure‚ Reliable‚ and Fast Data Center Using F5 Application Delivery Networking Products Global e-commerce leader Alibaba Group is the largest e-commerce company in China. The company plans to expand its operations significantly‚ and needed to support several
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Singles Day sale‚ Jack Ma’s E-commerce company - Alibaba had already sold $2 billion worth of merchandise. At the end of the sales event‚ the final revenue reached $9 billion which exceeded the expectation and broke a sales record for one-day period. The amount even exceeds the combined online revenue of Black Friday and Cyber Monday in 2013‚ the top two online shopping events in the U.S. The creator of this business legend - Jack Ma is a former English teacher
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2014). Alibaba‚ the miracle creator‚ used only 15-year’s development to take the seat in the Wall Street and build an e-commercial empire. The NYSE’s IPO is the signal to tell global investors and competitors that Alibaba is ready to join the global market competition. For Alibaba‚ going global means new frontier‚ however‚ the new frontier could be either a barren cliff or cornucopian grassland. In this essay‚ we will mainly discuss that why Alibaba want to expand global markets‚ and how Alibaba is going
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Smiling Community with a Dream Since its humble beginnings in 1999‚ when it was launched by Jack Ma and 17 other co-founders‚ Alibaba.com has become the world’s largest online business-to-business global trading marketplace‚ with 2.5 million and 14 million registered users in its international and Chinese domestic marketplaces respectively (refer to Appendix 1 for key development milestones). In 2004‚ the Alibaba websites boasted an estimated combined transaction volume of more than US$4.5 billion. Alibaba
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1. How does Alibaba create a competitive advantage? Is this advantage sustainable? a) Alibaba hoped to pool enough stable transaction volume to negotiate bulk discounts from service providers and capture part of that discount for itself. As Ma put it‚ “If one million users are transacting daily‚ Citibank and UPS will come to me. We can offer a discount to customers in exchange for a commission. b) It also helped that Alibaba Group offered a host of services promoting online trade including:
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culture is very different than‚ than American’s in this case. The‚ consumer’s expectations and needs are different too. While eBay didn’t want or think to adapt its strategy‚ Alibaba perfectly adapted to the local culture. By looking at the Tobago website you can tell that‚ it is a Chinese platform. To compete with eBay‚ Jack Ma (Alibaba’s founder) has given a strong local identity to Taobao(website). First‚ every member of the administration team had to choose a nickname‚
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Welcome to Alibaba.com! Presented by; Ronak Vijayvergia Sanjay Kumar Sahoo Sadu chaitanya Reddy Siba Vinith Alibaba.com Introduction Traditional Sourcing Lifecycle Search/ Discovery Evaluate Negotiate Transact Average sourcing cycle: 3.3 – 4.2 months 52% of time spent searching for/identifying appropriate suppliers 20% of time spent on screening/sorting proposals 18% of time spent on RFQ development/ RFQ response 10% of time spent on contract negotiations
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PART III: COMPREHENSIVE CASES ICMR ISS Cenler for Management Research www.lcmrlndlo.oig Case 5 Alibaba in 2011: Competing in China & Beyond "Alibaba has a first-mover advantage that makes it very hard for competitors to chip away at their lead in the rnarket."i -DICK WEI‚ Analyst‚ J.P. Morgan Securities Inc.‚ 1 in 2007. "For LIS‚ the goal has been to build a company that lasts 102 years and a company that changes China. We ’re only six years old‚ so while other people may call us a success‚ we
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