Auction College Essays Samples For Students

E-commerce, or electronic commerce, is the new business model that came with the Internet. It emerged as a new platform for business ventures with the aid of the newest technologies to everyone. In line with this, online auctions have also become apparent. Online buying or shopping is now the easiest way to acquire items. Online shops like eBay and Yahoo! enabled millions of bidders from around the world to join auctions. However, even if the internet revolutionized the auction world, it has brought some drawbacks such as reduced information transfer between seller and buyers. Fraud increased with the onset of ...

Description

The Independent Value Model provides variables for research calculations of various different types of auctions. The auction website under study is https://www.autorola.eu/. The website offers cars for auctions. There are online sellers and bidders and website makes money through charging the sellers for placing their bids. The website has around two thousand unique visitors per day and its worth is about USD 12,000. Moreover, it has been making handsome income of about USD1000 per month, according to web statistics provided by http://webworthcalculator.com. The yearly income is around USD 14,000.
The website does effective marketing to reach ...

An auction is the course of buying and selling of goods and services by presenting them for a proposition, taking propositions, and latter vending the item to the highest bidder. The process of auction has a long history tracing their origin back to the 500 BC where beautiful women were held for auctions. In the 18th century, actions by candle began to be applied for the sale of goods with the auction coming to an end when the candle flame is blown out. In the contemporary world, however, the auctions have progressed to the point where it is done over the ...

a).
In the introduction of the article, “Counterspeculation, auctions, and competitive sealed tenders” William Vickrey (1961) mentions the study by A.P Lerner titled “Economics of Control” which suggested a strategy known as “counter speculation” that can be used by state agencies in imperfectly competitive markets to create conditions that facilitate the maintenance of marginal conditions for efficient resource allocation. Vickrey however mentions that the process of carrying out this strategy was not clearly laid out in this initial study. Vickrey then suggests that studies seem to indicate that most of the devices incorporated into this strategy often turns out to ...

There are numerous benefits of Internet auctions to sellers, buyers and market makers in an auction.

Internet technology has changed the manner in which business can be conducted, online auctions allow users to participate in online markets without the limits of time or geographical location. This nature of doing business online is flexible; just with a computer device and internet connection, users can buy products online cost- effectively, this platform has a lot of advantages and a few disadvantages.

Advantages include:

A physical location is not necessary
The products being sold in an online auction do not require a physical location, it is possible to manage the inventory online. Once a sale has been done, then the ...

11th of May 2016

Chinese Contemporary Art. Art Galleries.

Introduction

The emergence of art galleries of contemporary art in China of the XX century, and their rapid growth was due to strong public interest in the arts, new creative trends and evidence of qualitative changes in the perception of contemporary art by the audience. This modern audience with its subtle psychological systems and the pursuit of individual forms of creative empathy brought to life and established art galleries in the cultural space of China.
There were no fundamental theoretical developments in the history of the gallery business and the organization of art galleries in ...

Question #1

Taking into account that we have a business where units take time to produce and storage is expensive, we need to identify where a huge number of these units can be produced and stored in order to keep up with the future demand . However, it is not possible to do this, since storage cost is significantly high. Hence, the total cost is directly proportional to the storage cost. Companies are doing everything possible to reduce the total production cost according to the theory of inventory management.
Companies are also facing lost sales if the demand unexpectedly goes up and ...

For this paper, the commodity selected for analysis is tea. The paper will examine the team market on a worldwide basis in terms of supply, demand, price history, market structure, and other relevant economic aspects relating to the commodity. According to World Atlas (1), tea is the second most popular beverage in the world. This implies that there is a huge supply and demand for tea globally. Globally, tea is a major import and export commodity. In most markets such as Kenya, India, and Sri-Lanka, sellers sell their commodity through tea auctions and exchanges. Sellers and buyers organize these ...

[Institution Title]

Introduction

Businesses are usually developed to seize an opportunity that is presented into the market. Usually, this opportunity is brought in by another company that opens a new line of business. In the case of Auction Wagon, Inc., it was born out of e-Bay’s decision to expand and tie-up with other organizations through drop-off stores. This paper will analyze the business process of Auction Wagon, as well as the trend that affects the business in terms of productivity and sustainability.

Analysis of Auction Wagon, Inc.’s Business Model

Auction Wagon, Inc. decided to take advantage of the increased market opportunity of drop-off stores. They were ...

Analysis hypothesis

Step 1
This experiment is based on two hypotheses which include an analysis of the various internet marketing companies, which are involved in provision of international internet business. This is in competition with eBay which is a fast growing internet business provider. The other hypothesis is the factors which increases the bidding of the coffee grinders after the need of the auction period in the market. In a bid to answer this hypothesis it is essential to collect data regarding the bidding process and processes of the Krups 203-70 Fast Touch Coffee Grinder which has different versions in the market ( ...

Who would have ever imagined, in their wildest dreams that a simple splatter of paint, a solid coat of one single colour painted on a canvas, or even an infant like sketch that would take 10 seconds to complete, would in the right hands sell for millions and millions of dollars? Is this even possible in today’s vast and sweeping art market? It most certainly is, and records for highest priced artworks sold over the last century continue to be broken to this very day. However it is our intention to explore specifically as to why such simple ...

1-1 Evaluate current creative and innovative management processes in your organization (if not choose a company) by using the Innovation assessment checklist given to you by Tutor. Describe the procedures and make comparisons with other departments/organizations?
eBay was founded in 1995 by Pierre Omidyar and is headquartered in San Jose, California in the United States. Its strategy and goals are aligned to its mission, which is to reach every customer in the world by providing them with a global platform. It is an e-commerce company that provides platforms and services that enable the conduct of buying and selling transactions for ...

The complexities of racism, and the ways in which society should end it, remains intriguing fodder for literature. Some of the most intriguing portrayals of these arguments are in Frances Watkins Harper’s “The Slave Auction” and “The Slave Mother,” Luis Valdez’s “Los Vendidos,” and Zitkala-Sa’s School Days of an Indian Girl. While Harper’s direct, anguished portrayals of the evils of the slave trade elicit an implicit argument to stop these practices and end their pain, Valdez is more explicit in his call for aggressive revolution and demolishing of stereotypes, and Zitkala-Sa similarly advocates for a ...

In her first sentence of her very powerful story, Linda Brent writes: "I was born a slave; but I never knew it till six years of happy childhood had passed away." What did she mean by this statement, and explain how this could possibly be true for anyone born into the world of slavery?

Slavery was a most despicable institution in the United States and as everyone seemed to accept it until it boiled down to a Civil War, the Deep South lorded it over millions of black Africans who suffered greatly and terribly due to their exposure to slavery. In this ...

Over the years, the number of business transactions that take place online has continuously risen. Online providers have improved the quality of services they offer to the consumers; this has attracted a larger population of customers. Competition among online retailers is becoming more vigorous. Online shopping has also enabled companies to reach their consumers everywhere. Communication and information technology have made online shopping possible by reaching a wide market in a variety of geographic location. For consumer interaction, through e-commerce, most businesses are trying to obtain a competitive advantage.
Technology has enabled consumers to have access to information about ...

Source: (Nash et al. 474)

The selected source is a Thomas Nast creation dubbed The End of Slavery? Currently, the cartoon has no copyrights after its original publication in 1867 in the Harper's Weekly newspaper. The visual primary source depicts two scenes and in both, a woman wearing a tunic sits upon a pedestal surrounded by both black and white characters, she represents American liberty. For a thorough description of the picture, there is a need to focus on the two scenes separately. On the left, there is a slave auction going on as white men stand around the raised platform, and two more ...

Section

The Bidding
Charterparty invited tenders for the construction of a new cruise-liner, to be called the Ocean Carpathia. Donelly was invited to tender. However, the person responsible for receiving tenders left work early.

ISSUE: WON Donelly Brothers can compel recognition of its bid? HELD: Yes

DISCUSSION: Similar to the case of Blackpool v Blackpool, it is the duty of the entity requesting for bids to inspect all those which have been submitted. In the case at bar, MC Donelly was actually able to submit its bid on time. It is not the fault of the bidder that their documents were not received in time, as it was the responsibility of the ...

Abstract

The design of a flyer is normally dependent on the basic rules for flyer design. This includes employing the C.R.A.P principles. These principles include contrast of color, fonts, and elements in the flyer so as to achieve appeal. This principle operates on the notion that our brains are fast to pick out patterns and contrasts. The second principle is Repetition it involves repeating elements in the design this creates uniformity in the work. Alignment of text and images in the flyer design brings uniformity. Proximity of the elements draws the reader to the details in the flyer by appealing ...

Positive price discrimination has always been a handy channel for distributors and retailers to maximise their profits. The basic principle behind positive price discrimination is information asymmetry between different consumer groups and also difference between demand patterns for different consumers (Shpanya, 2014).
With the advent of online auction sites such as eBay, both these principles are getting eroded. More and more information about the products and prices is freely available on the internet for everyone to process.
Further, the consumers have been able to adjust their demand patterns according to the product availability over time, with the same product ...

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Literature Review

Professionals and scholars in the field of marketing and management have since become fascinated with the idea of co-creation. Zwick et al. (2008, pp. 163-196) emphasized the importance of co-creation with regard to its political impact in the cultural, social and economic realms, taking into consideration the notion of Michel Foucault on the government and labor-and-value theories advocated by neo-Marxism. Contrary to the traditional perception of consumers as passive entities in any given market, co-creation brings to light their capabilities in terms of practicing their power to interact with firms on resource ...

Pelkey brought suit against Dan’s City Used Cars. Pelkey’s landlord had asked Dan city to tow his car after he had failed to remove it from the parking lot according to the instructions. After sometime without communication from the plaintiff, the defendants went ahead and put the car up for auction to cater for the towing fees and storage. Pelkey was not informed of the intention to auction his car and neither was he given any compensation from the money acquired from the auction. Pelkey further claimed that Dan’s City did act according to the expectations ...

Strengths
4

Supporting business with technology
4
Shipping costs
4
Customer’s knowledge
4
Website infrastructure
5
Inventory turnover
5
Wider Product range
5
Geographical Presence in Key markets
6
Weaknesses
6
Delivery delays
6
Excessive Product Launch
6
Free Shipping
6
Resource Based View
7
Financial Analysis
8
Value Chain
8
External Environment analysis
8
Substitute threat
9
New entry threat
9
Competitive ...

During the antebellum era, Americans vigorously debated the limits of freedom for poor whites, Indians, immigrants, women, and slaves. Discuss these controversies and how they erupted from the social, political, and demographic changes of this era.

Introduction:

Although most of the Negro population was enslaved in the antebellum era this did not mean that there wasn’t any form of debate regarding their freedom which was a great preoccupation for many whites of the upper classes. Naturally enough the plantation class did not want their slaves to be freed so there was an intense debate on this score with the result ...

Primary and Secondary Market

Primary markets are linked to the issuance of new securities that are apportioned and issues by the companies to people, who have subscribed to the issue. The securities in the primary market are issued to the public via initial public offerings (IPOs) by the public limited firms. The IOPs can be shares or the debentures. The IPOs are associated with the issuance of securities made by the company, which is limited to public on direct basis. On the other hand, in relation to bonds investors buy them directly from the firm. The shares or debentures are issued at the ...

The most beautiful and fascinating artistic aspect of the Chinese ritual objects was the use of bronze. In ancient times, vessels were made to be used for drinks and foods and came in different forms. Some of the containers had accents of rounded and molded handles which rest on well-created bases.
Bronze vessels have a well-designed covering which depicts mythical images of mostly animals (Chang, p. 529). Since the beginning of the millennia, they left these vessels with shades of green. There was an addition of hues that helped in bringing a visual display of the art.
In the ...

Employability Skills in Health and Social Care

Introduction
For many people, having a life-long career is no longer the norms. There are several individuals who had jobs across different organizations and various employers throughout their professional life. Although flexibility in the working pattern is essential in ensuring a continuous employment, it is also imperative that individuals possesses the employability skills in order to get, keep, and become succesful in the chosen career. In the field of health and social care, assuming the job of a Family Support Worker requires specific employability skills in performing satisfactory work. The discussion highlights the responsibilties and performance needed to become ...

Executive summary

The recent global financial could be attributed to a number of factors. These factors include the general cyclical economic development; overheating of the credit market and who appeared his consequence of the mortgage crisis; high commodity prices (including oil); overheating of the stock market. The US mortgage crisis was the predecessor in occurred in two waves, first in 2007 and then in 2008. The 2008 crisis were not unique from the previous crises though it had many unique characteristics. Although the crisis started in the United States, it engulfed almost all countries of the world, and hardly any of them ...

Introduction

The disposition of equipment that remains is a considerable challenge that usually corresponds with the dispositions of various business assets. An evolutionary approach to asset disposition is converting equipment and machinery from an impediment into a resource for new disposition channels. This paper, therefore, aims to describe the differences between the four strategic dispositions namely: turnkey sale disposition, component basis disposition, advisor’s strategic disposition and traditional listing disposition.
- Turnkey Sale Disposition
When confronted with the possibility of an industrial disposition, the optimum result is a turnkey sale that includes the combined sale of the firm’s assets, equipment, ...

My friend Joan owned an antique store that specialized in rare ceramic dolls. She opened the business several years ago and had gained preference due to the massive awareness that she had created. She was growing old and needed help to handle the business which had grown to the point where she could not comfortably handle it. Last month she gladly told her family that she will retire in the next month and leave the business to Barrington her only son aged 15.
At the end of that month, true to her words, Joan retired. She gave the ...

Introduction

The NASDAQ is an electronic stock market. It is a computerized financial system that is used in facilitating trade and provision of over 5000 actively traded stock prices. The NASDAQ is used to trade some of the stock that is traded on the NYSE. On the other hand, the NYSE is a stock exchange market that is found in Ney York. It is the largest stock market in terms of equities. There are several differences and similarities between the NASDAQ and NYSE.

Similarities between NASDAQ and NYSE

The first similarity between NASDAQ and NYSE is that they are both markets where a large amount of stock exchanges ...

Introduction

The global tea industry is booming, with production going up in almost all major producing countries. Led by China and India, Kenya and Srilanka, the industry producers have witnessed a stable and consistent increase in the global prices of tea in the international market. The global market for hot beverages is forecasted to be a large one, expected to reach $ 69.77 billion in value and almost 10.6 million tons in volume by 2015.

TOP 5 IMPORTERS OF TEA
Source: International committee on tea (www.inttea.com)
The price dynamics in this industry rely mainly on the global production which is mainly a ...

New York Stock Exchange (NYSE)

The New York Stock Exchange or the NYSE is a stock exchange market in the United States and it is located at the 11th Wall Street, in the city of New York. According to the NYSE Group report, NYSE is regarded as the world's leading stock exchange in terms of the stock market capitalization of the firms that are listed in the NYSE that stands at US$15.321trillion as of the month of June 2012. The mean daily trading monetary value in the year 2012 was estimated at US$180 billion and as a result the NYSE has developed into a universal ...