eBay is an online auction site that connects millions of buyers and sellers every day. Discuss this statement: "An item on eBay is only worth what someone will pay for it."

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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eBay is an online auction site that connects millions of buyers and sellers every day. Discuss this statement: "An item on eBay is only worth what someone will pay for it." 

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'Question is authored in general'

The organization's primary objective will be to have a proper flow of business process, and to increase the profitability of the organization. This is possible with the help of proper planning, and coordination among the employees of the organization.

To have sustainability in the dynamic business environment, entrepreneur should incorporate changes in the business process to cop up with the changing environment. Or else, the company will be outdated, and cannot compete with other competitors in the market. Hence change is becoming essential in current business environment. 

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