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Jeff Bezos's Case Study: Amazon. Com, Inc.

802 Words4 Pages

As Reid M. Berryman said in his Case Study Work, Jeff Bezos was the first to take the opportunity in the emergent Internet Market in the early 1990’s and create a profitable and innovative company: Amazon.com, Inc. He saw that anyone with Internet access could buy limitless goods directly from their homes and at the same time, gather amounts of customers personal information. Amazon, that has become the world’s largest online retailer, started in 1994 with the name “Cadabra” and selling books online. Then, he changed the company as Amazon to relate his company’s size with the largest river in the world, Amazon River. Amazon’s vision nowadays is to be the best and the Earth’s most customer centric company where customers can find and discover …show more content…

The ambitious strategy promises to turn FedEx and UPS into Amazon rivals, but also will pit counterpart Alibaba. Both companies want dominance of the rapidly growing crossborder ecommerce market, which by 2020 is expected to swell into a $1 trillion industry serving 900 million shoppers. Amazon will partner with thirdparty carriers to build the global enterprise and then gradually squeeze them out once the business reaches sufficient volume and Amazon learns enough to run it on its own. If the logistics business takes hold, financial services could follow, with Amazon giving loans to merchants, processing international payments and consulting its network of sellers on customs and tax matters. Operating activities increased from Quarter 1 of 2016 to Quarter 2 of 2016 and from Quarter 2 of 2016 to Quarter 3 of 2016. Amazon’s culture has driven innovation and success, undeniably. Amazon imbues its employees with a strong work ethic, which is a great quality to have. However, it also has a tendency to produce people who are critical and combative. In addition, it prioritizes work over all else, including family. Amazon has done a world of good in the last 15 years people who don 't live near

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