Monday, April 29, 2019
The Alibaba Group Business Ehincs Essay Example | Topics and Well Written Essays - 3500 words
The Alibaba Group trading Ehincs - Essay ExampleThe English-based site known as alibaba.com focuses on business-to-business kind of trading, especially for many transnational buyers who strive to contact sellers in China. The Chinese-based website known as china.com concentrates on business-to-business transactions within China, and finally, there is www.taobao.com, a consumer-to-consumer business site for Chinese clients. The Japanese-based website called Japan.alibaba.com mainly focuses on Japanese customers. At the moment, the Alibaba Group comprises the following subordinate-companies Taobao.com, an online auction bridge website for clients Alipay, an online payments site, processing majorly payments emanating from China Alisoft, a web services provider to Chinas Small and Medium-sized ventures Alimama, which is an online selling exchange forum, that allows web publishers and advertisers to trade via online promotion inventory China Yahoo, which is a search locomotive engine as salubrious as Koubei.com, the largest communities in China for exchanging essential life information including as food, clothes, propel and housing (Bidwai 2010). Importance of business ethics and their impact on the organizationEthics means a collection of moral principles, a perception of right and wrong, goodness and badness of transaction as well as the motives and repercussions of these actions. When applied to business context, ethics refers to the study right and wrong, good and evil, and just and unjust dealings of businessmen. It refers to the study of business circumstances, decisions and activities where issues of what is right or otherwise are addressed. It addresses not only commercial enterprises, unless also government entities, not-for-profit organizations (NGOs), charitable institutions among others (Crane & Matten 2010). At Alibaba.com, ethics is very important to the come with in general and the HR de disruptment to be specific, for the following stated r easons Ethics tally to essential human needs. in all men naturally desire to be estimable both in private life as well as in business where. By being a manager man knows that his brain may influence a countless number of employees. Furthermore, most people desire to be part of a company that they can both respect and also be proud of, given that they descry its purposed activities are honest and also beneficial to the whole society. The Groups HR managers aspire to reply to the said needs of their employees. On the other hand, the managers feel an equal requirement to be proud of the company which they are directing. These basic ethical necessities force the organization to have an ethical orientation (Crane & Matten 2010). Values wee credibility with the larger public. A company that is perceived by the general public to be ethical as well as socially responsive gets to be honored as well as respected even by clients with no intimate acquaintance of its actual operations. The re will incessantly be automatic bias in favour of its services or products, given that people guess that the business offers value in exchange for their money. Its public concern will attract an instant response. disposed Alibabas CSR (corporate social responsibility) comprehensive program, together with the existing code of business ethics, the company has been able to craftsmanship credibility with the general public it serves. Values confer upon the management integrity with its employees. Values are meant to be a mutual language to bring the companys leadership as well as its people together. Company ethics whenever perceived by the employees as genuine enable the building of universal goals, language and values. At Alibaba.com, the HR department has realized standing with its employees because it has been able to register
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