Contents
Introduction 2
About eBay 2
Business pressures for eBay 3
Management theories 4
Conclusion 5
References 6
Description
Digital economy evolved in late 1990’s which involved global network of the relevant activities by using internet, mobile etc. It consists of the transactions, exchange, interactions, and communications of huge amount of information stored in the database and which also has information of the relevant fields globally. Due to the growing population, technology and the movement of the resources digital economy has been adapted in various fields such as banking, health, education, business along with trading. Lately the government has also been keen in adapting the technology. It has enabled the processes to be done faster with convenience and accuracy. The IT management theories help to analyze and plan strategies to adapt to the rapid changes of today’s organizational environments. The report talks about eBay, the company which is widely involved in online auction and shopping of various kinds of products. The report discusses the business features of the company and the issues they have to face and recommends few solutions.