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 food market in which buyers and sellers can conduct transactions . eBay s competitive prefer stems from the usable framework which demanded little supervision . This enabled the bon ton to depress its cost . Its globalization thrust is based upon conducting commerce that is carry on by trust and inspired by opportunityeBay s mall might is in finding solutions to the gaps in the business model . For practice session , in the initial stages facilitating the transfer of funds from buyers to sellers was the limiting part . The company addressed this factor through acquiring PayPal , an online pecuniary aid that enabled anyone with an email address to transfer funds electronically . This core competency has enabled the company to implement the chosen outline of maintaining a flexible system that can be all-embracing functionally with minimal supervision . The flexibility of the system has been maintained 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 . therefrom the core competency in maintaining a flexible verbalism has been sustained facilitating the strategy of global expansion . The flexible tender 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 lever chain...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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