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Wednesday, May 15, 2019

Information Management Coursework Example | Topics and Well Written Essays - 1750 words

Information Management - Coursework ExampleThis radical analyzes the unique e- business enterprise place perpetuated by Ebay with respect to conceptual frameworks like Porters five forces model and prize chain analysis. The findings reveal both the competencies of Ebay and the surrounding factors which favored the growth of EBays business model, owe to the need of speed, access and frequency of information managed in the industry. Recommendations follow at last to highlight hardly a(prenominal) of the threats and means to overcome them. Introduction The selection of the topic is very relevant and significant in parity to the increased popularity of electronic means of transactions and trading platforms being devised. Company chosen also reflects alert consideration in this regard because Ebay holds the recognition of being the first ever organization to use information systems as its rivalrous weapon after the dismal performance of Dot.com. While selecting the frameworks to an alyze, both external and inside environment have been taken care of. Porters five forces model helped develop remediate insights about market forces which shaped up the creation of such a business model and value chain analysis helped understand the techniques and strategies implemented by Ebay in turning the industry attractiveness factors to its advantage. function of journal articles from Harvard business review made the work more interesting and valuable as productive level understanding came from experts opinions and observations. Overview of organization- Ebay Ebay holds the accredition of being the first online marketplace for purchasers and sellers to trade online. Transcending from traditional business practices, the core philosophy and positioning statement of Ebay lies in providing a common platform for diverse buyer and seller communities gentlemanwide to transact and achieving a breakthrough by automating the brick and mortar presence of trading. The essence of e- commerce has been established and absorbed more seriously by Ebay than any other online retailer. It presents an example of deploying and using information systems to its competitive advantage because of the primary components of managing information systems in place. From developing technological tools and components to providing for customer support and care, technology stands at the heart of EBays corporate strategy. Even regulatory compliances and IT policies are standardized and adhered to which demonstrates the pure professional military strength of Ebay in adopting information technology as the driver to its Numero Uno status. External environment analysis To establish the uniqueness of e-business model of Ebay through the use of information systems, it is first essential to look at the surrounding factors and their dissemble on the general industry practices where Ebay has placed itself differently. Porters Five Forces Power of suppliers- The field in which Ebay operates is crowded by limitless number of suppliers because online auctioning and internet based buying and selling business has thrived leaps and bounce in the recent years. All the major competitors of Ebay namely Amazon, Yahoo and even Dell has forayed into internet world to offer and sell their products. However, distinguishing factor in this industry is the availability of own warehouses which saves a lot of using up and offers cost effectiveness. While Ebay has developed the market of

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