The Process of Using Alibaba
Address the following questions. Remember to cite any sources used, including the textbook (APA format is required).
• Visit the website www.alibaba.com. .
• Choose a product and supplier from whom you would import the product. For example, you can search for suppliers of “golf clubs” in the country of ” Indonesia” or in the region of ” Asia.” .
• Describe the product and the supply company you chose. Briefly explain the rationale for your choice. .
• Analyze the process for usefulness and potential value. Name at least one benefit and one drawback of using this type of website to conduct trade. .
• Is it reasonable to speculate that eventually most trade SME’s might take place in the context of sites like Alibaba.com? .
• How transparent do sites like Alibaba.com make the import-export transaction? Would you still worry about fraud? Why, or why not? .
• How might the global financial crisis create opportunities and threats for sites like Alibaba.com. .