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Unit 2 Assignment eBay Challenges

Unit 2 Assignment eBay Challenges

Q Assignment: Examining Business Strategy and the Five Forces Model: The Challenges Facing eBay; Time for Changes in Strategy? This week we look at strategic thinking in the business environment. Your assignment this week is to: 1. First, research and create a Porter’s Five Forces Model of eBay in Word, Excel, or PowerPoint format. Use external sources to assist in populating your model. Next, report and analyze your findings, touching on the following questions: 1. What does your five forces analysis reveal about the nature and strength of the various competitive pressures eBay faces? Are the competitive pressures facing eBay and other online auction companies conducive to earning good profits? Why or why not? 2. Based on your analysis of the industry and eBay’s situation, what problems and issues does eBay’s top management need to address? Which ones are top priorities? 3. What do you see as the key success factors for organizations in the online auction industry? Here are the paper requirements: • Review and follow the grading rubric • Develop a clear introduction, body and conclusion. Use paragraph format and transitions. Focus on quality of writing and content. Your paper should be three paragraphs minimum. Generally, a strong paper will be a minimum of 2 pages. • Use APA format with a title page, in-text citations and references. No abstract required. • Research and cite at least 2 credible sources in APA format. • Upload your assignment to the SafeAssign link by Sunday at 11:59 pm (EST)

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The frequency and the overall percentage of orders placed online for eBay are not such that eBay can be ignored by its competitors like Amazon, Walmart, etc. The market share in the global online retail industry is competed by these organizations along with eBay to get as much as possible. The latest growth rate of this industry has been observed to be at 22.8 % as per the statistics of the year of 2018 (https://www.statista.com/statistics/288487/forecast-of-global-b2c-e-commerce-growt/). The importance of the analysis of eBay’s and the online retail industry’s external environment is therefore, essential.