Monday, July 6, 2020
A Case Study Of Some Of The Challenges Facing E-Bay Company - 550 Words
A Case Study Of Some Of The Challenges Facing E-Bay Company (Coursework Sample) Content: Name:Instructor:Course:Date: Answer questionsCase study of eBayQuestion OneEBay as any other company had its challenges and problems that faced it. Some of the key issues faced included:Periodic System Outages EBay is an internet-based company, and as such, a lot of activities were carried on in their servers. The company had a multitude of users on a daily basis and this required powerful systems. Unfortunately, the company had not invested enough in this area. This led to occasional system outages. In fact, it was estimated that the company systems recorded over 50 million page views and over one million bids in April 1999 (Hill, Linda and Maria 7). Notwithstanding that, it lacked a chief information officer to coordinate these activities. Community Safety IssuesThe company experienced issues to do with community safety issues. People raised a lot of criticism on this matter. It was alleged that the company participated in the sale of illegal merchandise, fraud, s hill bidding and deadbeat bidding. All these issues could lead to an erosion of trust among their customers. Of particular concern was the sale of pirated computer games.Sale of FirearmsThe companys policy on the sale of firearms was also a critical issue. It was highly likely that the firm would have led to the auction of guns illegally. The company had to eliminate the sale of weapons from its site. Its sale had a negative implication on its reputation as a global platform.Competitive LandscapeAs the business grew, the challenge of competition grew. The company had to improve and maintain its market share to continue building its profile. A serious challenge from Amazon.com entry into this business was identified. Its entry in the business also had far-reaching implications on the e-commerce business future. Question Two: The company had a unique internal culture designed to mirror its external relations. The culture was described as being an open and low risk. All the company emp loyees were allowed to give their views in the matters concerning the company. One remarkable way of this culture was tolerating mistakes by employees. However, employees were expected to learn from such errors. Senior managers acted with professionalism and respect. It was nonhierarchical and democratic to promote mutuality among employees and customers (Hill, Linda and Maria 2).Question Three: The organization faced several challenges in its culture as it grew. Some of these problems included.Hiring of More Employees The company increased its employees. This was a challenge since inducting these new employees to the culture of the business raised many technicalities. For instance, new people could come with different views and ideologies. These had to be aligned to companys culture. The writer says that the company had to employ people who fitted with their culture. She further indicates that they could not allow the companies culture to slip (Hill, Linda and Maria 17).Dealing w.. .
Wednesday, July 1, 2020
Why Notre Dame Wants Biz Students to Look Beyond Finance
Why Notre Dame Wants Biz Students to Look Beyond Finance by: Andrea Carter on June 19, 2018 | 0 Comments Comments 721 Views June 19, 2018West side of the Mendoza College of Business. Photo by Matt Cashore/University of Notre Dame University of Notre DameAccording to the University of Notre Dameââ¬â¢s most recent First Destination Report (published in 2016), finance graduates from the Mendoza College of Business claimed second place for highest starting salary across all majors in the universityââ¬â¢s graduating class. With a median starting salary of $72,000, these newly minted finance alums tied in second place with computer engineering grads, yet they edged out other top-earning majors including mechanical engineering and aerospace engineering. Looking at just the business school ââ¬â ranked fourth on PoetsQuantsââ¬â¢ 2017 list of Best Undergraduate Business Programsà ââ¬â finance grads came out well ahead of all the other majors. Those going into IT managem ent self-reported a median earning salary of $64,000, management consulting $60,000, and accounting $59,000. Marketing students self-reported a median starting salary of $55,000.By far, finance appears to be the most fruitful. But the glamour and appearance that finance is the only way to land a rewarding career has the admissions team concerned about an over-focus on getting finance jobsà and similarà misconceptions in business education. à PoetsQuants for Undergrads spoke with Raymond Vander Heyden, the assistant director of Notre Dameââ¬â¢s centralized Center for Career Development and learned how the school is grappling with these misconceptions. In this in-depth interview, he shares Notre Dameââ¬â¢s approach for prepping students for the job market and how his office helps students balance exploring their interests and passions in an era where accelerated recruiting practices are taking business schools by storm.PQ: Whatââ¬â¢s Notre Dameââ¬â¢s approach for pre pping students for the job market?Raymond Vander Heyden is assistant director at Notre Dames Center for Career Development. Photo courtesy of the University of Notre DameVander Heyden: Notre Dame Mendoza is a great school, but at the career center we encourage students to get involved in other organizations. Youââ¬â¢ll learn a lot.The Student International Business Council is one of them. This organization does real-life projects and there might be 50 or 60 companies per semester. Itââ¬â¢s open to any major and students are divided into teams to work on projects for the companies. The teams may be comprised of business students, economics students, engineering students. This is great because most jobs are cross-functional, right?à I think it gives students the opportunity for hands-on learning, to learn about collaboration, and younger students get to learn from older students. They present to a panel from that company, typically in the companyââ¬â¢s headquarters city. Th ere are lots of organizations like this. There is a Wall Street Club. Then there are probably five or six investment clubs on campus. Consulting Connect is another one. They bring in consulting companies to talk about case interviewing and how to prepare for that. Students help and practice with one another. Each of these student clubs are non-credit bearing. These co-curricular activities really give students a great opportunity to explore different things and learn how to work with a team. It also helps address some of the accelerated recruiting weââ¬â¢re seeing from companies.We also encourage them to join organizations they just have an interest in. Itââ¬â¢s not just business. If youââ¬â¢re interested in chess, join the chess club. Youââ¬â¢ll learn how to work within a team, maybe even get a leadership position.Use this time to pursue things youââ¬â¢re interested in because you wonââ¬â¢t have much of an opportunity in the next five to 10 years to do so. Youâ⠬â¢re also going to learn skills you can apply in your career.PQ: What do you wish students would change when it comes to career planning?Vander Heyden: I wish theyââ¬â¢d do more exploring and discerning. Certain careers sound glamorous such as investment banking and consulting. Certainly those are great careers, but there are so many more options beyond that. I have no problem if you really looked at it and want to go into it, then great. But, do you know what a career in professional sales means? Itââ¬â¢s not standing in a mall selling cell phones. There are great careers and sometimes they donââ¬â¢t sound as glamorous. Thatââ¬â¢s why we have panels in corporate finance, professional sales, and things like that to get our students exposed.PQ: Whatââ¬â¢s the biggest mistake students make in their career planning? Vander Heyden: I think certainly weââ¬â¢ve always encouraged students to do the due diligence before the interview. Not only the company but the industr y theyââ¬â¢re interviewing in so they can have a good conversation. Know the trends and the major news about the company. Things like this are important so they can have a good conversation, ask some insightful questions, and make an informed decision. Page 1 of 212à »
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