Monday, April 29, 2019
The Alibaba Group Holding Limited and the Aspect of Disruption Essay
The Alibaba Group Holding Limited and the Aspect of intermission - Essay ExampleNotable is that innovation within human societies is as old as level itself. However, it is only from the 19th Century onwards that the greatest level of human advancement vis--vis the period has taken has exceedingly amplified. This has, in turn, influenced the manner in which enterprises conduct their business, especially in the face of increased world-wide competition.As a Chinese e-commerce firm-entity, the Alibaba Group Holding Limited provides platforms on which online sales services commode be safely conducted, via available web portals. Most importantly is the crucial element of continuous technological advancement (Schepp & Schepp, 2010). This has availed a platform on which business can be effectively and efficiently conducted online, with some form of security assurance. With enhanced cybersecurity measures, and a growth in consumer confidence in e-commerce has availed a big-shouldered and lucrative market arena that remains significantly untapped (Nonaka & Zhu, 2012).As an entity concerned primarily with the cookery of sales services, i.e. business-to-business, consumer-to-business or consumer-to-consumer basis, the Alibaba Group is also a provider of other services. These include data-centric cloud reason services, a very successful shopping search engine and electronic payment services. It is important to nock that the entity is sector-specific, with its business strategy focusing on technology-supported and enhanced service provision.Taobao, Alibabas consumer-to-consumer internet portal is equal to Americas eBay.com. Due to the large-scale nature of the Chinese market arena, the entity features almost a billion products and brands, targeting the multi-billion consumer market. Globally, the website is amongst the 20 most-visited, accounting for over 60% of all parcels delivered in the PRC (Gifford, 2013). This in itself attests to the rapid ingestion it h asexperienced in this market, further influencing future strategies of market venturing and expansion.
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