1. Lock-in effect is the phenomenon whereby technologies remain dominant as a result of large sunk investment costs‚ complimentary technologies‚ and widespread usage. Since Alibaba.com is the first portal market mover in China‚ it will be difficult to create another portal market which is just as successful as Alibaba.com. The lock-in effect causes people to have preference for Alibaba.com than any other portal market because they have already established their brand. Some customers also develop
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Alibaba Group and its Impact towards Business & Society Alibaba Group is an e-commerce company founded by Jack Ma in year 1999. As an entrepreneur‚ one must be willing to take the risk in starting a business. Being an entrepreneur‚ Jack Ma has vision‚ innovation and determination. He foresaw the potential of the Internet that is going to help in business growth in China. He took a risk and began his entrepreneur journey. He started the business of Alibaba to help other small businesses
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MGMT 614 CORPORATE STRATEGY SMU MBA (PART-TIME) 2015 Table of Contents 1. EXECUTIVE SUMMARY 2 2. ALIBABA BACKGROUND AND HISTORY 3 2.1. GENERAL OVERVIEW OF ALIBABA 3 2.2 MISSION/VISION 6 3. STRATEGIC ANALYSIS 7 3.1. BUSINESS ANALYSIS 8 3.1.1 Overview 8 3.2.2 Domestic retail market 9 3.2.3 Global wholesale market (Alibaba.com) 16 3.2.4 Domestic wholesale market (1688.com) 17 3.2.5 Global retail market(AliExpress.com) 18 3.2.6 Cloud computing and Internet Infrastructure 19
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Jack Ma (Ma‚ Yun)‚ “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. Another
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Alibaba: Making inroads to become the world’s second largest e-commerce player surpassing eBay. Introduction It was in the year 1999 that 18 people under the leadership of Jack Ma‚ a teacher from Hangzhou‚ China‚ were to begin a journey known as Alibaba Group. Its headquarter lies in Hangzhou itself. Alibaba group have established‚ as of December 2013‚ 73 offices in China and 16 outside its borders. At the end of the 2014‚ it was reported to employ over 22‚000 people from across the world
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Beijing. If you want to get into anything in China‚ pay out enough bribes to officials to get the market share you need to lead. It’s very short term‚ but it may give you the advantage The internet in Asia is basically controlled by two companies‚ Alibaba‚ and Tom Online. EBay went into the venture trying to do the normal American thing of dominating and taking over. There are several ways to get into an
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Barney and Hesterly (2006)‚ describe the VRIO framework as a good tool to examine the internal environment of a firm. They state that VRIO “stands for four questions one must ask about a resource or capability to determine its competitive potential: 1. The Question of Value: Does a resource enable a firm to exploit an environmental opportunity‚ and/or neutralize an environmental threat? 2. The Question of Rarity: Is a resource currently controlled by only a small number of competing firms
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. VRIO The VRIO framework is a set of four questions of: Value‚ Rarity‚ Imitability‚ andOrganization (Barney and Hesterly‚ 2006). It is a tool to analyze company’s resourcesand capabilities to discover their potential competitive advantages or to identifycompany’s internal weaknesses (Barney and Hesterly‚ 2006). The following competenceswere chosen from Nokia: quality‚ price‚ services/functions‚ and brand image. 5.1 Quality The high quality of Nokia’s products and services enables
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of Yahoo to Alibaba changed over time since 2005? 2005 was a tough year for Alibaba. Because of the US$100 million investment in China by eBay‚ Alibaba and its subsidiary – Taobao fell into a severe price war against eBay which hindered the profitability of the group and much more capital was needed for operational and technological improvement in order to win the battle. Under this circumstance‚ Alibaba formed a partnership with Yahoo! Inc. Yahoo invested US$1 billion in Alibaba and transferred
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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.com also owns and operates Taobao.com‚ a business-toconsumer and consumer-to-consumer marketplace; Alipay‚ an online payment system in China; and Yahoo
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