ipl-logo

Lugus Principle On Amazon. Com, Inc.

778 Words4 Pages

Lugus Principle on Amazon.com, Inc
In Lugus principle, there are three groups of principles. In the first principle is ‘looking back ' which means understanding the external drivers for change. Follow by the second principle is ‘looking inside ' basically, analysis the internal and external changes of the company. Lastly, the third principle is ‘looking forward ' which consider to oversee the external changes and managing it.
Amazon.com is a multination consumer electronics as well as clouding computing company that founded by Jeffery P. Bezos in 1994. And they based in Seattle, Washington. It started out as an online bookstore and subsequently, it has an offer diversity of products such as electronics, food, clothing and furthermore products. It has become the largest internet company in the United States and currently, has 230,800 employees working under Amazon.com In addition, Amazon.com is ranked 44th in Fortune Global 500 and featured in World 's Most Admired Companies as well as achieved a third ranking …show more content…

In every company, it has a set of internal and external stakeholders. It is paramount for the long run of the business and understand the business future by communication and emphasize the stakeholder groups. Hence, Amazon.com has three groups of stakeholders which are customers, employees and, communities as their priorities of stakeholders. Amazon.com vision statement is "To be Earth 's most customer-centric company, where customers can find and discover anything they might want to buy online." (Amazon,1996). They have considered themselves as a customer-centric company and, the customer is the key to its e-commerce business success, especially because these stakeholders significantly affect revenues. They have interacted with the customer well and ranked 1st in customer satisfaction in Foresee Experience Index: US Retail Edition (ForSee Experience Index,

Show More
Related

Mike Luppa Research Paper

791 Words | 4 Pages

A Legend Mike Lupica is an influential sports columnist who has been writing for the New York Post since 1975. He is one of the best-selling authors of books for young adults in the country and has achieved many goals writers everywhere wish to achieve. Mike Lupica was born on May 11, 1952 in Oneida, New York. At the age of twelve, his family moved to New Hampshire due to his dad’s job.

Read More

Lexcie Lewis Research Paper

477 Words | 2 Pages

Being a freshman in college is already hard enough, but joining a club is more of a push if you do not know many people at all . Lexcie Lewis was very anti social , had fews friends, and didn’t really care too much about joining clubs, because she felt she did not have the time to do so. In high school, Lexcie was always the quiet one that no one really new. She wasn’t so quiet, she just did not socialize with many. At home, she never went out and she was of a family person, she enjoyed staying home.

Read More

Swot Analysis Of Groupon

3260 Words | 14 Pages

Enabling Stakeholders Groupon shareholders Board of directors elected officials investors Functional Stakeholders Employees Suppliers Customers Ad editorials Normative Stakeholders Competitors (e.g, Living Social & BuyWithMe). Diffused Stakeholders Specialist bloggers News/media organisations

Read More

3D Printing: A Case Study

1544 Words | 7 Pages

In addition, they are a truly solid e-commerce company as they state “ We are the number 1 pearl website on the internet, online since 1997 and among Google’s very first customers”. The company did not only survive the dot-com downfall

Read More

Fdpr Leadership Roles

2722 Words | 11 Pages

This chapter will discuss leadership skills and roles enable a change to occur in practice, followed by changing management strategies to improve the quality of service regarding family presence during resuscitation (FPDR). Based on literature review findings, the change will be in developing a guideline to support the optional for FPDR. Change and change agent There is a vital need from the nurses to take a lead in to change a practice in order to improve the quality of service and maintain patients’ satisfaction (Kerridge 2012a). In order to make a change, it is crucial to from the nurse to take a strategy in which could make an effective change.

Read More

How To Identify Stakeholders

1434 Words | 6 Pages

Identifying stakeholders Someone having a stake in your project and its outcome is called a stakeholder. Stakeholders include your customers, the team members who worked on the project and the departments which will be affected by the project. Sometimes it becomes difficult to identify the stakeholders of the project. You must identify the major roles of the stakeholders.

Read More

Jeff Bezos At Amazon Essay

829 Words | 4 Pages

They have solid business judgment, and they spread that solid judgment to others through the utter clarity with which they characterize their objectives and the measurements they use to measure achievement. Don't imagine it any other way; there is a high level of capacity to bear disappointment at Amazon.com. An effective society of advancement can't exist without it. Yet what [ceo] Jeff Bezos can't endure is somebody committing the same error again and again, or coming up short for the wrong reasons. Accordingly, pioneers at Amazon are relied upon to be right much more regularly than they are incorrect.

Read More

Starbucks Value Proposition

1586 Words | 7 Pages

Customer satisfaction is at the core of their actions in every step of their supply chain. The company offers different products in their stores, letting the customers decide whether to consume them

Read More

Chocoholics Anonymous Business Analysis

902 Words | 4 Pages

The primary stakeholders are defined in the book as any group on which an organization relies for its long-term survival (Williams, 2015, p.81). Primary stakeholders include groups such as the government, local communities, employees, and suppliers. We will focus primarily on the concerns of the employees and what helps our community. The stakeholders view supports the wellbeing of the company through stakeholders and the model states that it is a theory of corporate responsibility that holds that management’s most important responsibility, long-term survival, is achieved by satisfying the interests of multiple corporate stakeholders (Williams, 2015, p.80). The employee 's job security fluctuates as we make major decisions.

Read More

Diversification Strategy Of Amazon

1112 Words | 5 Pages

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).

Read More

Starbucks Differentiation Strategy

1607 Words | 7 Pages

One of their key strategies in meeting this goal is a focus on customer service in order to create an experience for its consumers. Another one of their strategies is to ignite their emotional attachment with consumers. They also have

Read More

Customer Loyalty In Fitness: A Case Study

1549 Words | 7 Pages

Literature review Introduction Within this chapter I will discuss customer service and its benefits. What Customer Loyalty is and factors that influence customer loyalty and rewards. What is Customer Service The concept of Customer service can be multifactorial, but I feel that ultimately it involves customer’s satisfaction and how companies strive to retain their customer base by implementing certain customer service procedures to keep the customer happy, in the hope that they can retain their custom and that the customer will then spread the news about the excellent service that was provided by the company.

Read More

Lewin's Change Process Analysis

1023 Words | 5 Pages

The change process can have various stages. One of the best known was Lewin’s (1951) force field model of change. He believed the change process occurred in three stages – unfreezing, changing and refreezing. In the unfreezing phase individuals become aware that old ways of doing things are no longer sufficient. In the changing phase individuals choose a new favourable way of doing things.

Read More

Decision Making Model

1519 Words | 7 Pages

Decision making consistently involves leadership in some form or the other. Leadership can be defined as "the initiation of new directions of locomotion by one or more individuals, which are then readily followed by other group members" (Krause J, Hoare D, Krause S, Hemelrijk C.K, Rubenstein D.I2000 Leadership in fish shoals. Fish Fish. 1, 82–89) Organizations can either designate leadership or identify internal individuals possessing qualities or having experience with personality inclined to lead.

Read More

Globalization Case Study: Amazon

1105 Words | 5 Pages

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,

Read More

More about Lugus Principle On Amazon. Com, Inc.

Related Topics

Open Document