Amazon Name Institution Date Amazon Executive Summary Amazon is a giant in the online retailing business. The organization’s strengths include the minimum structure and cost strategy, product diversity, a structured delivery system and its customer-oriented policies. The company offers clients a wide range of products at lower prices compared to its competitors. Weaknesses are large debts, product failure, tax evasion, reduction in margins and losses due to free shipping. Tax evasion gives Amazon a bad reputation; for this reason, some potential clients do not want to be associated with it. In some cases, the public does not buy a new product hence leading to losses. Growth opportunities are the availability of third world markets …show more content…
is an online retail organization that deals with a wide range of products such as electronics, books, magazines, foodstuff, house-ware, clothes, shoes, etc. The company’s position in the field of online business is attributed to strategies such as organizational culture, human resource and cost policies. 2 ×2 SWOT Matrix Helpful Harmful Strengths Weaknesses internal i. The minimum structure and cost strategy is the key to making maximum profits in the organization. In 2016, Amazon had the highest number of online sales in the world; its earnings stood at $130 billion. The reduced expenses are due to the elimination of physical offices that require rent and electrical charges. ii. Amazon trades in diverse products; the organization began as an online bookstore but currently sells pets, foods, etc. the company offers support services where consumers and business owners can access IT support. iii. The company’s primary goal is to meet consumer’s needs. Amazon retains at least 50% of its first-time customers thus reducing advertising costs. iv. The organization’s structured delivery system ensures that clients receive their orders even in remote areas. Also, delivery in some areas is …show more content…
(2018). The Wall Street Journal. Retrieved from http://quotes.wsj.com/AMZN/financials Loeb, W. (2014). Amazon's Pricing Strategy Makes Life Miserable For The Competition. Forbes. Retrieved from https://www.forbes.com/sites/walterloeb/2014/11/20/amazons-pricing-strategy-makes-life-miserable-for-the-competition/#37d9ac1c5c60 Meyer, P. (2017, February 12). Amazon.com Inc.’s Organizational Culture Characteristics (An Analysis). Retrieved from Panmore: http://panmore.com/amazon-com-inc-organizational-culture-characteristics-analysis Mullaney, T. (2017, January 12). 5 Key Business Lessons from Amazon's Jeff Bezos. Retrieved from CNBC Make It: https://www.cnbc.com/2016/05/13/5-key-business-lessons-from-amazons-jeff-bezos.html Pratap, A. (2017, February 15). HR Management at Amazon: Need for Employee Satisfaction. Retrieved from Chesh Notes: https://www.cheshnotes.com/2017/02/hr-management-at-amazon-need-for-employee-satisfaction/ S. M. Hassan, A. J. (2014). Top Online Shopping E-companies and their Strength and Weakness (SWOT. Research Journal of Recent
The information I gain from the article Walmart Vs. Target: Which Retailer Is More Powerful, I will be able to pull my strengths and some of the companies’ weaknesses from this article.
Mission The company’s mission is to exceed customers’ expectations in sections such as food, health and home retailer through great prices. They also have a purpose of the company, which is to help Canadians – Life Live Well. Values Real Canadian Superstore has many values and principles they follow. They believe in respecting the environment and preserving the land.
Company Information Company X will be designed to be a global package and delivering business. Company X will provide management solutions for a global supply chain. Company X has three divisions of operations which are Supply Chain & Freight, International Packaging, and Domestic Packaging. Company X will deliver packages to 220 countries and territories. Shipping capabilities will be enhanced through the use of a desktop shipping application personalized to meet the shipping requirements of Company X.
DAPTS CONSULTANTS ® REPORT ON BELL CANADA ENTERPRISE (BCE) COMPILED BY: PRABHLEENGREWAL TARANDEEP ANIKET GUPTA SOHAIL DEEPAK GABA SAMARVEER SINGH KAMRA PRATEEK SINGH Contents INTRODUCTION 3 COMPANY OVERVIEW 3 PRODUCTS AND SERVICES 4 HISTORY 6 REVENUE ACCORDING TO THE SECTORS 9 VISION AND MISSION STATEMENT 10 SWOT ANALYSIS 13 INTRODUCTION Bell Communications Enterprise is the largest communications company in Canada with a subscription of approximately 21 million users out of a population of 35.50 million approximately . Bell deals in all three types of businesses as it provides services to consumers (B2C), business (B2B) and the government (B2G). It is a company known to provide the best quality communication service
Considering using more technology inside Trader Joe’s would also speed up business inside Trader Joe’s. 5 – Conclusion This paper has revealed the most powerful and weak spots of Trader Joe’s. Supermarket industry is currently alive and competition between firms are very contentious.
Today, many people prefer to order products from Amazon instead of going to stores or malls. c. DESCRIPTION OF MY SUBJECT (AMAZON.COM): Amazon (Amazon.com) is the world’s largest online retailer and a prominent cloud services provider. The company was initially a book seller, then later it expanded to sell a wide variety of consumer goods and digital media as well as its own electronic devices, such as the Kindle e-book reader, Kindle Fire tablet and Fire TV, a streaming media adapter (Rouse, 2018).
GameStop is an American video game retailer. It operates primarily in the buying and selling of video game, gaming consoles and sometimes in electronics. The company sells both new and previously used video game hardware; physical and digital video games, pre-owned and value video game products; personal computer (PC) entertainment software in various genres, such as role-playing games (RPG’s), simulators, adventure and many more; digital merchandises, including PlayStation Plus and Xbox Live subscriptions; video game accessories, such as controllers, gaming headsets, and other add-ons for use with gaming hardware and software; strategy guides, magazines, and gaming-related posters and toys. The company is headquartered in Texas and different
Most of the decision made by Jeff Bezos do not have instant gratification, instead having a long term value and bring benefits to the entire company. The development of Kindle, an e-book reader, is a fine example of an idea generated after synthesizing hundreds of data points. (Anders, 2012) 2.1.2.2 Employment practices Amazon chooses its employment candidates by identifying the quality of bias to action and able to work through ambiguity. Both of these qualities help to identify people who can innovate fast and do right by the customer. “One popular question asking the interviewer to create an action plan as brand managers in an area where they lack knowledge of and no budget.
Amazon’s competitive strategy is cost leadership. Amazon has achieved a lot on a great scale that it gets the best prices from its vendors so they can operate in very flexible and thin margins and sell their items easily at retail prices and make money. They also provide shipping products for a reasonable cheap price. They also have improved their warehouses by giving some space to other sellers who want to sell their items through Amazon. They differentiate and provide better quality than their competitors across the industry.
The business model of Amazon ensures that the product is available for the customer at the best possible price. The fast shipping strategies also ensure customer satisfaction. These aspects offer an excellent value proposition to the customer. Since Amazon is present globally and is successfully into business for a long time period, the strategies of Amazon are sustainable.
Walmart, Amazon, and EBay 1. Analyse each of these companies using the value chain and competitive forces models. The value chain model of Amazon in itself is internally and operationally the best that adds value and maintains competitive advantage. The primary activities include Inbound logistics for example quality control, receiving, raw materials, control and supply schedules; Operations for example packaging , maintenance, quality control; Outbound Logistics for example
The company also promote aggressiveness among employees and because of that, the employees consider each other as competition and not as a team. Since the social context is becoming really important, Amazon is forced to change their corporate culture. Their culture had brought a lot of success to the company, but it is now however time to change towards a positive environment and a positive culture that
Amazon has achieved many milestones from starting in the founder’s garage in 1994 to the growth in revenue to US$147.8 million in 1997 and then to the revenue growth of US$177.866 billion in 2017 (Amazon, 2018a, Amazon, 2018b and Jurevicius, 2018). These milestones were achieved through tenacious focused strategies of meeting their customers’ needs and wants. These strategies have maintained and expanded their customer base locally and internationally and have increased its market shares and profit over the last two decades. In addition, projection for the company’s growth and expansion for the next three to five years looks positive as it predicted to grow at the same rate with its expansion internationally and continued focused in satisfying consumers’ wants (Amazon, 2018a). Although, some factors such as governmental policies, legal issues and natural disasters could pose a threat to Amazon’s growth plans, the management team led by the founder and Chief Executive Officer (CEO) are working on mitigating the risk (Amazon, 2018a).
Due to this, the portal is known to have specific days where they give massive discounts to their buyers. Competitors The giant companies that want to disrupt Amazon Amazon isn’t under attack from just start-ups, though. There are big companies with deep
Online shopping has nowadays become a widely spread way of shopping among people on different continents and in different countries. Its popularity is constantly on the rise considering the spread of Internet technologies and the increasing share of online shops in the retailing business. Online shopping activities are gaining wide spread as far as they tend to provide the consumers with numerous benefits and increase the convenience of buying without leaving the house. The popularity of online shopping grows due to a range of reasons, including its convenience as well as time- and money-saving potential.