Assessment 2 - Essay (Individual Assignment) Weight:30% Due date:5 pm, 9 October Submission type:Essay Estimated student workload:20 hours Task Overview:The assessment requires students to conduct...

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Assessment 2 - Essay (Individual Assignment)


Weight:30%


Due date:5 pm, 9 October


Submission type:Essay


Estimated student workload:20 hours


Task Overview:The assessment requires students to conduct original research on a prescribed assignment question, which involves the collection and critical analysis of information from a range of sources, including academic journals, business magazines, newspapers and other media outlets. Students should search the information (e.g. research articles, newspapers and other media outlets) relevant to the case and analyse the case question through reference to relevant concepts and frameworks introduced in the unit. The essay should be up to 2000 words.


Preparation/Instructions:


Case background:Founded in 1999, Alibaba Group has quickly emerged as the largest Chinese e-commerce company. The company primary operates in China and provides C2C (consumer-to-consumer), B2C (business-to-consumer) and B2B (business-to-business) sales services via web portals. Since its’ IPO (initial public offering) on NYSE (New York Stock Exchange) in September 2014, the company has been expanding into the global e-commerce market aggressively. Alibaba Group’s mission is to make it easy to do business anywhere. As the founder and former chairman of Alibaba Jack Ma said: “Today the Internet can help small businesses sell things cross the oceans, cross the nations. And I hope that we can serve 2 billion consumers, we can help 10 million small businesses outside China.”


Case question:How Alibaba Group has made it easy to do business in China and hence achieved a great success? Can the company replicate its China strategies elsewhere as it expands into other countries and achieve sustainable competitive advantage in the global e-commerce market?


Search information (e.g. academic journals, books, business magazines, newspapers and other media outlets) relevant to the case and answer the case question through the application of relevant theoretical concepts and frameworks introduced in the lecture program.


Submission guidelines:





    • Submit anelectronic copyto Turnitin on iLearn before the deadline

    • Format: essay; no need for executive summary; avoid too many headings

    • Reference style: Harvard style preferred, but we do not insist on a particular reference style provided you are consistent

    • Double space all body text; bibliography single space accepted

    • Tables, figures and any appendices should be neat and properly labelled and referred to in the body of the paper.

    • Make a duplicate copy of the assignment

    • Number each pageand use a font ofat least 11 pt.

    • Your assignment should not exceed theword limit (2,000 words, excluding bibliography)

    • Add anAssignment Cover Sheet(you can produce your own) toindicate: (1) the unit name and code (MGMT3001 Global Business Strategy), (2) the title of the assignment, (3) your student number, (4) your name (5) date/time submitted, (6) your tutorial class, and (7) name of your tutor




Marking criteria:



85+ (HD)An outstanding piece of work, showing total mastery of the subject-matter, with a highly developed ability to analyse the case question by synthesising and applying relevant theories and concepts introduced in the unit. All objectives of the set assignment are covered, and work is free of errors with a very high level of technical competence. There is evidence of a high level of critical reflection. The assignment demonstrates originality of thought, with ideas and arguments expressed with strong logic and fluency.


75-84.5 (D)An excellent piece of work, showing a high degree of mastery of the subject-matter, with a well-developed ability to analyse the case through synthesising and applying knowledge and concepts introduced in the unit. All major objectives of the set assignment are covered, and work is free of all but very minor errors, with a high level of technical competence. There is evidence of critical reflection. Ideas are expressed clearly.


65-74.5 (CR)A good piece of work, showing a sound grasp of the subject-matter, though possibly lacking in the breadth and depth required for a first-class mark. A good attempt at analyse the case through the application of theories and concepts introduced in the course, but such attempt may be more limited in scope than that required for a mark of 75+. Most objectives of the assignment set are covered. Work is generally technically competent, but there may be a few gaps leading to some errors. There is some evidence of critical reflection. Ideas are expressed with clarity, with some minor exceptions.


50-64.5 (P)A fair piece of work, showing some basic grasp of major elements of the subject-matter but possibly with some gaps or areas of confusion. Only the basic requirements of the work set are covered. The attempts at analysing the case and applying theories and concepts are superficial and limited, with a heavy reliance on descriptive information rather than critical analysis. Work may contain some errors, and technical competence is at a routine level only. Expression of ideas and arguments may appear confusing and random.


30-49.5 (F)A poor piece of work, showing some familiarity with the subject matter, but with major gaps and serious misconceptions. Only some of the basic requirements of the assignment set are achieved. Little or no attempt at analysing the case through the application of knowledge taught in the subject. A low level of technical competence with many errors. Inability to put forward arguments or logical reasoning. Ideas are poorly expressed and structured. The author would apparently find it difficult to study the topic at a higher level.


0-29.5 (F)A very bad piece of work, showing that the author has failed to engage seriously with any of the subject-matter involved, and/or demonstrates total confusion over the requirements of the work set. There are serious gaps in knowledge of the subject-matter. Few or none of the basic requirements of the assignment set are achieved, and there is an inability to apply theories and concepts introduced in the subject to address the case question. Technical competence is poor, with many serious errors. The level of expression and structure is very inadequate. The author would apparently not be capable of studying the topic at a higher level. It is very unlikely that work of a passing standard would be produced even if the author were given the opportunity to repeat the work.



Additional requirements:


Make sure you add an assignment cover sheet (you can produce your own) and make sure your cover sheet covers: (1) the unit name and code (MGMT3001 Global Business Strategy), (2) the title of the assignment, (3) your name, (4) your student number, (5) date/time submitted, (5) your tutorial class, and (6) your tutor’s name.



Late Assessment Policy:


Late assessmentsubmissions must be submitted through the appropriate submission link iniLearn. No extensions will begranted unless an application forSpecial Considerationis made and approved. There will be adeduction of 10%of the total available marks made from the total awarded mark for each24 hour periodor part thereof that the submission is late.Late submissions will not be accepted after solutions have been discussed and/or made available.



Note: applications forSpecial Consideration Policymust be made within 5 (five) business days of the due date and time.


Last modified: Friday, 25 September 2020, 12:00 PM

Answered Same DayOct 09, 2021MGMT3001Macquarie University

Answer To: Assessment 2 - Essay (Individual Assignment) Weight:30% Due date:5 pm, 9 October Submission...

Jose answered on Oct 10 2021
141 Votes
The University of Queensland
1
Management
Management
Alibaba Group
Individual
Lecturer:
Student Submitting:
Due Date: 05/10/2020
Introduction
Companies are following different strategies and methods to attain a competitive advantage. We know the fact that due to the impact of globalization and other recent trends most of the international companies are facing different problems. While analysing the case of Chinese gian
t Alibaba we can understand that the company remains a dominant platform or business group in China. The company used different strategies and methods to became competitive and the leadership style of the company also helped for retaining the position. In this paper, we are analysing the reason for Alibaba’s success in China in a detailed way.
Body
Alibaba is a Chinese based Multi-national company and the company mainly provides e-commerce, retail and technology services. The company specialized in business to business and business to consumer segment. The company started its operation in the year 1999, and the headquarters of the company is situated in Hangzhou, China. Jack Ma is the founder and Daniel Zhang is the chairman and CEO of the company. More than 117,300 employees are working in the company and most of the employees are highly satisfied with the working conditions and facilities offered by the company (Pan et al 2018,p.993). Total revenue of the company is about CN¥509.711 billion and operating income of the company is about CN¥91.430 billion. The company gives more importance to leadership and innovative practices. Now we can analyse the reasons for the success of the company in China.
One of the factors that helped the company to become top in China, is because of the Unique Business Model. The business model followed by the company is entirely different from others and it provided lots of benefits to the company. When the company started its operations in the year of 1999, most of the criticized that the business model used by the company does not help for attaining the growth. The company mainly provides services to the small enterprises and individuals and it helped the small groups to provide a wide variety of products to the customers (Lee et al 2018,p.848). The company offers a wide variety of products and it helped for attracting the local vendors and other business groups. The company also made changes to product designs and style based on customer needs and preferences. According to the words of David (2019) revenue and pricing strategy implemented by the company also helped to become a dominant organization in China. For attracting the clients, the company provided free membership and when the company understands that they received a large number of clients they slowly started charging for the services and it helped the company for gaining more profit. While analysing the revenue streams of the company we can understand that the company is generating more revenue from the ads and customers by the way of value-added services. The company provides opportunities to the companies to provide ads in the e-commerce platform and it helped the organization to earn more revenue. While analysing the pricing strategy of the company we can able to understand that they used competitive pricing strategy and it helped the company for managing the competition and for reducing the cost of services provided to the customers.
Payment instrument developed by a company called Alipay can be also considered as a major important factor that helped the company to become successful in China. The company introduced Alipay for ensuring the security in the transaction and it also helped the confidence level of the buyers and sellers (Bai et al 2017,2884). Implementation of Alipay also helped for reducing the risk related with the e-transactions. E-payment system followed by the company is using universal standards and codes. Within 10 years, Alipay emerged as the leader in the online payment system and it helped the organization for boosting sales and revenue. As per the reports of Business Insider (2019) the organization used IT as an effective tool for improving the business standards and performance. The company provide real-time support system such as Alibaba’s trade manager tool and it helped the company for getting more customers (Chen et al 2019,p.2). The company also used experts for improving the quality of the IT services provided to the customers. We know the fact that most of the companies considered IT as...
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