While there are many e-business models that have been identified, and are still successful, many entrepreneurs, are looking to enter the online e-commerce market, with updated ebusiness models
. Briefly describe the following newer 2020 e-commerce business models, and identify any advantages or disadvantages. 1. Private Label 2. White Label 3. DropShipping 4. Print-on-Demand 5. Wholesaling
Question 2: (7 Marks) Authors such as Michael Porter, identified five main competitive forces that may impact a company’s’ ability to grow and survive. While this framework is based around traditional brick-and-mortar stores, they can be related to the 21th century, e-business world. Answer the following 2-part question: Part A: With the above background, identify 3 competitive threats applied to e-business on the buy-side (upstream supply chain), and also 2 competitive threats from the perspective of the sell-side (downstream supply chain). Provide a brief explanation, how and/or why, each competitive threat, could impact a business.