Crystal,

From the case study, evaluate the efficiency of eBay's evolving business model within the retail auction industry. Next, compare the key difference of the evolving business models of both eBay and its major competitors.

EBay business model is a unique combination of functions that has been successful implemented in the initial state of its operation they are a company that adapt to changes hastily and learn how to meet the demand of the market. The main objective was to provide a safe environment for sellers and buyers in an auction style that is secure for both parties in hopes of one gaining a product him or her desire through purchase as well as the other party being monetary compensated for their sale. Since eBay being in operation close to a decade and being well establish...