Similarities and differences among the name-your-own-price

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Reference no: EM13102060

Q. Please expect following request of 3 questions

1. One of the key motivations for developing an e-commerce site is to have immediate access to a much larger market. Explain the benefits as well as the limitations of an increased market reach.

2. Illustrate what are the major similarities and differences among the name-your-own-price model and the electronic tendering system?

3. Visit both the Google and the Yahoo! search pages. Compare the business models of the two sites. Illustrate what do they have in common? Illustrate what are the differences?

Note: These questions are from study material Electronic Commerce - A Managerial Perspective 2008.

Reference no: EM13102060

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