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Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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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
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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.
Original Source Material
Student Version
In examining the history of the visionary
Decisions that look like the result of
companies, we were struck by how often
they made some of their best moves
smart strategic thinking could, instead,
be attributed to a culture that values
not by detailed strategic planning,
opportunistic experimenting and
intentional mishaps. Collins and Porras
(2002) point out their surprise at finding
that many of the visionary companies
but rather by experimentation, trial
and error, opportunism, and--quite
literally--accident. What looks in
hindsight like a brilliant strategy
that they researched "made some of
was often the residual result of
their best moves not by detailed
opportunistic experimentation and
planning, but rather by experimentation,
"purposeful accidents."
trial and error, opportunism, and--quite
literally--accident" (p. 141).
References:
Collins, J. C., & Porras, J. I. (2002). Built
References:
to last: Successful habits of visionary
Collins, J.…
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
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