This website uses cookies to ensure you have the best experience. Learn more

Ebay Strategy In China Essay

911 words - 4 pages

1. Limited financial regulation and enforcement
The less robust financial regulation system in Asia presents corruption risks and legal compliance issues for American companies that must comply with the Foreign Corrupt Practices Act. The ownership of wealth in Asia is generally highly concentrated, which contributes to the acceleration and agility of domestic businesses and the economy.
Yet, this relative economic transformative speed encourages corruption and back-channel methodologies, and American companies operating under compliance protocols may be less competitive in this particular climate. For instance, the government in China established five to ten year plans for local businesses ...view middle of the document...

The Impact of International IP theft report has determined that the U.S. loses over $300 billion per year on exports to Asia.
This reveals the need for companies to develop innovative products and services that can differentiate their enterprises from the competition and prevent intellectual and technology theft. However, american enterprises are not protected under the local legal system and struggle to adapt to this unstable environment and thriving counterfeit market. Questions exist about the impartiality of the judiciary and its ability to set meaningful precedent.
4. The unique business culture
The unique business cultures and non-Western political ideologies in Asia intensify protectionism towards the domestic economy, particularly in China and Japan. The interference of the government in the private sector can impede business contracts, erode partnership stability, as well as pressure American companies to incorporate domestic interests in their local partnerships.
South Korean government has heavily regularized foreign investments and favors domestic industrial conglomerates, the chaebols, to drive the country’s rapid economic growth. Thus, it has become the norm for American companies to create partnership with domestic enterprises in South Korea to enter the particular market, at the cost of losing total control of management.
Executives in American companies must adapt to the particular business ethics in Asia and adapt to the heavy clout of political and business connections that can impact their market performance.
In addition, to match the increasingly sophisticated consumer demands in Asia and adapt to the different business cultures, companies must heavily invest in development of their own corporate culture, via infrastructure and people, as a means of mitigating detrimental impacts of the domestic business culture. The development of a corporate culture within a non-Western business environment is a significant expense and reveals...

Other Papers Like Ebay Strategy in China

EBay: In A League By Itself

3963 words - 16 pages given a major boost by Yahoo. Yahoo decided to buy into the company, giving them 40% control. With China's increase in the number of Internet users, there were no signs of any slowing down which promotes only good things for Yahoo. eBay was already having some problems in China with Alibaba, and now that Yahoo has pumped some life into the company, eBay could be in for a long hard road overseas.Amazon Auctions: Amazon.com has a business strategy to

Ebay's Problems in the Asian Markets

1322 words - 6 pages Mistakes they made After struggling to establish a standalone presence in China, eBay announced on December 20, 2006, that it will set up a joint venture with politically well-connected Tom Online, a wireless Internet company with value-added multimedia services in China. Despite eBay's attempts to put a positive spin on the report, most analysts view eBay's deal with Tom Online as yet another failure of a foreign Internet company coming

Why Ebay Lost Taobao

2855 words - 12 pages technical opinion DOI: 10.1145/ 1435417.1435450 BY CAROL XIAOJUAN OU, ROBERT M. DAVISON Why eBay Lost to TaoBao in China: The Global Advantage electronic commerce involves electronically-facilitated transactions between consumers through third parties.9 In China, a number of C2C platforms have emerged, such as eBay (China), TaoBao and PaiPai. TaoBao, established in 2003, has quickly assumed a dominant position in this market, underlined

Ebay Inc. Case Analysis

1399 words - 6 pages Organizations normally reformulate their marketing strategy several times during a product’s life cycle. Economic conditions change, competitors launch new assaults and the product passes through new stages of buyer interest and requirements (Kotler, 2001, p. 484). Consequently a company must plan strategies that address any changes in the market. ebay Inc. is the world’s largest and most popular person-to-person trading community on the

Ebay Accounting Analysis

1922 words - 8 pages growth but also could easily wipe out its standing as the leader in global online auctioning. Opportunities New and Emerging Markets Emerging economies such as India and China provide new opportunities for the company. With these countries getting richer, the huge market in these two countries could be a good source of profits and growth. Market Penetration Only a portion of internet users actually buy from ebay. Simply by

Ebay Marketing

3065 words - 13 pages Amazon.com leading the charge. All of these companies are a threat to eBay’s market share. While this competition is difficult and demanding, eBay continued to grow throughout its years of activity due to its unique strategy of acquisitions and augmenting its market share. EBay understood that the key of growth and development is also to expand to global reach, in this globalized society and it knew how to use its brand recognition to its benefit

Amazon vs Ebay

764 words - 4 pages creating a profound brand, and that can take a long time. In addition, stopping or slowing down expansion of the company may let the competitors take away market shares in the short run. However, since both strategies are aiming for the long-term success, the strategy that I propose can be implemented quickly without disrupting their main operation of business. Thus the recommendation I made for eBay is to strengthen its brand identity first, which

Buy Stone Crusher in Dominica

577 words - 3 pages stone crusher | eBay - Electronics, Cars, Fashion Find great deals on eBay for stone crusher and concrete crusher. Shop with confidence. Storz Style Stone Crushing Forcep 27074B | eBay STORZ (style) STONE CRUSHING FORCEP 27074B in Business & Industrial, Healthcare, Lab & Life Science, Medical Equipment | eBay crusher in Business, Office & Industrial | eBay Find crusher and screener from a vast selection of Business, Office &amp

International Business Environment

4910 words - 20 pages metamorphoses, working in groups and harmonizing the individualistic work-style of foreign managers will result in increased cohesiveness and cooperation leading to the fruition of better results. China Recommendation The Chinese e-commerce industry remains to be a highly lucrative investment choice, and for the right companies such as eBay, it may be extremely profitable to enter. However, companies entering China have to be aware of the

Twitter Bootstrap Dropdown on Hover

728 words - 3 pages leader for the long tail. The key difference between eBay and Amazon isn’t auctions vs. fixed price sales (the majority of eBay sales aren’t auctions anymore). It is that eBay doesn’t take inventory, and prefers to be an intermediary that facilitates peer-to-peer commerce. This strategy wins if e-commerce becomes more decentralized, with the majority of commerce continuing flow through small to medium retailers. In this world, eBay makes money

Case Study: Paypal Has Company

2166 words - 9 pages . PayPal introduced a new micro payment pricing plan designed to increase and encourage the purchase of low-priced digital goods. PayPal is also pursuing an overseas expansion strategy. It has added localized Web sites in China, Australia, Italy, and Spain to a list that already included Canada, Austria, Belgium, France, Germany, the Netherlands, Switzerland and the United Kingdom. In 2007, businesses or consumers with e-mail could use PayPal to send

Related Essays

Ikea Strategy In China Essay

984 words - 4 pages Ikea Strategy in China I. Ikea strategy in China II. Comparison Supor, ASD and Ikea (regarding to cookware) Sources I. Ikea in China IKEA has

Coca Cola Marketing Channel Strategy Study In China

3232 words - 13 pages Coca-Cola marketing channel strategy study in China Chapter Coca-Cola Company's development in China         Section the basic situation of Coca-Cola Company         1. Coca-Cola and the company's produce         Coca-Cola, the world's one hundred years the popularity of the wonderful liquid is from the United States in 1886 in Atlanta, Georgia pharmacist John Dr. Peng Bodun (John S. Pemberton) in the backyard at home, will

Business Performance Management Essay

528 words - 3 pages States, I wouldn't call Skype a household name outside the usual geek circles, while everyone knows about eBay. In places like China and eastern Europe, the situation is reversed. My Luddite old mom back in Sweden uses Skype for all her long-distance calls, for example. eBay has squandered this opportunity in the US.

Alibaba Taobao's Essay

837 words - 4 pages 2003/2004 and was actually doing well in the beginning because China's C2C online industry was pretty much non-existent at that time. Ebay came in with a load of cash and quickly caught people's attention. Also, more than 50% of global Internet population is in China, and that number is growing fast. Evaluate Taobao’s growth strategy and execution, what would be the biggest challenges for the Taobao’s global expansion? When Ebay launched in