ipl-logo

Globalization Case Study: Amazon

1105 Words5 Pages

I. INTRODUCTION

a. BACKGROUND:
Globalization is a process of interaction and integration among the people, companies, and governments of different countries, a procedure compelled by international trade and investment, and supported by information technology. Furthermore, this process has an effect on various other systems such as on the environment, culture, political systems, economic development and prosperity and lastly, on human physical well-being in societies around the world. “Since 1950, for example, the volume of world trade has increased by 20 times, and from just 1997 to 1999 flows of foreign investment nearly doubled, from $468 billion to $827 billion” (York, 2016). Technology has been another primary driver of globalization, …show more content…

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).
Jeff Bezos the C.E.O of Amazon incorporated the company as Cadabra in 1994 but changed the name to Amazon for the website launch in 1995. Bezos selected the name Amazon because it was “exotic and different”. Moreover, he assumed company’s size as Amazon River, one of the largest rivers in the world. As it was his aim to achieve such heights. Headquarter of Amazon is in Seattle, Washington. The company has individual websites, software development centers, customer service centers and fulfillment centers in many locations around the world (Rouse, 2018)
II. IMPACTS OF GLOBALIZATION
a. VARIOUS WAYS IN WHICH GLOBALIZATION AFFECTED …show more content…

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,

Show More
Related

Barnes And Noble Case Summary

1271 Words | 6 Pages

Over the past decade, Amazon has gained a vast advantage in revenue because frankly, they have produced better electronic products. With this being said, B&N did try to increase business by branching out to school and university bookstores. Their organization operates campus bookstores for leading universities, colleges and other types of schools. They work closely with each institution to promote their own unique vision and help them to build a bookstore that adds value to the campus (Hardiman,

Read More

Amazon Financial Analysis Paper

754 Words | 4 Pages

ECONOMIC Regarding the economy, Amazon needs to face the American and European money related emergency, which has seen their income reduction amid 2008. Monetarily confounded times have a tendency to change customers' buy propensities and this one is no exemption, with new gatherings as the infuriated shopper and new concentrate on value getting to be a piece of the new reality. The organization has four great perspectives to draw upon however, in order to minimize the effect. Initially, it effectively survived an emergency amid the .com rise of 2000, so it has past experience taking care of storms.

Read More

Amazon Internal Environment Analysis

722 Words | 3 Pages

Many states within the United States have passed online shopping sales tax laws which have been designed to compel Amazon and other e-commerce retailers to collect both state and local sales taxes from their customers. In 2011, it was noted that Amazon only collected sales tax from five states, however in April of 2017, it was said that the company must collect sales tax from consumers in all states that currently have sales taxes. ANALYSIS OF STRATEGIC FACTORS In a December 2011 article written by Forbes contributor, Venkatesh Rao, he states that “the company [Amazon] is nothing if not deliberate and systematic in everything it does.” Rao goes on to say, unlike the other big companies that symbolize our times – Google, Apple, Facebook and Microsoft, Amazon did not rise to power by inventing a new product or service.

Read More

Barnes & Noble Vs Amazon

1056 Words | 5 Pages

Amazon has such a large consumer span with having really everything you may need at your fingertips. Not too long after Amazon launched, lots of backlash came from other business within the industry who feared the competition and the potential damage that Amazon could have on their business. One of those particularly being Barnes & Noble. For many years Barnes & Noble was the leading book store in the nation. Once Amazon launched their sales slowly began to decline.

Read More

Amazon Research Paper

158 Words | 1 Pages

Amazon.com commonly referred to as ‘Amazon is one of the largest internet based retailers in the United States of America. It mainly provides electronic and cloud computing services. The company was originally founded as an online bookstore by Jeffery Bezos (Bezos) in Seattle, Washington State in 1994. He completed and shipped orders from his garage to customers across the United States of America, and forty five international countries. The company went public in 1995, and reincorporated in the state of Delaware in 1996.

Read More

Postmodernism In The Workplace

724 Words | 3 Pages

The process of globalization has a major effect in the changing world. Globalization have two main drivers which is economic institution and information technology. There is a rapid change in technology as well as knowledge therefore for organizations to be competitive in the global market they need to be familiar with new

Read More

Post American World Order And Globalization Case Study

1601 Words | 7 Pages

The advancement of technology and information has taken place in many countries. The Advancement of communication technology with the more extensive network of television, radio, and the Internet spread in different countries with different cultures create a society in a country can easily get information from countries around the world. This has led globalization. Globalization is the process whereby individual lives and local communities are affected by economic and cultural forces that operate world-wide (Ashcroft, Griffiths, & Tiffin, 2000). Opportunities

Read More

The Impact Of Globalization On Apple

1025 Words | 5 Pages

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. The most common example of globalization might be Ebay or Amazon. Nowadays flows of goods and services are not only cheap and fast, but reliable and secure.

Read More

Amazon Big Data Case Study

928 Words | 4 Pages

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.

Read More

Amazon's Core Value Strategy

1781 Words | 8 Pages

But the huge investments for it can be risky, due to low profit margins and sales reduction can cause effects on cash flow or new technology investments. Conclusion Amazon.com has been strong and steady since its foundation. Jeff Bezos openly claimed the mission statement to be the guiding force behind his decisions. It can be believed that the success of Amazon.com has been due to mostly, if not totally, their unwavering commitment to its mission and its implementation.

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

Amazon Customer Analysis

829 Words | 4 Pages

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

Read More

Globalization Case Study

733 Words | 3 Pages

The gaps between the leaders and the rest of the world are closing very gradually. But digital technologies can domestic complexity and create slenderer models for going global. This is a moment for companies to rethink their organizational erections, products, assets, and competitors. Digital globalization makes policy choices even more multifaceted. Value chains are fluctuating, new pivots are evolving, and economicactivity is being transmuted.

Read More

The Negative Impact Of Globalization On The Global Economy

3640 Words | 15 Pages

Introduction Globalization: a complex and controversial phenomenon that has faded the economic state boundaries inevitably in the past decades mostly due to technological advancements. The phenomenon is usually referred to consist of four waves. The fourth and most resent wave started around year 2000 and was a follow- up to the third wave, starting from the early 1980s, where companies started to outsource production to developing countries. The fourth wave is mostly consisting of China’s rise to be one of the most favored production sites and hence, changing the economy and the political hegemony of the United States. The globalization has increased hugely during the third and fourth waves and national economies in the world have increased co-operation and thus, the world has been integrating into one immense economy system.

Read More

Amazon's Culture: A Case Study

874 Words | 4 Pages

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

Read More

More about Globalization Case Study: Amazon

Related Topics

Open Document