Preview

Principal of Economic

Better Essays
Open Document
Open Document
2130 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Principal of Economic
ASSESSMENT 2: INDEIVDUAL WRITTEN REPORT [Weight 20%]

PRINCIPLE OF ECONOMIC [CZBB9001] ADVANCED DIPLOMA in BUSINESS [April 2013]

MARKET STRUCTURE OF AMAZON INC.
By: NGUYEN VINH TRUONG ( WILL) Supervised by: Michael Leong

Presented to The Faculty of the Department of Business Submitted: 2th May, 2013

1

Contents
I. II. III. IV. V. Executive summary .............................................................................................................. 3 Introduction and Background of company. ......................................................................... 4 Analyze ............................................................................................................................. 4 Conclusion ........................................................................................................................ 9 Reference ........................................................................................................................... 10

2

I.

Executive summary
Amazon Inc. is one of the most popular web-site which sell online book in the beginning and with development they create more product line for attracting new customer from other website. This assignment will analyze what type of market structure that Amazon Inc. use for the company to enter the new market and manage the company. It is also about how they change the form of company from oligopoly to monopolistic competition. On the other hand, with the development of technology, Amazon Inc. has to create Kindle – Fire tablet (1st is electronic book) for entering new market. That is a big movement of Amazon Inc. and it makes other competitors have to go after Amazon Inc. and create the same product.

3

II.

Introduction and Background of company.

As you know Amazon.com is one of the best online stores in over the world. When you access to the website of Amazon.com, you can find all thing that you intend to find and buy. Amazon.com, Inc. is

You May Also Find These Documents Helpful

  • Powerful Essays

    1. 2. 3. Company Overview ............................................................................................................................... 3 Valuation Approach .............................................................................................................................. 4 Valuation ............................................................................................................................................... 6 3.1. 3.2. 3.3. 3.4. 3.5. 4. Insurance .......................................................................................................................................…

    • 4577 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    Amazon.com is a publicly traded worldwide online retail company founded by Jeff Bezos on July 5, 1995 in Seattle, Washington. The company originally began as an online bookstore as Bezos felt there was a high demand for literature, and books had a low price point and a huge selection of titles available in print. Technological innovation drives the growth of Amazon.com to offer customers more types of products, more conveniently and at lower prices. Since 1995, Amazon has significantly expanded its product selection, international retail websites, and worldwide network of fulfillment and customer service centers. Today, Amazon retail websites offer everything from toys and video games to MP3 downloads and collectible items (amazon.com, 2014). Amazons business model is fairly simple; to sell various products and goods online at an affordable cost to consumers. Amazon has managed to not only achieve this business model but they have also managed to consistently expand and become the largest online retailer to date. To keep up with global demand, Amazon had to expand its products and services offered while continuing to forecast consumer’s needs. “In 2000, Amazon.com began to offer its best-of-breed e-commerce platform to other retailers and to individual sellers. Today, hundreds of thousands of world-class retail brands and individual sellers increase their sales and reach new customers by leveraging the power of the Amazon.com e-commerce platform. Partners work with Amazon Services to power their e-commerce offerings from end-to-end, including technology services, merchandising, customer service, and order fulfillment. Other branded merchants leverage Amazon.com as an incremental sales channel for their new merchandise. Over 2 million third-party sellers participate in Amazon where they offer new, used, and…

    • 891 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Bus 320 Final Paper

    • 1741 Words
    • 7 Pages

    Since Amazon.com is an internet only retailer and the customers consisting of people around the world, anyone with access to the Internet can type in Amazon.com into the web browser and start purchasing products they want. The only downfall is that the company cannot reach those who do not have access to the Internet because there are no…

    • 1741 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Capstone Project Bus599

    • 2781 Words
    • 12 Pages

    Amazon.com is an organization that offers a broad range of services to consumers and is considered an online leader of pure-plays - pure online merchants. Amazon.com was founded in July of 1995 with a mission to fully utilize the Internet to make book buying fast, easy, and all in all, a very enjoyable experience. They currently have 29 million customers in 160 different countries, making Amazon.com one of the leading online merchants. It is rated third in business-to-consumer online revenue as of June 20, 2000. Amazon.com represents the ideal e-Commerce company. It was one of the first to demonstrate the potential for "virtual" upstarts and turned the market on end - even leading the "bricks and mortar" companies.…

    • 2781 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Nonetheless, Amazon was incorporated in 1995. It offers online retailing services to customers across the world. Amazon focuses on convenience, selection, and price. In addition to the direct retailing services, the company allows other small and medium sized businesses to sell their products through the company’s websites. The customers and business are able to complete their orders and transactions in Amazon’s websites. Other individuals such as authors, musicians, and filmmakers are also able to sell their products using the same platform. Millions of products are offered through the website. The website may be accessed through PCs, and even mobile applications. The core segments of the company include the…

    • 1627 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Amazon is a website offering numerous product categories ranging from books, to videos, to music, to technology products, to health and beauty products, to sporting goods, to automotive and plumbing products (the list goes on and on). It is like stepping into a virtual Wal-Mart with an emphasis on books, entertainment media and entertainment products. Amazon has distinguished itself as a leader especially in these categories by delivering products quickly, cheaply, and with no hassle guarantees. The site is laid out in a very intuitive way that makes it easy to understand and follow. Features like browser history which tracks what you have already looked at, one-click check out, and Prime membership which offers reduced shipping to its members have proven to be extremely effective. Perhaps the weakness of Amazon, if there is one, is that it is a website is designed for “everyone.” The actual appearance of the…

    • 958 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Amazon.com Inc. operates web sites that sell various products and services, which primarily include apparel, shoes, and accessories; health and personal care; baby care products; books; camera and photography; and consumer electronics. The company and other sellers also offer various new, refurbished, and used items in categories, such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, digital versatile discs, electronics and office, toys and baby, and home and garden. These products are purchased from distributors, publishers, and manufacturers. The company and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com. It also operates www.a9.com and www.alexa.com that enable search and navigation, and www.imdb.com, a movie database Web site.…

    • 2039 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Amazon is the largest internet based retailer in the United States, which offers millions of products and offers great services. Amazon's well-known for Amazon prime in which we give a two-day free shipping service.…

    • 224 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    The company accomplishes this by operating six global internet sites: www.amazon.com, www.amazon.ca, www.amazon.de, www.amazon.jp, www.amazon.co.fr and www.amazon.co.uk. Through their zShops, auctions, affiliate program, Merchants@ and Amazon Marketplace programs, Amazon, and their sellers and partners, offer new and used collectibles and products in categories such as apparel and accessories, DVDs, electronics, computers, books, music, videos, cell phones, tools and hardware, the list is almost endless. In order to maintain quality, the company packages and ships all of its merchandise. They also continue to negotiate volume deals with suppliers to meet their goal of lowering prices.…

    • 1608 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Amazon.com Case Study

    • 1314 Words
    • 6 Pages

    2. Trace the evolution of the Amazon.com business from the company’s launch in 1995 to the dot.com collapse in 2000. How did the company’s strategy change over time? How did IT capabilities evolve? What value did it deliver to all stakeholders?…

    • 1314 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Executive Summary of Amazon

    • 3297 Words
    • 14 Pages

    Amazon.com till date has gone through many ups and downs. It has been registered as the largest customer base with yearly sales of billions of dollars. Now Amazon.com offers very wide variety of products. Anyone can buy any products of almost any brand. Their company went through a tough time in between when they were trying to compete with competitors like Wal-Mart and eBay. But they were able to come out of it but improving their services according to customer experiences. They improved on their strengths and worked on weaknesses so as to make the customers experience more enjoyable and interesting.…

    • 3297 Words
    • 14 Pages
    Best Essays
  • Better Essays

    AMAZON SWOT ANALYSIS

    • 718 Words
    • 3 Pages

    Start as an online book seller, Amazon has now grown “to a virtual Wal-Mart of the web” (Jatinder G. & Sushil S., 2004). These products are delivered with high quality and excellent customer service at lowest costs. This gives Amazon customers’ trust and loyalty which means profits to the company.…

    • 718 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Economic Research

    • 1797 Words
    • 8 Pages

    Cited: 1. "Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & More." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & More. N.p., n.d. Web. 27 Feb. 2013.…

    • 1797 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Lulu

    • 6162 Words
    • 25 Pages

    Explain the origins of the strategic position of Amazon.com, and explore the role played by the leadership in developing and re-establishing a clear strategy. (15 marks - 400 words)…

    • 6162 Words
    • 25 Pages
    Satisfactory Essays
  • Good Essays

    Hr Practices at Parle

    • 11276 Words
    • 46 Pages

    This project is the result of the help of the various people who rendered their support and suggestions from time to time. I take this opportunity to thank all of them with a deep sense of gratitude and reverence.…

    • 11276 Words
    • 46 Pages
    Good Essays