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Jeffrey Bezos Biography

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Abstract
Amazon.com is an organization that offers a wide range of books and most as of late music through their site at reduced costs. It was established by Jeff Bezos and started taking requests in July of 1995. From that point forward, Amazon has obtained five businesses that range from virtual database innovation to recordings while growing to the European market. Its gigantic measure of offers can be credited to its low aggressive costs and simplicity of shopping helpfully from home. Jeff Bezos is the founder and current CEO of Amazon that presented to him an extraordinary accomplishment from web shopping. Forbes (2013) reports his present riches to be around $29.2 billion dollars making him the best internet retailer. Jeff Bezos' leadership …show more content…

Bezos was conceived in Albuquerque. Jeffrey's maternal progenitors were early pioneers in Texas, and over the eras had obtained a 25,305-section of land farm at Cotulla. From an early age, Jeffrey showed a striking mechanical fitness. Indeed, even as a little child, he attested himself by destroying his bunk with a screwdriver. He likewise created serious and changed experimental intrigues, fixing an electric caution to keep his more youthful kin out of his room and changing over his guardians' garage into a research facility for his science ventures. In secondary school in Miami, Jeffrey first went gaga for computers (Nicholas, 2011). An extraordinary understudy, he was valedictorian of his class. He entered Princeton University wanting to study material science, however soon came back to his adoration for computers, and graduated with a degree in computer science and electrical engineering. After graduation, Jeff Bezos discovered employment on Wall Street, where computer science was progressively popular to study market patterns (Nicholas, 2013). His went to work at Fitel, a new business that was building a network to lead global exchange. While working at Shaw, Jeff met his wife, Mackenzie, additionally a Princeton graduate. He climbed rapidly at Shaw, turning into a senior VP, and anticipated a brilliant profession in fund, when he made a disclosure that changed his life and the course of business

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According to Amy Koss in a Los Angeles Times opinion piece, Amazon.com is a “21st century deal with the devil”. Koss believes such online retailers such as Amazon.com looks good on paper but in reality, are harmful to local retailer mom and pop stores, and equally harmful to the titans of the retail world, such as Sears, Macys, Radio Shack, and Men’s Warehouse. Koss states that the “Satan” of today relies on easy consumption to win our souls. Koss then goes on to explain how Amazon hooks the masses into its vast online catalog of everyday items, most of which are unneeded, but has them radially available in a sleek looking web page layout that turn the laziness and greed of the masses to their wallets to buy everything they could every want

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She was addicted to drugs and was mentally unstable during her pregnancy. Jeffery grew up with a bad childhood, His mom suffered from depression and a suicide attempt. Before the suicide, the family moved around a lot at the ages of 6 and 8 until they settled in a house in Ohio . Jeffery had one brother named David. It was always a battle between them.

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He made his fortune in the steel industry making many contracts to build railroads. Bill Gates made his fortune buy selling ibm ms.dos and operating system for their 16 bit computers.

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After he moved to L.A. he spent time as a writer for his school. He began to write about the difference between rich and poor in the word. He was noticed by Pierrer Omidyar who then hired Skoll to write a business plan. It was for a company called Ebay. “This all came out of Skolls mind a company so huge”.

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Amazon was by far the greatest e-commerce performer in terms of revenue in 2013 as reported by (Wireless News, 2014). One of the company’s many accolades is that it has the seventh most visited website in the world (alexa, 2015). Compared to its competitors, meaning companies that are offering similar services, it is number one. The position occupied by Amazon in the market warrants a study of the company and its businesses model.

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Jeff Bezos to date currently has a total net worth of over 105 billion dollars. Whilst the first 17 of the worlds richest billionaires goes to men, the number 18 spot is a women, Alice Walton. Some may argue she is only worth so much

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This situation in turn created a service differentiation for the company compared to its other competitors. First, the Amazon.com website has an attractive and customer-friendly interface. Fast and reliable delivery which allow the customers to receive their order within the same day in specific area has also been an incredible feature of the company. A no-nonsense returns policy is being implemented, too. To assist the customers in choosing their order, purchase suggestions based on their previous purchases and webpage viewing are given.

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5 – Main risks going forward for Amazon.com are to loose its competitive advantage because of opportunities that Internet offered to its competitor : low prices, deliver, costumer’s service, etc. Moreover, if the business develops, it may encounter logistical problems and limits : geographical and logistical constraints (energy, delivery and connection and some contries) and legislative constraints (censorship, taxes and state agreement : Corea, Sri Lanka, Indonesia, etc). Founded in 1994, Amazon started as an online bookstore and quickly became popular as it received high marks on several Internet rankings. Today, Amazon.com, Inc. is the world's largest online retailing company headquartered in Seattle, WA

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Amazon’s major guide has been its strategy for low cost and effective innovations gaining advantage over its competitors. Amazon’s established strategies can be deemed suitable and successful and thus making it dominating player in the market. This dominance may very well continue as Amazon explores new innovative products and

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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).

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His business mind and his passion of programming lead him to invent new things and for brainstorming ideas which changed his life as well as the computering world. Bill Gates life took a dramatic change when a new student was enrolled to his school. He was the son of a senior programmer in Computer Centre Corporation. (CCC) Gates and his friends were giver the opportunity to figure out the problems and defects in the CCC system security, because this company was suffering a big financial loss due to hackers. Gates didn’t think twice before agreeing to their deal because this opportunity lead him and his friends to have endless time to carry on their programming experiments which they didn’t get from the school.

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Inc., n.d.). In 1994, when Amazon was founded it was running out of the founder Jeff Bezos’ garage, making $20,000 per week in profit. Recently in 2014, Amazon has acquired the title of “The Everything Store” with 154,100 full time employees working for it, and it earned $90 billion in revenue. Amazon has broadened its market by allowing sellers to sell their new and used items along with Amazon products, giving customers the option to choose a product that matches their affordability (shorr,

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