The Alibaba Group Business Ehincs Essay Example | Topics and Well Written Essays - 3500 words

The Alibaba Group Business Ehincs - Essay Example The English-based site known as alibaba.com focuses on business-to-business kind of trading, especially for many international buyers who strive to contact sellers in China. The Chinese-based website known as china.com concentrates on business-to-business transactions within China, and finally, there is www.taobao.com, a consumer-to-consumer business site for Chinese clients. The Japanese-based website called Japan.alibaba.com mainly focuses on Japanese customers. At the moment, the Alibaba Group comprises the following subordinate-companies: Taobao.com, an online auction website for clients; Alipay, an online payments site, processing majorly payments emanating from China; Alisoft, a web services provider to China’s Small and Medium-sized ventures; Alimama, which is an online marketing exchange forum, that allows web publishers and advertisers to trade via online promotion inventory; China Yahoo!, which is a search engine; as well as Koubei.com, the largest communities in Chi na for exchanging essential life information including as food, clothes, travel and housing (Bidwai 2010). Importance of business ethics and their impact on the organization Ethics means a collection of moral principles, a perception of right and wrong, goodness and badness of dealings as well as the motives and repercussions of these actions. When applied to business context, ethics refers to the study right and wrong, good and evil, and just and unjust dealings of businessmen. It refers to the study of business circumstances, decisions and activities where issues of what is right or otherwise are addressed. It addresses not only commercial enterprises, but also government entities, not-for-profit organizations (NGOs), charitable institutions among others (Crane & Matten 2010). At Alibaba.com, ethics is very important to the company in general and the HR department to be specific, for the following stated reasons: Ethics tally to essential human needs. All men naturally desire to be ethical; both in private life as well as in business where. By being a manager man knows that his judgment may influence a countless number of employees. Furthermore, most p eople desire to be part of a company that they can both respect and also be proud of, given that they perceive its purposed activities are honest and also beneficial to the whole society. The Group’s HR managers aspire to respond to the said needs of their employees. On the other hand, the managers feel an equal requirement to be proud of the company which they are directing. These basic ethical necessities force the organization to have an ethical orientation (Crane & Matten 2010). Values establish credibility with the larger public. A company that is perceived by the general public to be ethical as well as socially responsive gets to be honored as well as respected even by clients with no intimate acquaintance of its actual operations. There will always be automatic bias in favour of its services or products, given that people believe that the business offers value in exchange for their money. Its public concern will attract an instant response. Given Alibaba’s CSR ( corporate social responsibility) comprehensive program, together with the existing code of business ethics, the company has been able to craft credibility with the general public it serves. Values confer upon the management integrity with its employees. Values are meant to be a mutual language to bring the company’s leadership as well as its people together. Company ethics whenever perceived by the employees as genuine enable the building of common goals, language and values. At Alibaba.com, the HR department has realized standing with its employees because it has been able to register