Why Alibaba's Data Set Is Ideal For Data Visualization And Analysis Essay.

The Benefits of Alibaba's Data Set

The report is based on a practical task operating at the tableau public software, designed as a dashboard that includes the source of the data set, manipulating the data and cleaning it, and using data to create a visualization to present to the specific target audience. This report will discuss why I have selected the Alibaba data set, how virtualizing data allows particular users to get meaningful insight, and what benefits the users from that specific data source. This also discusses the appropriate tools and techniques used to review the process of cleaning and designing the data, what difficulty has been encountered during the implementations stage, and how I overcame it.

We are now living in the coronavirus era, where the logic and procedures of businesses have changed recently. The pandemic has also increased e-commerce platforms' utilization for both investors and consumers. The e-commerce platform has been demanding for many companies and employing choices. Due to my research, I found that Alibaba company data sources become exciting and curious for a small company or start-up business group such as supplier-based and sellers interested in B2B and CSC business strategy and can access many global suppliers.

It includes a dataset layout with additional relevant financial information and an appropriate financial market source, as well as information on the company's number of employees, annual total revenue, total annual income, earnings per share (EPS), return on equity (ROE), and, specifically, with information on Alibaba's annual e-commerce revenue by region and its annual revenue distribution by segment. This sharing data allowed investors to initially open the gates to the broader world commercial and build a strong foundation for its business profile. Such investors and shareholders would also be one of the primary audiences when buying shares could be an easier way for a shareholder to have a better understanding of the company's potential financial source.

The thoughts and viewpoints of internal and external stakeholders have a significant impact on the management of a business organization. The term stakeholder refers to any group, individual, or community that has been or will be influenced by the organization's activities and, as such, should be given a voice in how the organization operates. External stakeholders do not have a direct financial interest in the organization, but they are indirectly impacted by the organization's activities through other means (Casalegno, Pellicelli and Civera, 2017). Businesses are complicated components of the social ecosystem, having an influence on and being affected by a wide range of groups in the external environment on a daily basis. Understanding the demands of both internal and external stakeholders is a critical job for every organization's leader or management. Decisions should be made in a way to  guarantees that the interests of all stakeholders are taken into consideration (Kim and Jeong, 2018).

Employees are vital to firms because they have a direct impact on the level of production and profits. Employees that are happy at their jobs are more productive, which is beneficial to the company and its stockholders. That, at the very least, is the point of view of those on the progressive end of the management-theory continuum. Others, of course, feel that employees do their best when they are under the threat of being fired or fired from their jobs. Some economists believed in the early twentieth century that high levels of employee satisfaction were a sign that workers were being overpaid or underworked (Izadikhah, 2018). There are a rising number of businesses that claim to place high importance on the wellbeing of their employees, and there is a rapidly expanding sector of businesses that offer items that are connected to employee wellbeing. According to the research, employee satisfaction has a significant positive association with customer loyalty and a significant negative correlation with staff turnover. The relationship between productivity and profitability is favorable and robust. Increasing customer loyalty and employee productivity, in addition to decreased staff turnover, is important since it translates into increased profitability for business units, as indicated by a modestly positive link between employee satisfaction and profitability.

Tools and Techniques Used to Review the Process of Cleaning and Designing the Data

The revenue per employee ratio, which is derived by dividing a business's total revenue by the current number of workers, is an important ratio since it approximates how much money each person makes for the company in the aggregate. When comparing a company's own revenue per employee ratio to that of other firms in the same industry, the revenue per employee ratio is most beneficial. Revenue per employee is a useful analytical tool since it indicates how well a specific company employs its employees in the course of its operations. A company's goal is to have the highest feasible ratio of revenue per employee since a higher ratio shows more productivity, which is desirable. In addition, revenue per employee indicates that a firm is making effective use of its resources, in this example, its investment in human capital, by generating employees who are extremely productive. High revenue per employee ratio indicates that a company is likely to be prosperous.

With expanding worries about shortage and imbalance, numerous financial backers are looking for chances to produce both monetary and social advantages to "do well by progressing admirably," as the trademark goes.

The analysis of changes in total income is one of the most important indicators of organisational performance and development that is used in business and economics to analyse the success and growth of a corporation. In order to evaluate a company's overall earnings, investors must be familiar with these key financial parameters. According to economic theory, total revenue may be defined as the total amount of money obtained through the sale of a particular quantity of goods or services. Generally speaking, in business, it is the amount of money made by a firm, which is determined by multiplying the quantity of products sold by the prices at which they were sold. A table or a curve on a graph, depending on the context, is commonly used to represent total income in economics. It is critical to emphasise that, in economics, the concept of income is typically coupled with two other important words: source and destination. Another crucial concept to understand is average revenue (AR), which refers to the amount of money made per unit of product that is sold. Calculated by dividing the total income by the number of units acquired, it is a useful tool in business planning. It is important to note that the second term, marginal revenue (MR), is used to refer to any additional money generated by the sale of a single additional unit of output over and above the base revenue.

The provision of benefits is essential for the success of any firm (Gómez-Bezares, Przychodzen, & Przychodzen, 2016). In any event, the last few years have witnessed an unavoidable recognition of the close relationship that exists between business and society, and the fact that the two are reliant on one another for survival. Almost every component of company is related with an organisation of partners, social progress issues, environmental concerns, and a slew of other considerations and anxieties. Partnerships, in general, have social duties for their clients and representative organisations. In any case, it is essential to investigate whether these social commitments have a negative influence on the financial performance of an organisation or whether they actually assist associations in their efforts to expand and develop. Organizations that treat their partners with respect reap the benefits of increased business and increased profits as a result of the method in which it is used by a large number of partners at the same time to achieve its objectives. Associations are formed in order to better comprehend the viewpoints of its members. Associations have a responsibility to foster moral behaviour by creating favourable conditions for it to flourish (Oh, Park and Ghauri, 2013). Connections are at the heart of the current global information-based economy, and they are essential to the productivity and long-term viability of every firm. According to research, organisations that have strong partner relationships are more helpful and long-lasting than organisations that are only concerned with the primary problem, and this is especially true for charity organisations.

Stakeholder Management and Employee Satisfaction in Alibaba

When an organization's budget summaries are prepared, they not only provide information about the organization's personnel, its operations, and its general state at a specific moment in time, but they also provide information about the organization's financial soundness at that point in time. They provide investors with the information they require in order to make educated judgments about their company securities at the moment when it comes time to make decisions regarding business problems (Shad et al., 2019). For financial backers, bookkeeping and financial summaries are important because they can provide a wealth of information about an organization's pay, costs, productivity, obligation weight, and ability to meet its short- and long-term monetary obligations, among other things, as well as other information.

Profitability ratios such as return on equity and earnings per share are calculated. The return on equity (ROE) gauges how much money shareholders are getting back on their investments. Each share of common stock is worth one penny in net earnings, which is expressed as earnings per share (EPS). In their quarterly and yearly reports, companies often provide earnings per share (EPS) and other statistics. The earnings per share (EPS) is calculated by dividing net income by the weighted average number of common shares issued and outstanding, which is stated in dollars per share (Mughal et al., 2020). Gross sales less the total of cost of goods sold plus operating and non-operating expenditures equals net income (or profit). Administration and marketing are examples of operational expenditures, whereas interest and taxes are examples of non-operating expenses. For the purpose of computing the EPS, subtract any preferred dividend payments from the net income. The weighted average share count takes into account the amount of time each share has been in circulation. The return on equity (ROE) is calculated as net income divided by average shareholders' equity reported as a percentage. The average shareholders' equity across a measurement period is equal to the average of the starting and ending values over the course of the measurement.

The earnings per share (EPS) of a company is extremely essential to all investors since it reveals how much income is made by each regular shareholder. It allows you to have an insight of the profitability of the organisation. In order to measure the value of earnings and how shareholders feel about the company's future growth, investors compare earnings per share to the share price of the company's stock. Earnings per share is calculated by comparing earnings per share to the share price of the stock. If you want to understand what you're talking about, it's best to compare growth investing with value investing. Worth investors hunt for companies that are selling at a discount to their true value today, whereas growth investors place a greater emphasis on a company's long-term prospects and place less attention on the stock's current price (Shaverdi, Heshmati and Ramezani, 2014). Growth investors seek to improve their net worth primarily through long-term or short-term investments in the stock market.

Growth investors make investments in firms whose profits are predicted to rise at a faster rate than the industry or the wider markets in which they operate. As a result, growth investors concentrate their efforts on firms with significant growth potential. Growth investing is based on the assumption that increases in earnings or sales will result in an increase in the stock price in the future. Stock appreciation rather than dividends is the primary source of profit for growth investors, who seek to make investments in fast developing businesses where innovative technology and services are being produced (Bhatta, 2016). Many investors find growth investing to be quite appealing since investing in growth firms may result in substantial profits if the companies are successful. Such businesses, on the other hand, are extremely dangerous.

Revenue per Employee Ratio in Alibaba

One of the frequently overlooked, but still beneficial, side consequences of e-meteoric commerce's development has been the emergence of a slew of independent private label firms, many of which are now supplying some of the most popular items available on the internet. It's no longer unexpected to see a product from a relatively obscure brand outrank some of the world's most well-known companies in rankings simply because of the popularity of the product among customers. As a result of this, it's all too easy to overlook the amount of work that goes into bringing something like this to fruition. Even if having an e-commerce business looks to be uncomplicated on the surface, most brand owners rapidly learn that it is far from it on the contrary. You will encounter a variety of challenges on a daily basis, including constantly expanding working capital, pricing conflicts with well-funded competitors, and supply chain interruptions (Das, Mukhopadhyay and Anand, 2012). Brand owners may still make the process run more easily by taking a few simple actions to make it simpler on themselves, even though these organisations attempt to make their operations as hassle-free as possible for brand owners. Not only is it feasible to significantly accelerate the process by doing so, but being well-prepared and data-centric is also seen favourably by any potential acquisition.

Planning for the long term can help you feel more confidence while negotiating as the deal progresses farther down the line. Moreover, doing some research about the specific acquirer with whom you're speaking is usually a good idea, as it will help you determine whether or not the two of you are a good match for one another. It's likely that different organisations have diverse preferences when it comes to the categories in which their respective brands operate, for example, and that this is reflected in their branding. For their part, roll-up companies look for brands that have a consistent demand curve and do not see a great deal of seasonality in their sales. The single most crucial area in which you, as a brand owner, can significantly reduce the amount of time it takes for your brand to be acquired is in the collection of the relevant information about your brand (Barenji et al., 2019). Purchasers frequently want access to historical sales data, an accounting breakdown of costs, and an estimate of future development in order to make an overall assessment of the company's health and viability. As a result, preparing this material in an easily understandable manner ahead of time might help the process to move forward more quickly and efficiently.

Finally, the easiest and most apparent technique of growing the value of your company is to build a strong and profitable company from the ground up from the outset. The vast majority of successful businesses that are eventually purchased were not founded with the objective of being acquired, but rather with the goal of delivering happiness to as many people as possible rather than maximising profits. Even so, it may be important to have a full grasp of how organisations arrive at values and to use those metrics as guiding performance indicators for your own internal assessment of your brand's success.

Conclusion

Conclusion

A practical assignment completed using the tableau public programme served as the basis for this report. This report portrayed how the Alibaba informational collection was chosen, how virtualizing information permits explicit clients to get critical knowledge, and what benefits clients might get from utilizing that particular information source. Inside and outside partners' perspectives and perspectives considerably affect the administration of an organization association's tasks. With regards to an association, a partner alludes to any gathering, individual, or local area that has been or will be affected by the association's activities and who, therefore, ought to be given a say in the way in which the association is run. Regardless of the way that outside partners don't have a direct monetary interest in the association, their lives are by implication moved by the association's activities in alternate ways. The quantity of firms professing to put a high worth on the prosperity of their representatives is developing, and there is a quick creating area of ventures that give items and administrations that are connected with worker prosperity. By far most of fruitful organizations that are in the end bought were not established with the goal of being procured, but instead determined to convey joy to however many individuals as could be allowed rather than amplifying benefits.

References

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