5 5 core competencies paypals core competencies are

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5.Core CompetenciesPayPal’s core competencies are its dedication to its users and its long standing reputation. With its reputation in the industry and over 300 service support representatives from around the world, PayPal ensures that its users have an ease of mind when making payments with PayPal with the technical support provided wherever needed.6.Value Chain Analysis6.1. Technology DevelopmentWith PayPal’s 17 years in the online payment industry, it has garnered many experience on how technology can benefit their company and how it can be made more convenient and safe for its users through the many research and developments that were done to further enhance the customer’s experience (PayPal 2016). More stringent security measures were also incorporated to improve the platform to prevent frauds. 6.2. OperationsOperations within PayPal are done with an extensive group of people working under PayPal in many countries in the world. Any problems are targeted quickly to prevent fraud and information from being leaked.To keep up with the stringency of PayPal and maintaining their customer’s data, PayPal has included various forms of measures to enhance its security such as the dual factor authentication for users when they are conducting a payment. With all these measures in place, PayPal is then able to provide more services to their clients and differentiate themselves from their competitors which demonstrates their core competency of being dedicated to provide for their users.(1023 Words)6
7.ReferencesJohnson, Dave. 2013. Turn on 2-step Verification to Enhance Security.CBSNews. . Mediati, Nick. 2013. Keep Your PayPal Account Safer with Two-factor Authentication.PCWorld. -two-factor-authentication.html.Miller, Amanda Christine. 2015. The Millennial Credit Makeover.PayPal Stories. . PayPal. 2016. PayPal. PayPal Reports Strong Third Quarter Results.2015. Business Wire.-Quarter-Results.Rao, Leena. 2015. PayPal Makes Money Transfers More Personal.Fortune.. Ross, Sean. 2015. The 4 Best Alternatives to PayPal (PYPL, GOOG).Investopedia. . 7

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