Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

Compose a 500 words essay on DQ1 e-activity and DQ2 Competitive Advantage. Needs to be plagiarism free!

of buyers had an effect on an industry’s competitive pricing and consumer’s demand for better services, which affects the strategy of a firm (Porters, 2008b, 14). In this case, firms in the industry where customers have bargaining power experienced instances whereby consumers pressed for price reductions. Finally, the rivalry influenced the profitability of firms in an industry depending on the intensity of the rivalry and the basis of a firm’s rivalry (Porters, 2008b, 18).

The online auction industry experiences robust growth due to the ongoing global internet and technological innovations although Yahoo, Amazon, and eBay are the most dominant firms in the industry (Bajari & Hortaçsu, 2004, p. 459). Nevertheless, the availability of online auction software in the industry, coupled with the low costs of establishing start-ups and cheap hosting services available, pose a threat of new entrants into the industry. In effect, the fact that the cost of start-ups in the industry is cheap makes the bargaining power of suppliers low in the online auction industry. On the other hand, buyers in the industry hold high stakes in a company’s profitability and success due to the bidding platform that the industry provided (Pinker, Seidmann, & Vakrat, 2003, p. 1457). In this case, buyers will control a firm’s strategy in the online auction industry since they have an option of buying the same commodities online from other dealers at a price of their choice. On the other hand, rivalry amongst firms in the industry results from the bidding platform offered, which brings intense rivalry (Stafford & Stern, 2002, p. 135). Finally, other resellers and auctioneers that are not internet based pose the substitutes’ threat in the online auction industry.

Stafford, M. R., & Stern, B. (2002). Consumer Bidding Behavior on Internet Auction Sites. International Journal of Electronic Commerce, 7(1), 135-150. Retrieved from http:// businesses

testimonials icon
please give answers to each questions, answer all the question using this book. the book is attached as pdf...
testimonials icon
 Paper instructions: Do you want a similar Paper? Place your order with us and get huge discounts!...
testimonials icon
Order Grade A+ Academic Papers Instantly!...
testimonials icon
Answer the following questions. Each question must have at least 3 paragraphs and you must use at 3 least refere...
testimonials icon
I’m studying and need help with a Nursing question to help me learn....
testimonials icon
/*! elementor - v3.6.5 - 27-04-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading...
testimonials icon
In a written paper of 4 pages, evaluate the current forces driving change in your field or industry. As a leader, or considering the role of a lead...
testimonials icon
The file provides the question and the data needed to answer the question.The report should be written in a Microsoft Word document...
testimonials icon
 Creating the Marketing Plan - Watch the video,...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
$65
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price
$65