Week 5: Executive summary
Amazon.com Inc. has become one of the renowned companies in the web market today. The company’s name reflects the core vision of its founder Jeff Bezos to produce large scale like the Amazon River, which serves to be in the e-market industry. The company has grown to become one of the world’s leading electronic commerce that offers a wide opportunity to its customers. Despite amazon.com operating in the highly competitive market with traditional retailerhttps://essaygroom.com/executive-summary-20/s increasing availing products online, it has become outstanding, thus becoming outstanding in the e-market. The Settle-based company continue to serve as the largest successful pure online merchant with the main goal, “offer the earth’s biggest selection and to be earth’s most customer-centric company where customers can find and discover anything they want to buy(Robischon, 2017).” The management of the amazon company is focused on improving its services to offer improved customer experience.
Although the company has gone through ups and downs, it has emerged to be the most successful in e-commerce becoming a world-leading retailer. However, it has managed to a registered significant number of customers across the world with yearly sales-worthy billions of dollars.The company has managed to work on their strengths and worked on its weakness, thus making its customers experience more interesting and enjoyable.Amazon.com is built on cooperate culture which aims to, “Prior to taking the exam it is important to ensure you are fully prepared to take your exams. It is important to spend couple of hours have deep understanding of the material covered in class (Bezos).”
With growing e-market trend amaoznm.com is constantly adapting and innovating to changes in the market to maintain its competitive advantage(Cutter, 2019). The company has registered a significant revenue generation of $11.59 billion, and this is projected to increase in the coming years. Although the amazon price of stocks may seem highrelative to its earnings, its operating leverage is promising for the e-commerce, and the recent growth momentum makes its stick valuation a premium worth paying upfor.
References
Robischon, N. O. A. H. (2017). Why Amazon is the world’s most innovative company of 2017. Fast Company Magazine, 2.
Cutter, C. (2019). Amazon to retrain a third of its US workforce. Wall Street Journal.