Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 2, Problem 1CE
Explanation of Solution
Brief description on Jack Ma starting a business:
- Jack Ma is the founder of the online business platform alibaba.com. He was born and raised in china. Jack Ma the admirer of many entrepreneurs and started his business in 4th April 1999.
- The business was started in a small self-owned apartment along with his 17 friends with a very small investment.
- They aimed to sell the goods and services among the Chinese people first...
Explanation of Solution
Challenges need to overcome:
The main challenges faced by Jack Ma were to compete with the other online websites and to make aware of people, the importance of online purchasing...
Explanation of Solution
Jack Ma encountering failure before success:
“Yes”, Jack Ma faced failure before attaining a success in his business.
Jack Ma with his simplicity made credibility among the business people and made his career a great one...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Do research on an entrepreneur that you admire.1. Write a brief description of how the individual was able to start abusiness2. What challenges had to be overcome?3. Did the individual encounter failure before becoming a success?
What exactly is a company's culture, and why is it so important to the business's success? Give an example of the corporate culture at a business where you've previously worked.
Talk about how important people's actions are to the growth of a business. Should a company's pay policies and methods be designed to get employees to work in ways that help the company reach its mission and goals?
Chapter 2 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 2.1 - Prob. 1RQCh. 2.1 - Prob. 2RQCh. 2.1 - Prob. 1CTQCh. 2.1 - Prob. 2CTQCh. 2.2 - Prob. 1RQCh. 2.2 - Prob. 2RQCh. 2.2 - What questions about this assignment would you...Ch. 2.2 - What actions would you recommend to minimize...Ch. 2.3 - Prob. 1RQCh. 2.3 - Prob. 2RQ
Ch. 2.3 - You have been asked by the human resources...Ch. 2.3 - Prob. 2CTQCh. 2.4 - Prob. 1RQCh. 2.4 - Prob. 2RQCh. 2.4 - Prob. 1CTQCh. 2.4 - Prob. 2CTQCh. 2 - Prob. 1SATCh. 2 - Prob. 2SATCh. 2 - Prob. 3SATCh. 2 - Which of the following is not a true statement...Ch. 2 - Prob. 5SATCh. 2 - Prob. 6SATCh. 2 - of large information system projects fail, at...Ch. 2 - The three stages of Lewins change model include...Ch. 2 - The ____________ change model is helpful in...Ch. 2 - The Bureau of Labor Statistics forecasts an...Ch. 2 - Prob. 11SATCh. 2 - _______________ is a process for testing skills...Ch. 2 - Prob. 1RQCh. 2 - Prob. 2RQCh. 2 - Prob. 3RQCh. 2 - Prob. 4RQCh. 2 - Prob. 5RQCh. 2 - Prob. 6RQCh. 2 - Prob. 7RQCh. 2 - Prob. 8RQCh. 2 - Prob. 9RQCh. 2 - Prob. 10RQCh. 2 - Prob. 11RQCh. 2 - Prob. 12RQCh. 2 - Prob. 13RQCh. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Your manager has asked for your input on ideas for...Ch. 2 - Prob. 7DQCh. 2 - Prob. 8DQCh. 2 - Prob. 9DQCh. 2 - Prob. 10DQCh. 2 - Use graphics software to develop a force field...Ch. 2 - Do research to learn more about GEs Change...Ch. 2 - Prob. 1TACh. 2 - Prob. 2TACh. 2 - Prob. 3TACh. 2 - Prob. 1WECh. 2 - Prob. 2WECh. 2 - Prob. 3WECh. 2 - Prob. 1CECh. 2 - Prob. 2CECh. 2 - Prob. 3CECh. 2 - Prob. 1CTQ1Ch. 2 - Prob. 2CTQ1Ch. 2 - Prob. 3CTQ1Ch. 2 - Prob. 1CTQ2Ch. 2 - Prob. 2CTQ2Ch. 2 - Prob. 3CTQ2
Knowledge Booster
Similar questions
- Analyze a real-world case study where a company successfully implemented the Wilson Approach. What challenges did they face, and how did they overcome them?arrow_forwardThink about all the different types of personality characteristics you can think of, then explain how you would recommend that workers adopt some of those attributes. What benefits might certain traits provide to a business?arrow_forwardyour friends have been thinking of starting a business. after carefully listening to their concerns, give them your best advicearrow_forward
- Give some examples of the many various kinds of personality qualities and explain how you would advise workers on which personality features to emulate. Also, give some examples of the many different types of personality qualities. Who exactly has the qualities that are most beneficial to the expansion and success of a business?arrow_forwardGive some examples of the many kinds of personality features that exist, and explain how you would counsel workers on which personality traits to emulate. Which aspects of a person's personality are most beneficial to the success of the business?arrow_forwardThe entrepreneurial method requires consistent practice so that _________ can be continuously developed and applied to future endeavors. Group of answer choices Business processes Education and application A strong business plan Knowledge and expertisearrow_forward
- Give some examples of the many various sorts of personality traits, and then explain how you would tell staff members which attributes to imitate. Whose personality attributes are most beneficial to the development and success of a company?arrow_forwardWhere did Grace Hopper hit roadblocks on her way to success?arrow_forwardDiscuss one of the following: What does it mean to have an entrepreneurial mindset? Explain the importance of being self-reflective and honest before, during, and after starting an entrepreneurial journey. Why are more individuals pursuing nontraditional entrepreneurship opportunities?arrow_forward
- Write a summary of the elements that influence the business climate and the issues that American companies will face in the future.arrow_forwardTalk about how human nature can make or break a business. Should a company's compensation plan emphasize rewarding employees for contributing to the company's overall purpose and goals?arrow_forwardIn what ways and for what reasons is corporate culture so critical? Give an example of a company's culture that you've seen in action.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Fundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning