What was original business model conceived by will seippel

Assignment Help Operation Management
Reference no: EM133139432

WorthPoint is an online service letting customers determine the likely resale value of their art, antiques and collectibles. WorthPoint offers a vast database of historical prices for auction sales of personal property, focusing mostly on antiques and collectibles. It is especially popular with antique shop owners and serious collectors, but can also be used to value just one or two items - typically of interest to those who have inherited "grandma's china." As you read the WorthPoint case, be thinking about these questions:

What was the original business model conceived by Will Seippel?

How did the business model change through the years? Why?

Would you call WorthPoint a success today? Why or why not?

Reference no: EM133139432

Questions Cloud

Training methods of bank tellers : 1. Describe the methods or combination of methods you would recommend to train BB&T's teller on Apple pay. Justify your choice of methods.
Calculate the dividend per share on ordinary shares : Garden Gloves has issued 50000 ordinary shares of 50 cents each and 20000 7% preference shares of $1 each. Calculate the dividend per share on ordinary shares
Becoming a difficult recruitment marketplace : "The employer brand is the most powerful tool a business has for attracting, engaging and retaining the right 'talent culture fit' in what is increasingly becom
What effect do these errors have on the reported net income : Assume that the required adjusting entries have not been made. What effect do these errors have on the reported net income
What was original business model conceived by will seippel : WorthPoint is an online service letting customers determine the likely resale value of their art, antiques and collectibles.
Consideration of an organisational hierarchy : Explain how complaints received may be communicated in consideration of an organisational hierarchy.
What are breakeven sales in dollars : The selling price per dozen is $5.00, variable costs are $3.00 per dozen, and tonal ?xed costs are $1,000. What are breakeven sales in dollars
Identify the amount of revenue to be recognised : A travel agent sells 4 theme park tickets at £250 each on behalf of Disneyland. Identify the amount of revenue to be recognised
Reflect on the role of slavery in southern life : Reflect on the role of slavery in southern life (both material and cultural levels).

Reviews

Write a Review

Operation Management Questions & Answers

  Your firm must decide if-when to replace existing machine

"Your firm must decide if and when to replace an existing machine. Consider the following information.

  Calculate the Checksum of the words I bite

The decimal value of each character in the words is listed in the table below. Please calculate the Checksum of the words " I bite". You need to show the computation process.

  Primary consideration is holding cost

A manager at Stateline Manufacturing must choose between two shipping alternatives: two-day freight and five-day freight. Using five-day freight would cost $138 less than using two-day freight. The primary consideration is holding cost, which is $10 ..

  How the selected process fits into the overall framework

A step-by-step description of the current process. This can follow a similar example of the Hewlett Packard situation in Section 19.1 of the textbook related to postponement and customization with local printer configurations. An analysis of the c..

  Reflect on the key components that make project successful

Reflect on the key components that make a project successful. Include factors in planning, implementing and closing.

  External and internal information on international markets

List five sources of external and internal information on international markets.

  What is the earned value of the work completed

You are the project manager of a home improvement project. One of the work packages in your plan called for painting 10 equally sized rooms. The budgeted cost of this work package was a total of $2,000. In your team meeting you are told that 6 of the..

  About the maintenance planning

Maintenance Planning: In a large hotel, the maintenance department is responsible for repairing anything that breaks in the rooms.

  How are they used to construct a project schedule

What are dependencies / logical relationships between project activities? How are they used to construct a project schedule?

  Right of employees to bargain with their employers

Have unions outlived their usefulness in the US economy, should be shut down as a right of employees to bargain with their employers?

  What is the value of the economic order quantity

How much palm oil should Sarah purchase with each order (in kgs), i.e., what is the value of the economic order quantity (EOQ)?

  What is the optimal order quantity-optimal reorder point

John manages a convenience store in which he sells phone cards to consumers. What is the optimal order quantity? What is the optimal reorder point?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd