xiaozhuli

“Today is 11.11 Shopping Festival in China and more than $1 billion worth of goods were sold within the first 20 minutes”. I was absolutely shocked by this news that wrote in a blog called “Online Shopping Binge Gets Off to a Strong Start” that posted early today. After Alibaba’s recent IPO, this year’s volume of transaction has drawn worldwide attention. In order to expand its business to a global scope, for the first time this year, AliExpress participated in transactions, offering products to customers overseas. In addition, the firm…read more

I’m really impressed by Tianye Guo’s blog about increasing international student’s tuition. I appreciated that she relates a current hotly debated topic around us with business concepts that we learnt in class and describes cash flow in a company as oxygen presented in the atmosphere, which precisely pointed out its importance and a main reason for the likely increasing of international tuition. My perspective on this issue are as follows. International tuition for high-ranked university in Canada has been increasing since years ago. Compared with McGill University and University of…read more

If the United Nations was fully funded why should we need the Arc or social enterprise? To answer this question, we should figure out what is social enterprise or Arc and what do they exactly do. They are all organizations equipped with professional commercial knowledge that try to fundamentally improve society. What they offer are not just money but something more important, knowledge and skills, which could be sustainedly beneficial. For example, Arc initiative run by Suader Business School is a program that brings professional commerce students and African entrepreneurs…read more

Zappos.com is one of the world’s largest shoe stores. What makes it special is its high-level customer services and its organizational culture. However, in Tianyang Ma’s blog, he pointed out that the current company culture does not fit the company at all. His supportive reasons are the less needs and high cost. However, I totally do not agree with him. Zappos’ outstanding customer service is an important value proposition that shouldn’t be abandoned. To maintain this advantage, money should be invested in employee training and organizational culture construction. Customer services…read more

Analysis done at eBay shows that its ads at several search engines are useless and its marketing team has wasted millions of dollars over the years. This is arising out of a culture of advocacy. In the preceding years, business decisions were much driven by senior managers’ advocacy and ideas but relied less on objective data. Thus, business always made wrong decisions and experienced risks and instability which resulted in enormous loss and even irreversible results. The eBay example indeed verified this. Marketing people and managers believe that the ads…read more