Amazon’s Jeff Bezos’s strategy to get big fast helped the company grow tremendously. But this strategy worked at a cost – perennial financial losses. Bezos made decisionsregarding sorting orders anticipating demand, more efficient shipping, foreign partnership and opening a marketplace allowing othersellersto sell their books at Amazon. As a result, for the first time in company history, Amazon earned a profit. 4.2) Using the above scenario as a guide, and additional research, discuss ‘Globalisationand the global economy’ as a variable influencing contemporary organisations such as Amazon.
Amazon’s Jeff Bezos’s strategy to get big fast helped the company grow tremendously. But this strategy worked at a cost – perennial financial losses. Bezos made decisionsregarding sorting orders anticipating demand, more efficient shipping, foreign partnership and opening a marketplace allowing othersellersto sell their books at Amazon. As a result, for the first time in company history, Amazon earned a profit. 4.2) Using the above scenario as a guide, and additional research, discuss ‘Globalisationand the global economy’ as a variable influencing contemporary organisations such as Amazon.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Amazon’s Jeff Bezos’s strategy to get big fast helped the company grow tremendously. But this
strategy worked at a cost – perennial financial losses. Bezos made decisionsregarding sorting orders
anticipating demand, more efficient shipping, foreign partnership and opening a marketplace
allowing othersellersto sell their books at Amazon. As a result, for the first time in company history,
Amazon earned a profit.
4.2) Using the above scenario as a guide, and additional research, discuss ‘Globalisationand the global economy’ as a variable influencing contemporary organisations such as Amazon.
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