EBAY in Japan Pierre Omidyar‚ a software programmer created Auction Web which later became eBay in 1995. Over the next 11 years it would acquire 24 companies making it a very successful company. In the late 1990’s eBay began to explore opportunities in the international market. It’s website was gaining popularity in Canada‚ the UK‚ and Germany. As its popularity increased it began to set up websites in several European Countries including Korea and Australia. It soon began to venture out
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International Management Reflection paper on eBay in Japan There are many reasons why things didn’t work for eBay; one of the main reasons was the dominance of Yahoo Auctions in japan. Since they are the first ones to get in the market‚ they have more experience of how to fit in the Japanese market and these leads to a series of things attract new sellers‚ which brought new buyers and according to Masahiro Inoue‚ president CEO of Yahoo Japan in auctions more buyers bring sellers (pg285). What
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Executive Summary This report seeks to evaluate the major issue facing eBay with regards to its international strategy. This will be done through the analysis of eBay’s competitive environment using the Porter’s 5 forces and positioning in the industry using the BCG portfolio matrix. Following which‚ we will proceed to identify the sustainable competitive advantages of eBay using the resource-based view of the firm. The core competence of eBay will also be discussed. Through an overview of the above mentioned
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eBay Introduction In this paper‚ eBay’s strategy for its growth through the years 2001-2010 is analyzed. eBay has tried itself to expand and diversify through its various business strategies. This paper would analyze the major strategies that affected the eBay’s growth positively and negatively. Mergers and Acquisitions One of the widely used strategies for diversification is Mergers and acquisition. Companies acquire stakes in other companies and control them. Some companies follow the strategy
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First of all‚ eBay has to deal with more and more competitors in the e-commerce market. For instance‚ both Alibaba and Walmart said in 2009 that they were launching competitors in the US to services like eBay and Amazon. The problem is that small share gains over time (for new entrants) could potentially pinch margins at both Amazon and eBay. That is why eBay has to improve its competitive strategy. What I recommend to the company is to think about strategic collaboration with global social networks
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References: Welsh‚ Ron. How Cultural Differences Affect Your Global Marketing Message. Raw Power Writing. Retrieved from: http://www.rawpowerwriting.com/article.asp?id=9 Entering a Foreign Market. Advice Center. BDC Entrepreneurs First. Retrieved: http://www.bdc.ca/en/advice_centre/articles/Pages/exporting_entering
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CULTURAL INFLUENCES ON JAPAN. Cultural influences are geographical‚ historical as well as familiar features that have an effect on the assessment and intercession processes. These influences are always reflected in the society. In this case‚ cultural influences on Japan come from the ambitious Han dynasty in China‚ Korean customs‚ the spread of the Mongols‚ and the birth of Islamic advancement. All those events are reflected in Japan’s culture today which makes Japan a complicate country to develop
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Japan Cultural Profile: Japan Alejandra Valencia-Gomez Student ID: 958609 Cross Cultural Communication‚ Section B Professor Gibson Tuesday 15 November‚ 2011 When entering a guest country‚ customs are not exactly‚ or nowhere near‚ the same as what they are back home. However‚ there are always general guidelines to aid your time in your welcoming country. For example‚ in Japan avoiding confrontation is essential. The Japanese will often withhold from expressing their true feelings in order
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COMMENTS THE TRANSNATIONAL APPLICATION OF SEXUAL HARASSMENT LAWS: A CULTURAL BARRIER IN JAPAN JACQUELINE M. EFRON* 1. INTRODUCTION Globalization is shaping the world in which we live.’ Although globalization began as an economic process‚ it has turned into a cultural‚ political‚ technological‚ environmental‚ and humanistic event.2 Globalization has forced corporations to expand their operations across geographical borders‚’ and has resulted in an increase in the number of multinational
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contributed to the success of eBay using the value-chain analysis or RBV concept? In 21st century the internet population started rising across various countries of Asia and eBay is the largest and leading provider of online auction for consumer-to-consumer in the world. Using the Resource-Based View concept‚ we will first identify the three key types of resources that eBay possess‚ and these are the competitive advantages that contributed to the success of eBay. 1. Tangible Resources
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