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Question one

Alibaba focuses on small companies because they can expand if given the correct resources. That goes
beyond business responsibility.

Jack Ma, Alibaba's founder, realised early on that if small businesses' products could be sold across
China and then the world, it would boost China's economy and provide jobs to a large number of people
in remote areas who cannot sell their products offline.

Alibaba realised that the digital platform is the future of technology, and if small groups instead of giant
firms can offer their goods on this platform, it will considerably stabilise China's financial situation.
Alibaba is China's biggest internet business platform because of this strategy.

This method has created a sustainable E-commerce ecosystem, and it will continue to produce profits as
the internet market grows, giving individuals additional possibilities to participate in their country's
economic prosperity.

Question three
China's quick rise in e-commerce shows that the switch from physical to digital commerce doesn't need
significant levels of development.

According to a McKinsey report, China's global e-commerce transaction value surged from less than 1%
a decade ago to over 40%, surpassing France, Germany, Japan, the UK, and the US combined.

E-commerce clusters in rural China. Taobao villages—those having a total yearly e-commerce
transaction volume of at least RMB 10 million and at least 100 active online shops—have grown from 20
in 2013 to 3,202 in 2018.

In 2014, Alibaba Group, Chinese e-commerce behemoth, established the Rural Taobao Program to
improve rural internet connectivity and help farmers earn more by selling agricultural goods directly to
urban customers online.
Q three
The rapid growth of China's e-commerce industry disproves the concept that only highly developed
countries can profit from the transition away from traditional brick-and-mortar trade and toward online
commerce. According to a report by McKinsey, China's share of the global e-commerce transaction value
has increased from less than 1% a decade ago to more than 40% now. This means that China's
contribution to global e-commerce has surpassed the contributions of France, Germany, Japan, the
United Kingdom, and the United States when taken individually. The expansion of e-commerce in rural
China has shown some strong markers of market concentration. Taobao villages are defined as those
heavily involved in e-commerce with a total annual e-commerce transaction volume of at least RMB 10
million and at least 100 active online stores. The number of Taobao villages has increased from 20 in
2013 to 3,202 in 2018. In 2013, the number of Taobao villages was 20. E-commerce giant Alibaba Group
launched the Rural Taobao Program in 2014 with the goals of enhancing internet access for inhabitants
of rural areas and assisting farmers in raising their earnings by selling their commodities directly to
clients in metropolitan areas through the internet.

Q one
Small businesses make up the majority of Alibaba's customer base. If given enough assistance, these
businesses have a significant capacity for expansion. It is not enough for our business to behave ethically
as a whole for this to be worthwhile. Jack Ma, the founder of Alibaba, was quick to recognize this early
on and saw how, if the wares of small businesses could be sold throughout China and then across the
world, it would boost China's economy and give people in outlying areas the opportunity to make a
living selling their wares online. This was his inspiration for creating Alibaba. If smaller businesses, as
opposed to enormous multinationals, are able to introduce their wares to the digital platform, then the
economic position of every citizen in China will be significantly stabilized. By using this strategy, Alibaba
has been able to amass significant wealth and establish itself as the leading e-commerce platform in
China. This method has produced a sustainable ecosystem of e-commerce and will continue to earn
profits for a considerable amount of time because the internet market is growing every day.
Additionally, more and more people are given the opportunity to participate in the development of their
country's economy as a result of this method.

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