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. 4.1)Differentiate between the different types of managerial decisions with reference to the above scenario.
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. 4.1)Differentiate between the different types of managerial decisions with reference to the above scenario.
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.
4.1)Differentiate between the different types of managerial decisions with reference to the above scenario.
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