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Group Assignment
Group Members:
Ashna Panesar
Tanya Kochhar
Mohammed Bilal Ahmed
-A decline in consumer demand for diamond Porter’s Diamond
jewelry that started in 2014 in Greater China had -India has made rapid strides to become
a ripple effect throughout the diamond industry Model (Surat, “The the world's largest manufacturer and
that lasts till date. exporter of cut and polished diamonds.
Diamond City of India”)
-The slowdown has extended to midstream -Continued economic upturn with
companies as they built up inventories and accelerating GDP and disposable income
reduced purchases of rough diamonds. Firm strategy structure growth rates drives local demand
and rivalry.
Chance
• Yes, it is true that, they don’t keep inventories. However, have excellent supply chain &
logistics system in place. That helps them to fulfill customers order in given time limits.
• It is a platform/market place where suppliers list their products and buyers buy from
suppliers, not Alibaba.
• They are market place operators, taking a percentage of every transaction they facilitate,
even though the goods or services are transferred directly between the supplier and
purchaser.
• Thus, Alibaba provides software that facilitates transactions between people who need to
buy physical products and people who have physical products to sell. In other words, it’s a
company that facilitate digital market places that allow other parties to conduct
transactions of physical good.