Thursday, February 13, 2020
PMI and factors for problems solving Essay Example | Topics and Well Written Essays - 500 words
PMI and factors for problems solving - Essay Example To solve this problem, PMI needs to address the basic issue of illegal selling and must attempt to make fundamental changes in the way it does its business. It is imperative that therefore the best solution for PMI would be to re-assess its selling strategy in order to align it with the market. Market trends are clearly showing a very diverging view as in comparison to PMI's current strategy therefore a complete revamp of its strategies including further refinements in its segmentation as well as supply chain management. This will allow PMI to be successful because it will re-focus its strategy on aligning it with external reality as well as it will allow PMI to further refine its internal strengths to meet external threats. From the facts provided in case study, it seems that eBay is battling on many grounds especially on ensuring secure, transparent and ethical trade. Since eBay is a unique business model where it earns its revenue by performing the role of an intermediary therefore it somehow kept itself protected from the disputes arising out due to fraudulent and illegal transactions using eBay as a channel. Since eBay has not transformed itself into a global company therefore the immediate groups of people who have a role to play as a response to eBay's problems are the buyers and sellers
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