The business model of eBay is based on facilitating peer-to-peer trading in an auction format by means of the online trading semipolitical platform . Therefore it acts as a virtual securities industry in which buyers and sellers can conduct transactions . eBay s competitive favour stems from the usable framework which demanded little supervision . This enabled the bon ton to minify its cost . Its globalization thrust is based upon conducting commerce that is sustained by trust and inspired by opportunityeBay s mall readiness is in finding solutions to the gaps in the business model . For employment , in the initial stages facilitating the transfer of funds from buyers to sellers was the limiting gene . The company addressed this factor through acquiring PayPal , an online monetary aid that enabled anyone with an email ad dress to transfer funds electronically . This core competency has enabled the company to implement the chosen system of maintaining a flexible system that can be wide functionally with minimal supervision .
The flexibility of the system has been kept up(p) with redundant features such as the installation of Skype which as a package protocol enables Voice over Internet protocol calls amid Skype users online with the additional feature of low-cost connectivity to traditional fixed-line and mobile telephones . thusly the core competency in maintaining a flexible manifestation has been sustained facilitating t he strategy of global expansion . The flexib! le cordial system has enabled the company to develop mechanisms such as the abdominal aortic aneurysm class which has been critical in promoting the global strategyeBay has configured its nurture chain...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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