Responses to Other Students: Respond to at least 5 of your fellow classmates with at least a 100–200-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:
• What did you learn from your classmate’s posting?
• What additional questions do you have after reading the posting?
• What clarification do you need regarding the posting?
STUDENT 1:
• Introduction: Describe the company, its industry, and its business context.
AMAZON: Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.
Critical incidents: Include any stories of the organization’s challenges or achievements. How did it overcome the challenges? How did it accomplish its achievements?
1. 4-Star Employer, VETS Indexes Employer Awards, 2021.
2. LinkedIn Talent Awards, U.S. Edition: Diversity Champion and Best Employer Brand, 2021.
Amazon happens to be one of the most successful companies in the in the world. Its because of its
1. Large Selection: Consumers always want to find the product they are looking for and, of course, this product should be in stock.
2. Low Price: Consumers want to pay as little as possible for a product.
3. Fast Delivery: Consumers want to get their orders as quickly as possible.
What set Amazon apart is the long-term strategy for success, even in the face of the relatively short-term loss of profit. For perspective: It took Amazon 14 years (!) to make as much as they did in the 3rd quarter of 2019. Because they wanted to be the biggest, they had to be the best, and to be the best, they had to become the biggest.
One of Amazon’s biggest challenges is Strict Inventory Expectations. One of the biggest Amazon challenges is that Merchants on Amazon are expected to maintain prescribed levels of inventory at all points. Too little inventory with high turnover means frequent stockouts.
• Conclusion: Would you invest in this company? Why or why not?
