eBay Open Case Study

eBay Open Case Study

Company Overview

eBay is an auction site geared towards products through the internet. It is one of the pioneers in this type of transaction, having been founded in the year 1995. Since 2002, eBay owns big brands like PayPal. The US-based company operates the world's largest Internet auction house (Wright, 2006). The company also has a strong presence in major European markets like Germany, Switzerland and Austria. Over the years, the range extended from a consumer-to-consumer marketplace with flea market-like character to a business-to-consumer platform that is increasingly available from commercial vendors in contrast to the second-hand private providers (Wright, 2006).

In 1999, its stock trade begins in the index Nasdaq.

In 2001, the group acquired French iBazar by $ 100 million, expanding its market business to Europe.

In 2002, the company purchase PayPal.

In May 2005, the online classifieds buy Loquo (Wright, 2006).

In 2013, eBay Braintree buys rival for $ 800 million.

Task 1 (LO 1)

1A) Types of Organizations

Sole Proprietorship

The Company individually, is one in which the owner is an individual, who benefits from the proceeds of the production activity of your company, but also assumes losses even at the cost of its assets. This is clearly due to that it is a "sole" proprietor in the sense that the owner has no partners (partnership). This may respond against third parties with all their property, i.e., with unlimited liability, or only up to the amount of the contribution to its formation in the case of individual limited liability companies or EIRL. It's the easiest way to establish a business and is usually small or family businesses. The main advantages of a sole proprietorship are that they are easy to implement, as are generally subject to regulations and formalities simple. A sole proprietorship is a business organized, so that a single trader will probably have difficulty raising capital, as it has to recover all funds of the company. The owner of the business has unlimited liability as it is responsible for the debts of the company because it has no control over the business. A disadvantage of a sole proprietorship is that as a business is successful, the risks accompanying the business tend to grow. To minimize these risks, a single owner has the option of forming a corporation, or, more recently, a limited liability company Single.

Partnership

It is an empirical concept, given the evolving relationship between their actions and actors. Changes as used in one or another field, the local development, the development cooperation, or formative relationships, personal, cultural, etc. According to the United Nations Program for Development (UNDP), the partnership is a way of understanding development through participation, through dialogue and negotiation among various stakeholders that establish a program of joint actions, so that beneficiaries transformation into full action actors of development. Always with respect to indigenous knowledge and local perspective. The concept of partnership is born in Western society, while collaboration between various partnerships or partners can be given between all kinds of countries, as partnership is the collaboration ...