Amazon : The World 's Largest Online Store

Amazon.com was founded in 1994, it started by selling books online. As it grew, the company started offering various products and services. Some goods include: DVDs, videos, electronics, camera and photography, clothing apparels, shoes, and so forth. Other retailers have merged with Amazon.com to offer diverse quality of items based on different degrees of usage, such as new, refurbished, and used items. The company 's headquarter is in Seattle, Washington. It has six global websites that serves customers that are based in the United States, the United Kingdom, Germany, France, Canada, and Japan. Their website features: e-mail order verification, customer review on products, and one-click shopping.

Amazon is the world’s largest online retailer that was launched in 1995 (Rouse, 2014). Amazon was mainly a book selling company that has enlarged its’ business by selling a variety of goods. The company sells all types of technology devices such as cell phones, games, televisions, movies, cameras, computers,

One of America’s greatest start-up success stories is Amazon. Jeff Bezos launched the website in 1995 and he is now having revenues of $61 billion. At the start of e-commerce, Amazon was an innovator of delivering supreme customer service, which at that times was very rare. Amazon is an illustration of massive organising skills, the company sells an enormous range of products, all day, every day, for 365 days a year and is able to maintain over 80 warehousing and fulfilment centres.

Kargar reports, “the company had a weak balance sheet [and] massive negative operating cash flow” (Kargar, 2004). Throughout the company’s financial history there have been many monetary losses. According to Robert D. Hoff and Heather Green, in 2002, “the company still carried $2.2 billion in long-term debt” (Business Week, 2002). In International Journal of Cases in Electronic Commerce, Pauline Ratnasingham reports that “Amazon.com shareholders lost 80% of their value in 2000” (Ratnasingham, 2006). Though sales increase rapidly, losses continue to soar as well. Despite the financial failures, in 2006 Bezos’ still believed that his investments would yield big payoffs in later years and that Amazon.com would be a “meaningful business...one day” (Hoff, 2006).

Amazon is an American commerce company based in Seattle, Washington, USA. The company used to be only a bookstore, but now it diversified into difference type of products. The goal of Amazon is to provide one stop shop experience where the customer can find everything on Amazon as earth’s biggest selection (Warman 2012). Amazon operates as a pure internet retailers that does not have retail store at all while the delivery will be done through Amazon’s networks of distribution centres. This operation makes the company is able to provide wider range of goods and lower cost of products with high quality. Moreover, it is also increase customer satisfaction as it supports customer convenience.

The company Amazon began in Washington State in the year 1994 and "opened its virtual doors on the World Web in July 1995." (Amazon 12) Jeffrey P. Bezos is the President and Jeffrey M. Blackburn is the Senior Vice President of the company. Amazon wants to be known as the "Earth 's most customer-centric company and it has four guiding principals that it follows: customer obsession, passion for invention, commitment to operational excellence and long term thinking." (Amazon 12) The company sells books, electronics such as the tablets, TV 's, phones, music, clothes etc. It is a virtual shopping mall is filled with everything you could ever want.

Amazon.com known as the largest internet retailer, it is clear the Amazon is anything but a traditional retailer. Amazon does sell products at the standard mark-up, it also is an alternative to other retailers by acting as a gateway for used goods (Noren, 2013).

Amazon.com is an international electronic commerce company that’s sell all kinds of books, CDs, Videos, DVDS electronics, toys, tools, apparel and kitchen gadgets. Amazon was founded in 1994 with headquarters in Seattle, Washington. Today Amazon has grown to be a Fortune 100 Company. Jeff Bezos was founded the company in 1994 from his garage. Bezos wanted name the company with “A” letter, so he settled on “Amazon”. Bezos, name Amazon because Amazon is the largest river in the world and he wanted his business to be the largest in the world. Amazon.com debut on the web in 1995 today is the world largest online retailer.

Amazon.com, Inc. is an American electronic commerce company with headquarters in Seattle, Washington. It was founded in 1994 and known as the largest Internet-based retailer in the United States. The model of Amazon.com is much closer to the traditional style of retailing which it provides direct selling, owning distribution centres and warehouses. Amazon.com was started as an online

During 1994, a man, Jeffrey Bezos, who after completing graduation from Princeton University was hired by D.E. Shaw, a Wall Street firm. During his occupancy there he was astonished to learn an interesting statistic on the Internet. Bezos had learned that the Internet was growing at the rate of over 2300%! Bezos was no fool; he quickly decided to venture out of D.E. Shaw to create a new company. Bezos made a list of items that he could potentially sell on the Internet in which he narrowed down to books. Bezos then moved to Seattle, WA for its proximity to high tech work force as well as being in reach of large book distributors. Not only that but because of high sales

With Amazon.com currently reigning as the leading e-commerce organization in the world, it would be hard to fathom this would be the case without major efforts from human resources. According to my review of the literature in the coopetition case study, Amazon believes in serving the customer and creating value for that customer. This value creation and customer service would be difficult to achieve without an important HR function; recruitment and selection, and the staffing of organizations. “Staffing is a critical organizational function concerned with the acquisition, deployment, and retention of the organization’s workforce” (Heneman, Judge, & Kammeyer-Mueller, 2012, p. 6). In simple terms, Amazon would not be the organization it is today without being able to hire the people it needs, use them effectively, and keep them from leaving. Additionally, as noted by Heneman, Judge, & Kammeyer-Mueller (2012), “staffing is arguably the most critical function underlying organizational effectiveness, because “the people make the place,” because labor costs are often the highest organizational cost, and because poor hiring decisions are not easily undone” (p. 6).

Jeff Bezos is the CEO and founder of the world 's largest online bookstore Amazon.com; In August 2013, Bezos spent 250 million US dollars on behalf of the individual acquisition of "Washington Post". Bezos will use the private identity, rather than through the Amazon to complete the transaction. In competing with other company market, the advantage of Amazon become more obvious, Amazon was one of the cheapest online bookstore, it always on sale. Compare to other traditional bookstore, it was more convenient by just click the product and you can get all the books, and it has very fast service. Amazon also provides efficient, reliable back-end services to an enormous range of customers through Amazon Web Service.

Summary Amazon.com is an online retailer that sells all sorts of items to customers all over the world. This report examines the history of the company, explores its competitors, job opportunities, Employee Benefits, and explores its locations.

Amazon founded by Jeff Bezos and has been gone online in 1995 by selling book, but not to after the company soon widened in selling by music industry products, electronics and technology industry products, appliance automotive, products, jewelry, watches , health care items, beauty products, Clothing, furniture, food toys and so on. The company has expanded its e-commerce platform by establishing website in United Kingdom, Canada, Italy, japan and many other countries worldwide. . The purpose of amazon is to connect buyers and sellers around the world. Technology and information systems are critical to the success and future of the company.

When the dot come bubble burst, so did Amazon.com’s stock went with it. Bezo at that time had to come up with a goal that would increase his market share and still produce a profit. Shortly after Amazon.com started investing in other online retailers, this proved to not be as profitable as he had thought. So another strategy was developed. He had decided that forming partnerships with other retailers. This idea was successful with this strategy they were running other retailer’s web sites in 2003. Amazon.com was earning a percentage of sales and a management fee for their services. Bezos also decided to cut expenses in advertising, by getting rid of the expensive television and radio ads he focused more on the e-mails and reminders to his customers. In 2002 Amazon.com produced it first operating profit.