eBay: Connecting in China December 1‚ 2005 The Problem: Causes and Symptoms The problem for eBay is how to factor the new Chinese business landscape‚ its conditions‚ culture and constraints so that it can penetrate into the large Chinese market. This is the challenge identified because Whitman‚ the company’s CEO‚ has announced that the goal for the company is to reach the $3 Billion sales level by 2005. In order to reach this new milestone‚ the company would need to look for key markets
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eBay Case Threshold resources • Offices and facilities • IT server platforms and appropriate software • Personnel with in-depth IT knowledge • All other appropriate personnel • Sufficient customers and suppliers Threshold competences Unique resources • Being the first • Web 2.0 management skills • Electronic platform management skills • Leading technology expert • Active community of users • eBay brand • Partnering on the internet • Biggest electronic exchange platform SWOT analyse:
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Question 1 What are the business benefits to Amazon and eBay of opening up some of their database to developers and entrepreneurs? Do you agree with this strategy? Why or why not? Amazon and eBay have opened the database doors to thousands of developers and entrepreneurs since 2002. They realized very quickly the benefits of this‚ which was once thought of as risky experiment. A database is a collection of information organized in such a way that a computer program can quickly select the desired
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UVA-F-1357 EBAY INC. (A) Gary Bengier‚ Chief Financial Officer and Vice President of Operations at eBay‚ clicked on the send button as he emailed the week’s financial update to Pierre Omidyar‚ the company’s 31-year old chairman. It was September 15‚ 1998 and Wall Street was still reeling from a summer of severe market volatility. Much of the market’s instability could be traced to bearish worries over a deepening and continuing economic crisis in Asia and other developing markets. Many investors
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The Internet Revolution Now‚ with the click of a button‚ consumers are buying just about anything imaginable‚ and all from the convenience of the internet. People no longer have to leave their homes‚ work or where ever there is internet access to make important purchases. Technology has advanced so that companies are conducting business around the world with out ever meeting. No longer do consumers or businessmen have to shake to complete a deal or a sale‚ but merely click down on the mouse
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What is an E- Commerce? Electronic commerce‚ commonly known as e-commerce or e-commerce‚ is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce‚ electronic funds transfer‚ supply chain management‚ Internet marketing‚ online transaction processing‚ electronic data interchange (EDI)‚ inventory management systems‚ and automated
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Discussion Questions – BUS690 Fall 2009 Case 1: Saffronart.com: Bidding for Success 1. Identify the positive and negative effects of the general environment faced by Saffronart.com. Positive: Economic Segment: Global positive macroeconomic trends‚ Increase in economic productivity. India is now emerging as an international presence in business Demographic segment: Trend in international tastes‚ Art works are not only selling in India or New York but worldwide‚ which extend the geographic
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TERMS OF REFERENCE (TOR) Project Title: E-Commerce (Internet Application Dynamic Website) Project Supervisor: Sandro Sampio Date: 17/10/06 Project Aims The purpose of this project is to develop an internet application which will be a dynamic website (E-Commerce website)‚ that provides a service to customers who wish to purchase music online either in a downloadable format or have their compact disc posted out to them. Project Deliverables As my project falls under the system
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In modern society‚ the options for the consumer are endless. Brick and mortar businesses are starting to become an endangered aspect of the business world. Many companies are turning to e-commerce and e-business. One recent statistic states‚ “E-commerce and online auctions will see a 16.9% revenue increase by the end of 2009.†There is no doubt that E-commerce is taking its turn in the consumer world. Among this research is the corporate giant‚ Wal-Mart. In this paper we will be discussing
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being sold on the website. The main use or objective of the business is to make sure that the tangible goods which are sold on the website can be traded in a safe and a secure manner without inconvenience to the consumers. The most important role for eBay in this entire process is to simulate and maintain the strength of the various virtual ties of the organisation which can lead to safe and secure transaction of the
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