Martha_Sandoval_Week 6_Strategy Selection, Organization, and Development Analysis

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MGT-660

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Feb 20, 2024

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Strategy Selection, Organization, and Development Analysis Strategy Selection, Organization, and Development Analysis Martha I. Sandoval Colangelo College of Business Grand Canyon University MGT-660: Strategic Management February 7, 2024
Strategy Selection, Organization, and Development Analysis Introduction Amazon is now the largest online retailer worldwide (David, 2020). Our team has been working on creating the greatest possible strategic outcome for Amazon. To examine the marketing and advertising expenses of each company, the marketing expenses compared to rival companies will be discussed first. The explanation of the perceptual map will come next. The diagramming of Amazon's proposed organizational structure and current organizational chart will come last. Marketing Expenses Against Competition The term "marketing" refers to the set of procedures, ideas, and actions that businesses need to have in order to develop, promote, offer, and introduce offers that draw in customers. Relationship, viral, green, keyword, and guerrilla marketing are some of the methods used in this type of marketing. in addition to the 4Ps, which support successful marketing. Product, price, distribution channel, and promotion comprise the four Ps. Perceptual Map Perception mapping is a popular marketing tool that helps firms thrive. A diagram comparing your own products and services to those of your competitors. There are five steps to help businesses decide how to better meet the demands of their customers. These procedures involve 1) identifying essential criteria for successful differentiation of Industry products. 2) Diagram of two-dimensional product positioning map. Organization-specific criteria on each axis, 3) a listing of important competitor brands in four quadrants matrix, 4) Determine if the corporate brand positioning is ideal, and 5) Repositioning the organization as explained by David and David (2020), brands aim to influence consumer views of their competitors by bidding on demand. Amazon began a good strategy when Jeff Bezos decided to go first with "Buy Everything" by offering the "Books" category first. The causes are as follow: In 1994, the United States' book
Strategy Selection, Organization, and Development Analysis industry was worth $10 billion. People have already bought books. The Washington Post's suggestion to buy books online is straightforward, as a copy of a book is identical across all stores. Jeff Bezos pioneered a low-cost positioning approach based on amazing convenience, immediate access, and a diverse selection (Mohammed, 2019). Everything Store began with books and then with internet shopping. Organization Chart Amazon's current organizational structure includes 33 persons, all of whom work at the same level of management. This section contains a link to the Excel file for Amazon Flow. The organization chart was compared to the proposed organization chart for group settings. The organizational structure should be in line with their strategy. Organizational structure is classified into seven types: 1) function, 2) by region, 3) by product, 4) area by customer, 5) area by process, 6) strategic business unit (SBU), and 7) matrix. Amazon is currently utilizing a more strategic business unit structure for company-size organizations. The group decided to restructure the organizational structure to depict a more matrix structure to build vertical chains of command and authority to form top management. The method of evenly distributing personnel throughout departments. Conclusion Since its founding, Amazon has performed successfully. Now that it has a solid strategy in place, Amazon just needs to worry about how its rivals will enter the e-commerce market. Compared to a mom-and-pop store, Amazon's organizational structure is far more complicated due to its size. Rather than placing fewer people under more executives and facilitating several senior vice president positions, Amazon does not use the widely recommended C-Suite tier framework. The
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