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A number of university graduates started a business to provide a platform for individuals and household in Malaysia to advertise their products and services.
A number of university graduates started a business to provide a platform for individuals and household in Malaysia to advertise their products and services. Individuals can advertise their products for sale such as food, agriculture produce, crafts etc. or for rent such as cars, bicycle, rooms, game players, books. They can also advertise services such as massage, car wash, hairdressing, and house cleaning services. Buyers can search and buy the items using the platform. They have to pay upfront and the money will be released to the seller once they confirm receipt of goods or services. The graduates gain money from advertisements on the platform by the sellers. They loan money from a bank to start the business. a) Draw a value system for the company. b) Draw a value chain diagram for the business of the company. c) Draw a business model for the purchase process (customer purchase or rent goods). d) Draw a task level diagram for the purchase process (customer purchase or rent goods). e) What are the decision points and analytics that can be provided to the management in the purchase process?
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