Question

Joseph inherited a set of candlesticks that he has no use for. He took them to an antique dealer to find out what they were worth then decided he might get more money by auctioning them off. He decided to sell them and listed them on eBay with pictures. What type of business model is eBay?

Answer 1

Answer: Brokerage e-business model

Explanation:

eBay business model can be referred to as the brokerage model. Under this model there are third parties or individuals which are known as brokers, they tend to bring the sellers and buyers of commodities and services together so as they can further engage in the transactions. Usually, these brokers tend to  charges a standard fee to the parties that are involved in the transaction.