Wanting to become an auditor Essay Example | Topics and Well Written Essays - 500 words

Needing to turn into an examiner - Essay Example The actual purpose of the law is exhibited by analyzing the genuine objectives of an organization, which furnish it with moral bearing and by inspecting the obligations of the bookkeeping experts who are responsible to the organization just as the overall population. These expert obligations are controlled by their genuine financial capacities. The significant obligations of the outer reviewer are first, to assess budget reports and guarantee that such articulations mirror the money related realities of an organization and second, to intently screen the budgetary markets and inquiry sporadic practices that would jumble the realities. To accomplish these destinations the evaluator needs to fall back on proficient skepticism.1 The ability of a bookkeeper is dependant to an enormous degree on the expertise had in taking care of numbers. Since, this ability can be utilized to distort and mutilate the genuine position, it must be reasoned that without profound quality a decent bookkeeper is definitely not a good or moral bookkeeper. The auditor’s obligation is to guarantee that bookkeeping or the language of business is appropriately used with the goal that the budgetary information is deciphered effectively. Also, the capacity of the autonomous inspector is that of a guard dog and the evaluator needs to guarantee that the companys appraisals are sensible and not at difference with the truth. Further, these evaluations are to be made based on a steady arrangement, which doesn't change throughout the years. It is the obligation of the outer inspector to affirm that the budget summary of an organization reasonably speaks to its money related situation as such affirmations are basic necessities for a productive monetary market. The soul behind these capacities has been truly damaged as of late. Daze emphasis on consistence with the standards, practices and shows has consigned to the foundation the terrifically significant necessity that fiscal summaries ought to give clear and unambiguous subtleties of the

The American Flatbread Case Study Example | Topics and Well Written Essays - 500 words

The American Flatbread - Case Study Example They have confidence in dealing with the client and the worker, and continually paying special mind to the eventual benefits of the individuals, not the business, while keeping up a solid, new, and thrilling condition to work and eat in. George Schenk is the originator of American Flatbread. He possesses the business as well as plays a huge job in the day by day exercises of running the organization alongside his supervisory crew. One of his convictions is that it doesn't make a difference who thought of the best thought; the best thought will be the picked game-plan. In the video, he referenced that on occasion there are contentions between the supervisory crew, however that every individual must bite the bullet for the advancement of the organization. He additionally expressed that by giving every representative a voice in the organization, it prompts better thoughts; and workers play a possession job in doing the best employment they can in light of the fact that they realize their assessments matter. Schenk set up the Medicine Wheel Project and Organic Food for Public Schools extends that has helped construct his name and food methods of reasoning across the nation. He has likewise composed a wide range of articl es expressing his ways of thinking and convictions to the culinary network just as taking a solid position in political exercises in the territory of Vermont. American Flatbread rehearses a wide range of socially mindful exercises that have made it well-prestigious. The American Flatbread cafés hold â€Å"Benefit Bakes†, which are gathering pledges occasions to fund-raise for social causes, for example, general wellbeing facilities and the protecting nature territories. The organization additionally serves food to clinical patients, clinical work force and the entirety of their families through the â€Å"Medicine Wheel† program. Schenk has additionally requested that individuals from the network that are confronting intense occasions can come to American Flatbread and they will have flatbreads on the house. It is significant for independent companies to personally interface with their networks so that as one battles,

Short Story Playing With Fire English Literature Essay

Short Story Playing With Fire English Literature Essay Mental disarranges I performed astoundingly in school, had moderately close associations with my family and kept a respectful gathering of companions; in any case, the entirety of my contemplations, activities and feelings could be tossed into disorder with seeing a solitary fire. Arsonist tendencies, it was called. It was additionally the motivation behind why I was constrained by my mom to result in these present circumstances inept gathering recovery focus. Wherever I went, there was a thick air of strain between everybody that appeared to be difficult to break. Regardless of this condition, for as far back as month, I had the option to keep my levelheadedness every day with the organization of one young lady. From the absolute first day, she was the main individual in the room who wore a grin the whole time. With long, earthy colored hair, differentiating her light complexion, and a look of certainty all over, I thought of no motivation behind why she ought to be here. Until I sa w something which profoundly fascinated me: Her emerald green eyes, in contrast to the remainder of her appearance, didn't mirror a similar warmth and energy. Or maybe, they had a constant melancholic look that would consistently part with her actual feelings, so I tended to abstain from looking at her without flinching at whatever point I conversed with her. Today, as I plunked down along the check of the walkway, from my back pocket, I took out a plastic holder and flicked the little wheel, touching off a little, yet emphatically consuming fire. You shouldnt be smoking at your age. It will just end with a long and excruciating demise. I dont smoke, I said as I pivoted to confront the voice, arsonist tendencies is not the same as a nicotine fixation. Casey, I swear I disclosed this to you a day or two ago. She plunked down close to me, inclining in towards the fire. Ok, however its despite everything dependent on a similar standard isnt it? Fire, annihilation, and passing. She had a somewhat tormented appearance all over before she included, How you can discover the blazes wonderful? They just help me to remember torment and mishap. Dont behave recklessly, Parker. Youre just going to get scorched. I consider that occasionally too, I answered. What had caused this undesirable liking towards the blazes? This amazing dependence towards fire? From the start, it was only an interest as a kid, however there was a point in time where it totally assumed control over my activities. The occasions of that night waited with me even at this point. Everything about recorded profound into my recollections; from the warmth of the fire, to the lighter I used to set the house ablaze㠢â‚ ¬Ã¢ ¦ Stand aside kid, came the abrupt voice of a cop. Go get your folks. Its undependable to be here. I was generally pushed behind the yellow police tape as the official rushed back to his vehicle, and the sound of alarms became stronger. From a protected separation, I stopped, hypnotized by the rough orange burst that kept on inundating the house before me. Dabs of sweat started framing over my temple from the singing warmth produced by the consuming house. Twenty minutes: that was all it took for the house to be totally eaten up by the consuming flares, and for the whole structure to start self-destructing. Thick surges of smoke gathered, making it increasingly more hard to inhale as the fire expended the oxygen close by. The snapping of the wooden pillars became stronger, with the house on the edge of breakdown. All of a sudden, a young lady separated from the group and ran towards the flares, just to be kept down by a similar official as in the past. My folks are still in there! If it's not too much trouble Somebody, anybody, help them! I-I dont need them to㠢â‚ ¬Ã¢ ¦ however her final words were cut off as the remainder of the supporting bars fallen. Tears flooded from her eyes as she tumbled to the ground, totally defenseless and damaged. On the other hand, from in the midst of the frenzy of the horde of spectators, I remained totally quiet, never looking away from the blast for a solitary second. It was too lovely a sight to turn away from, as the blazes proceeded with their move in the breeze. It resembled a mammoth blaze, sending flashes flying all over. The night sky was lit up with its splendid orange sparkle, making it as brilliant as day. I came to advance, feeling the warmth of the fire become more grounded against my palm, and for only a couple of seconds, time appeared to stop㠢â‚ ¬Ã¢ ¦ This was over eight years prior; I was just ten years of age. I heard the next morning that the inhabitants of the house didn't endure the blast from that night, however at that age, I couldnt recognize life and passing, nor did I understand the seriousness of my activities. Right up 'til today, I despite everything can't review the specific explanation behind lighting the fire. Everything I could recall was seeing the gleaming flares in the night, lamenting nothing. Be that as it may, for these eight years, I had been harboring this memory to myself, declining to tell a spirit. Prior on, I pondered telling Casey, however in the wake of seeing her tormented articulation towards the littlest flash of a fire, I couldnt force myself to do as such. For the month that Ive known you, Ive saw that you space out a great deal, said Casey, exhibiting her point by waving her submit front of my face. Grinning, she proceeded, the smell of the lighter liquid must be influencing your cerebrum some way or another. I came back to the real world. Acknowledging she was correct, I countered, I can fix this issue fine and dandy without your info. At any rate, why dont you ever talk about your issues for once? Its been a month, I despite everything think nothing about you. I dont even know why you looked into recovery in any case. That is to, supposedly, theres nothing amiss with you. It was my choice to make, Casey answered, watching the passing vehicles out and about. In any case, why dont you help yourself out? Settle up with this exhausting place and spend the rest of the times of summer back home with your family. What do you know? Have you at any point thought to consider that Im here on purpose? I cannot come back to my family regardless of whether I need to. She stood up unexpectedly, and began strolling back towards the recovery place. Out of drive, I stood up too, looking. Just because, I saw her frown, however what was unquestionably all the more scary was the antagonistic vibe in her look; even from a reasonable separation, I could detect it. My remark unquestionably hit a nerve. Prior to arriving at the entryway, she thought back one final time and stated, Its going to rain. You should head inside the office soon, and she hammered the entryway behind her. Exasperated, I took out my lighter, attempting to light a little fire to facilitate my pressure, yet it was no utilization. Out of lighter liquid, I murmured, so at long last, you got what you needed, fairly. Sick need to get another one tomorrow. I sat down along the control of the walkway, when minutes after the fact, I felt a light shower of downpour against my skin. What a discerning individual. For the remainder of the week, I evaded Casey, until I saw her weaving something blue in the hall. I chose not to begin a discussion with her. Rather, I plunked down in a seat opposite her, gazing eagerly at the dreary movements she made as the texture developed longer. Sooner or later, she moaned lastly addressed me. Im weaving a scarf to put on a teddy bear. Its for my infant siblings birthday. I havent seen him in some time though㠢â‚ ¬Ã¢ ¦ Her voice was discouraged, yet she proceeded, however I have a license to go visit him and my family tomorrow. This is a clumsy inquiry, however do you mind accompanying me? Sick comprehend on the off chance that you cant, however youre one of only a handful barely any individuals that I trust here. Sooner or later of reasoning, I figured out how to give a gesture and everything was arranged out for tomorrow. As she left the hall, her grin had returned. Much to my dismay that there was quite a lot more that she escaped me behind that grin. At precisely 10 AM, I come back to a similar recognize that I sat in yesterday, and I saw how void the whole anteroom appeared without Casey there. At any rate, I was certain the disposition would change when she showed up. Five minutes passed; fifteen minutes passed; forty five minutes passed, and I turned out to be surprisingly stressed. I mulled over going outside to light a fire with my lighter, however it would be horrendous for her to see me like that. Rather, I chose to go get her. Be that as it may, this was more difficult than one might expect, in light of the fact that the recovery community had numerous rooms, and I had no clue where she was remaining. All things considered, I went around the structure searching for her, looking through each passage, checking the patio, thumping on ways to inquire as to whether anybody knew where she was staying, however without much of any result. Winded, I stopped and passed by the young ladies washroom, when I heard quieted crying origi nating from behind the entryway. Could that be her? Pulling up nearer, I called her name, however there was no answer. As unbalanced as it was to enter, my anxiety for whoever was in there exceeded my shame. In any case, I was astonished at what I found. It was Casey, yet not how I anticipated. She was perched on the floor, wailing, her correct arm covering her eyes, yet not the tears from her face. From a separation, I could see the gleam from the red tinted sharp edge on the tiled floor. Her left arm was loaded up with scars, with three new slices stumbling into them. A constant flow of blood spilled out of them, enough to shape a little puddle of ruby close to her. Imprudently, I ran towards her, removed my sweater to absorb the blood and I held her in my arms. Her crying just became stronger, however as she laid her head on my shoulder, I felt vulnerable, realizing this was everything I could accomplish for her. For what appeared time everlasting, we remained that way, her cries inevitably subsiding to a slight whine as I murmured Its alright again and again. Her voice unstable and in quieted tones, she stated, My child sibling and my folks arent really alive. They spent away eight years prior. There was a terrible fire that set my home ablaze. I figured out how to escape securely, yet my folks, they thought I was still inside. They returned inside for me, and they never returned out. They yielded themselves in vain, and it was my flaw! I wish I had kicked the bucket rather than th

How to Write Custom Research Paper Fast

How to Write Custom Research Paper FastIf you want to become a great researcher, then one of the best things that you can do is to learn how to write custom research paper fast. This is because this kind of paper will help you to gain more credits in your degree, and it will also help you to start getting better results on your exams.First of all, you need to know how to write custom research paper fast if you want to become a good researcher. This means that you should focus on the type of paper that you want to write. For example, if you are going to write an essay for an exam, then you should consider writing a short study guide on a particular topic.Now, you can see how there are different types of papers that you can write, and you also need to know what kinds of questions you should ask while doing research paper. For example, if you are going to write a short study guide on a particular topic, then you will need to know what kinds of questions you should ask and how you should answer them.This is how you can learn how to write custom research paper fast. All you need to do is to know what kind of questions you should ask and how you should answer them. That is all there is to it.The best thing about writing custom research paper fast is that you can get better results faster. It means that you will be able to get better grades in your studies. By giving yourself the resources you need, you will be able to use them to your advantage and get more credits.Another benefit of learning how to write custom research paper fast is that you will have more chances to impress professors. In fact, this is what will make you stand out from other students who don't have the resources to help them write a custom research paper fast. That is because by taking action, you are basically stating that you are one of the best students.It is important that you take the time to learn how to write custom research paper fast so that you can boost your grades and get better result s. This will help you get the credits that you need for your degree.

Swot Analysis Marketing Planning Process - 1987 Words

Introduction This essay will critically evaluate the contribution that SWOT framework has brought to the marketing planning process. The essay will firstly explain the importance of SWOT used as an analysis tool in the field of marketing and concisely introduce the definition of SWOT along with the case of Coca Cola Company as an example. Next, the disadvantages and advantages of SWOT framework will be discussed in order to realize how the model was used in reality and theoretically. After that, there will be a few cases of SWOT being misused by the managers and marketers. Subsequently, the possible solutions of how the model can be used more effectively and efficiently will be given. The definition of SWOT Marketers consider internal auditing when they want to learn more about the situation within the organization, while investigate the external audit when they long for the information about outside environment. One of the tools that can help marketers to realize the internal and external factors of an organization is SWOT analysis framework. (Wood, 2007) The origin of SWOT can be traced back to 1960s during a seminar in Zurich and the framework was originally introduced by researches of Harvard University (Learned et al., 1965). The acronym for SWOT is strengths, weakness, opportunities and threats. Strengths are a firm’s resources and capabilities that can be employed as a foundation to facilitate it to achieve objectives and mitigate threats (Wood, 2007). For instance,Show MoreRelatedSwot Analysis Of Marketing Planning Procedures1303 Words   |  6 Pages The SWOT Analysis and its Importance in Marketing Planning    Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In order to run a thriving business, you must be very knowledgeable about your customers, operation, competitors and the environment.  When it comes to market planning  many important factors must be taken into consideration. According to the business dictionary market planning is the procedure of examining one or more of prospective marketplacesRead MoreMarketing Strategic Planning : Marketing Strategy1042 Words   |  5 Pages2.4 MARKETING STRATEGIC PLANNING PROCESS Marketing strategic planning is a management tool to help the organization does better work and understand how to compete for the future. It is a guiding process for the members of an organization developing them necessary procedures and operations in the future. Like a decisions strategy for the organization process, as the process of growing and maintaining a strategic fit between target of organization and capability and it’s changing marketing opportunitiesRead MoreSwot Analysis : The Modern Enterprise Management And Planning1458 Words   |  6 Pagesmanagement and planning, SWOT analysis is a widely known diagnostic tool. Generally SWOT analysis is used to identify the strengths, weakness, opportunities and threats of the enterprise itself, and then combine the company s strategy with the internal resources and external environment. In fact, it is a systematic framework which helps managers to build organization strategies and market planning. However, Some findings from Menon (1999) and Hill and Westbrook (1997) have suggested that SWOT may harmRead MoreSwot Analysis1676 Words   |  7 PagesSWOT Analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. The technique is credited to Albert Humphrey, who led a research project at Stanford University in the 1960s and 1970s using data Strategic Use: OrientingRead MoreStrategy Planning : Strategic Planning1543 Words   |  7 Pagesa) What do you understand by the term â€Å"strategic Planning† Strategic planning is a process that implement by an organization/corporation to develop a plan to achieve its objectives of its overall long-term organizational goals. In marketing, strategic planning is to anticipate the possible outcome and determine the best method to achieve organizational objectives. In order to achieve organizational objectives, an organization has to plan its strategy and direction as well as decide on allocatingRead MoreMarketing Plan For Organization / Alcor Petro Lab Essay1422 Words   |  6 Pages Marketing Plan for Organization/Alcor Petro lab Proposed by: Morris Crowder Submitted to: BUSN-319-10074 DeVry University September 24, 2016 INTRODUCTION The marketing planning is very essential for Alcor Petro lab to be successful in the local and global market. This involves an outline of the organization and their complete marketing efforts. Being that marketing in the RD petroleum world isn’t done by radio, TV nor newspaper it has to be very noticeable on all job search sites asRead MoreSwot Analysis : Marketing And Management1370 Words   |  6 PagesMany individuals in the marketing and management industry understand the acronym SWOT, Strength, Weakness, Opportunities, and Threats but have no idea of the impact this analysis has on the business, or internal and external factors that are involved. Typically, managers’ ï ¬ rst consider internal strengths and weaknesses (at the top row of the 2x2 grid) which can include image, structure, access to natural resources, capacity and efï ¬ ciency, and ï ¬ nancial resources. It is the foundation for understandingRead MoreEssay about The Market Orientated Firm.1638 W ords   |  7 Pageswhat it is to be a marketing orientated firm; firstly a business needs to know what marketing is. According to the UKs Chartered institute of Marketing (CIM): Marketing is the management process responsible for identifying, anticipating and satisfying customer requirements profitably (CIM1) Marketing is the only process that goes hand in hand with the company strategy and is integrated in all functions and departments of the firm. People tend to think marketing is about advertisingRead MoreA Marketing Plan For A New Marketing Strategy966 Words   |  4 Pageslegal requirements and, on the other hand, defines the organization’s policy administration. For a triumphant marketing plan, understanding the government legal approaches allows for efficient operation and inter-relationship with other organization. Similarly, internal legal policies allow the company to uphold its operation in a set manner. 4.0: Marketing Audit A market audit process is a tool that can never be neglected despite the situation. However, very few companies carry out comprehensiveRead MoreHummer1047 Words   |  5 PagesEvery marketing strategy is unique, but can be reduced into a generic marketing strategy. There are a number of ways of categorizing these generic strategies. A brief description of the most common categorizing schemes is presented below:† (David, 1989). 1. Strategies based on market dominance: In this scheme, firms are classified based on their market share or dominance of an industry. Typically there are three types of market dominance strategies: a. Leader b. Challenger c. Follower

Ralph Waldo Emerson s Philosophy On Truth And Lies

Ralph Waldo Emerson’s essay, Nature further examines the ideas of truth and concepts introduced by Friedrich Nietzsche in On Truth and Lies in a Non-Moral Sense. Nietzsche interpretations of the truths of the universe and the language we use to enforce those truths were wrong. Nietzsche, like Emerson, believed we had to conceive our own knowledge and truth in the universe, however, he did not introduce how to go about doing so. Emerson, furthers Nietzsche’s theory on truth and concepts into his own theory on Nature and proposes knowledge on how to go about seeking these truths for yourself. Nietzsche’s theory of truth states that truth in itself is a metaphor. Nietzsche was the opposite of Emerson because he had an existentialist view on the world. Whereas, Emerson believed there was a god and that he performed great miracles, giving him a transcendentalist view on the world. Nietzsche titles his essay, On Truth and Lies in a Non-moral Sense, because we receive o ur morals from our religious beliefs, but since he did not believe in a god, that highlights even further his dismay with â€Å"truths† in our language. We are told these concepts that we tell ourselves and convince ourselves are true, just to develop a logical sense of truth in our society. He believed we all formed these concepts or categories in where we group individual objects together to make sense of them. Nietzsche states in, On Truth and Lies in a Non-moral Sense, â€Å"Just as it is certain that one leaf is neverShow MoreRelatedAnalysis Of Waldo Emerson s Self Reliance 1259 Words   |  6 PagesAnalysis Waldo Emerson is genuinely the focal point of the American transcendental movement, setting out a large portion of its thoughts and qualities in his essay,that spoke to the extreme study in theory, religion, and writing. Emerson is the scholarly father of American Transcendentalism. Despite the fact that numerous different scholars would contribute, it was Emerson s addresses and distributed papers that would offer structure to this occasionally indistinct scope of thoughts. Emerson was aRead MoreThe Role Of Social Construct And Our Role Within The Early Nineteenth Century1338 Words   |  6 PagesWe enter this world as we leave it: alone. Though every encounter, connection, and relationship that occurs between these two points may deceive us to believe otherwise, the truth of the matter is, you are all that you have in this life. Despite this reality, we find ourselves consumed by the concept of social construct and our role within it rather than establishing ourselves as an in dependent entity. While most spend their lives content with their role as a mere cog, it is the few who believe theyRead MoreThe Adventures Of Huckleberry Finn By William Hemingway1712 Words   |  7 Pagesillustrations. 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He tries to find happiness within himself and discover truths in the worldRead MoreTranscendentalism, A Powerful Intellectual And Philosophical Movement1781 Words   |  8 PagesTranscendentalism, a powerful intellectual and philosophical movement founded by Ralph Waldo Emerson in the early nineteenth century, was guided by the principle that individuals are inherently good and function at their best when they are independent and self-reliant. Striving to produce a philosophy that would serve a new nation, transcendentalists believed that religious institutions and political parties would eventually corrupt the natural pure goodness of man. Transcendentalist ideology furtherRead MoreIndividual Belief System Essay1206 Words   |  5 Pagestook the hardest path. Component 2 and 3 - Reason and Experience At times I tend to think of my philosophy or philosophies of life as common sense, and universally understood; the difference between right and wrong. It’s taken me some time to get used to the idea that not everyone shares the same moral convictions as I. I’ve often had to be reminded of this because I believed my philosophy portrayed fairness, honesty, and logic, and anyone who could think for themselves would have naturallyRead MoreThe Legacy Of Henry David Thoreau1991 Words   |  8 PagesMassachusetts. He was also raised there for most of his childhood. After graduating from Harvard College he worked in his family’s pencil-making business. Later, he became a schoolteacher but he resigned after two weeks. He became acquainted with Ralph Waldo Emerson to edit the Transcendentalist magazine, The Dial, and from there, their friendship grew. They bounced political and ethical opinions off of one another despite their very different outlooks on various topi cs. 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Around the turn of the century a fundamental cultural transformation occurred within the educated strata of Western capitalist nations. In the United States as elsewhere, the bourgeois ethos had enjoined perpetual work, compulsive saving, civic responsibilityRead MoreBe a Sales Superstar25155 Words   |  101 Pagesare in harmony with your dominant thoughts. As you change your thinking about yourself and your possibilities, you change your life. There is no other way. Perhaps the most important discovery in human history, the foundation of all religions, philosophies, metaphysics and psychology is this: You become what you think about most of the time. Just think! You become what you think about most of the time. Your outer world eventually corresponds to your inner world. And since only you can decide what

VR of Alibaba for Research and Development Plan- MyAssignmenthelp

Question: Discuss about theVR of Alibaba for Research and Development Plan. Answer: Introduction Aliababa Group is a company which provides the basic technology, framework and marketing to guide different, brands and other businesses that provide products, services and digital content. The main advantage of this company, which surpasses the other company, is that it has various types of companies integrated within itself for example: - Alibaba Cloud, Ant Financial, Taobabo.com etc. All these companies specifically is the platform for online marketing services for computers and mobile phones and other technical things. AliResearch institute was established in April 2007. This is the most important and integrated parts of Alibaba have failed to continue its chain system of so many organizations (Wu et al., 2015). The research opportunities of this organization is new commercial civilization, model innovation study, such as C2B commercial model, future organization model and Internet-enabled study of industries, such as e-commerce logistics, rural e-commerce. Many research scholars who are experts in management and economics able to provide idea about to provide new methodology in this field and the merchants, service-providers are highly benefitted due to this. Todays world is continuously changing and every time any organizations have to keep in par with new thoughts and ideas for launching new products. So it can be said that AliResearch centre is the pillar of the Alibaba organization. For example there is reflection of some of the key findings of Research Report on Chinas Taobo village. There were 1000 Taobo village and 100 Taobo towns found in China. AliResearch has researched consumption demands, and created designs with collaborators by taking the help of new techniques , online merchants of Taobao villages have able to uplift their efficiency and essence and launched new products (Tu Hao, 2015). . According to incomplete statistics over the year of 2016 more than 120 segment of rising products and services of Taobao villages have witness fast develo pment in sales, crossing RMB1 million or even RMB10 million. The products included electric balance bikes, writing brush, paper and ink and others. This e-commerce system has expanded to a large extent and this has helped to provide jobs to many people and finally has eradicated the poverty from the towns and the villages (Qu, Zhang Ding, 2015) . Management Team and Organizational Structure The management team of Alibaba comprises of leaders who are mainly the Board of Directors. They are: - Jack Yun MA is the Executive Chairman of the Alibaba Group, Joseph C.TSAI is the Executive Vice Chairman, Daniel Yong Zhang is the Director and Chief Executive Officer of this organization. J. Michael Evans is the Director and President of this company, Masayoshi Son and Eric Xiandong Jing is the Director of this organization. Chee Hwa Tung, Walter Teh Ming Kwauk, Jerry Yang, Brje E. Ekholm, Wan Ling Martello are the independent Directors of this organization. This Board of Directors is appointed from time to time by the process of election. They are mainly elected by the decision of the stakeholders of the company (Dong et al., 2015). The Board of Director must contain 9 directors until the Softbank has the right to nominate a director but when the SoftBank is devoid of such rights then the organization must have seven directors. A director is only removed from office without any c ause if the director (1)dies or becomes bankrupt or makes any arrangement or composition with his creditors generally; or (2)is found of unsound mind; or (3) resigns his office by notice in writing to our company. Otherwise the director is only removed by the corporate governance committee by the vote of majority of the board of directors along with the suggestions and advice of the corporate governance committee. These members are at the top positions of the company or organization who takes all the decisions of the company. They coordinate and supervise all the employees of the organization and motivate them to do the work not only for the revenue-generation of the company but the leaders also inspires the team members and the employees to work also providing best services to the customers (Burke Eaton, 2016). Besides, this Board of Directors there must be other leaders of managerial posts who also coordinate each chain of this organization (Guo et al., 2013). Without this managerial structure the company has no existence because the entire responsibility of the organization rests on them. Risk Recognition and Risk Reduction Strategies: Risk Recognition: The risk recognition of VR is crucial because it is capable of allowing a more realistic view of the products which will attract more customers. Alibaba can generate billions of dollars of revenue by promoting and selling products using the virtual reality technology. The company is set to launch virtual reality, software which allows the customers to wear a headset and get a total view of the products. The company has recognized that VR has great prospect in generating revenue and maintaining high competitive position in the market. The company faces stiff challenges from powerful players like ebay and Amazon.com. The company has recognized the future profitability of VR and is making strategies to reduce the risks (Forbes.com, 2017). The technology can pose considerable risk to VR because the competitors like Amazon continuously carry out innovations and research to bring out new software which can compete with VR. These innovations are likely to threat the profitability and revenue generation of Alibaba. Thus, Alibaba has to carry out innovations to stay ahead in the competition with its rivals and keep generating huge revenue with VR. The company should bring out updated versions of VR to ensure its top position in the market. Risk Reduction Strategies: Differentiation strategy of Alibaba: Alibaba differentiates itself from its competitive to hold a strong market image and position. The company acts an ecommerce company connecting only buyers and sellers. It has a strong supply chain in all the countries and shows the prices in local currencies. This allows it to differentiate itself from its competitors because the supply chain allows it to offer goods without requirement of spending after maintenance of warehouses (Lu Swaminathan, 2015). Partner Connections: Alibaba has strong connections with local merchants and suppliers. It allows them to sell their products to a huge number of customers using its digital platform and brand value. The company thus reduces the risk it faces from the big ecommerce companies like Amazon and ebay. The country owns shares of companies like paytm and has partnered with the Chinese branch of Yahoo. This has helped the company to virtually control the operations of several other companies which allows it to reduce the competition from them (Alcacer Chung, 2014). This has in fact allowed the company to enter new markets and extend its product line. For example, Alibaba is a shareholder of Paytm, the Indian payment gateway company which is used by millions of Indians to make payments. This allows it to enter profitable markets like India and diversify its risk posed by the market, like risk from competitors. Mobile Technology: Alibaba has launched its application which can run on both computer and mobile phones, thus allowing customers to order products anytime and from anywhere. The company is planning to introduce VR on mobile platform as well so that the buyers can have better product viewing and ordering experience. This will allow the company to gain high position in emerging markets like Asia where its competitors like ebay are yet to gain a strong foothold. The company can earn huge profit and diversify the business risks over these markets (DeBoer, Panwar Rivera, 2017). References: Alcacer, J., Chung, W. (2014). Location strategies for agglomeration economies.Strategic Management Journal,35(12), 1749-1761. Burke, Q. L., Eaton, T. V. (2016). 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