Impact Of Globalization On Amazon

Amazon is a Fortune 500 e-commerce company based in Seattle, WA. It is one of the top companies that sells the most goods over the internet.

Amazon is an e-commerce company, founded by Jeff Bezos in 1995 and was originally ran in his garage. In its early days, Amazon only sold books online but quickly grew into one of the biggest companies in the world. Today, Amazon’s website offers an endless variety of products and services and continues to grow and evolve with the ever-changing market.

Globalization is a growing part of everyday businesses. This is the process of interaction and integration among people, companies, and governments of different nations. With the world of online retail, the buying and selling to one person to another has grown drastically. There has also been a substantial change in technology and what we as people can do in today’s time rather than in the past. Amazon is a huge retail giant and buying and selling items is one of their key functions. The impact made on Amazon is nothing but an advantage. Amazon currently is the 56th largest company in America by market capitalization. Being one the largest retailer around, 15th in the nation at that, Amazon has made a name for themselves. Amazon has made some very substantial growths and with these opportunities they face they can make even more advances in the future. (Globalization 101, 2016)

This sort of global expansion adds great complexity to the functionality of Amazon’s management, personnel, operation systems, technical performance, financial resources, and internal financial control and reporting functions. With the perplexity of current situations, Amazon may not be able to sustain growth effectively, which ultimately could bring damage to their reputation and limit their operating growth as well. .

LaVecchia, O. (2016, November 29). Report: how amazon’s tightening grip on the economy is stifling competition, eroding jobs, and threatening communities. Retrieved September 9, 2017, from https://ilsr.org/amazon-stranglehold/

The business environment is constantly effected by the global economy. This is because of the business cycle causing fluctuations with consumer spending patterns – relating to interest and inflation rates – as well as profitability of the company. Amazons sheer size and heavy dominance over its associated markets enable stability throughout the cycles. Despite changes in the global economy such as interest rates and inflation rates causing consumer spending patterns and disposable income to decrease – Amazon has maintained an increasing level of profit from 1999-2015 (Wikinvest.com, 2015). Thus showing that the global economic crisis of 2008 did not affect Amazons profits to large extent, on the whole. As UK and US markets were declining due

Headquartered in Settle, Washington DC, Amazon.com is a cloud computing electronic and commerce company (Amazon, 2016). The company is one of the largest internet based retailers both in the US and globally based on total sales and market capitalization. The company does a majority of its business through online retail websites throughout the United States and with more that ten countries throughout World. In 2015, Amazon overtook Wal-Mart to become the most valuable retailer by market capitalization.

Amazon.com, Inc. was founded by Jeff Bezos out of his own garage in July 1994 under the name of Cadabra. It went online in as Amazon.com in 1995. Since that time it has never looked back and is now the world's largest online retailer. It is an American multinational electronic commerce company with headquarters in Seattle, Washington, United States. With a total revenue of US$ 61.09 billion, it has a total of 88,400 employees as of December, 2012. At first it started as an online bookstore, but soon it diversified

Every company has their own supply chain in order to sort or produce goods. However, the company needs to manage supply chain to maximize its highest benefits. By having effective supply chain management, the company can ensure that the right product or service will be available at the time to the right place and at the right price (Kamal 2007). Amazon is one of the companies that have best supply chain practices in order to respond high level of responsiveness for the customers. Thereby, this paper explains about Amazon Company, analysis of Amazon’s supply chain, recommendations and barriers to implement will be discussed.

This strategy will help Amazon increase its low profit margin, decrease its operational cost, increase customer response and order processing services and pass that savings on to the customer.

Amazon is a global e-commerce player selling a wide variety of products online. The firm is a market leader in the United States, the United Kingdom, Germany and Japan. It is a dominant player in the West, but has struggled in the Chinese market since the time of its footing in the country. China’s B2C e-commerce market size is almost identical to that of the US.

Today amazon has its acquis ion in various countries such as US,UK France, Canada, GERMANY , Italy, Mexico, ,Japan Spain, ,Brazil, Australia, China and yes India.

This American company is headquartered in Seattle, Washington and was founded by Jeff Bezos in 1995 (amazon.com). Jeff Bezos is a visionary who saw the opportunity to use technology as a platform for retail purchasing, originally books, but soon expanding into nearly any item imaginable that could be shipped (Cuneo, 2000). Mr. Bezos named his company after the world’s longest river, and today, it is easy to see that Amazon’s success and market niche, appears to be flowing abundantly, and streaming excellent customer service.

Amazon.com is one of the largest online selling companies based on United States and amazon.com headquarters in Seattle, Washington.

The Amazon.com was founded in 1994, in Seattle, Washington (Amazon, 2015). The Official Website page of Amazon.com is www.amazon.com. The vision of Amazon.com is “Our vision is to be Earth 's most customer centric company; to build a place where people can come to find and discover anything they might want to buy online” (Amazon, 2015). Initially it started selling books, but later it started dealing in DVD’s and CD’s of movies, television Serials, Music Albums, Software, Video Games, etc. but lately it has been dealing in Furniture, Jewelry, Electronics, Toys and Apparels, and clothes. It was a boom in U.S., but lately it has been widely reaching in all of the major countries (Amazon, 2015).