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Fundamentals of Managment

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Submitted By asiwecki
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Fundamentals of Management
Final Paper

Amazon is an online retailer that is very familiar in many homes all around the world. I personally love shopping on amazon, because I can find almost anything I need electronically, books, now even furniture. I got my first real experience with amazon when I wanted to upgrade my cell phone, but even my cell phone carrier wanted a ridiculous amount for the phone I wanted. Even though I have been a customer for years the (SPRINT) wouldn’t budge on the price. So after a little shopping around, even looked at rival carriers with thoughts of possibly switching, I came across the same phone on amazon. I did a few price matching but the deal amazon had been unbeatable. Now the phone was 300 dollars out of pocket to upgrade with my cellular carrier, and maybe 250 to 275 with T-Mobile and Verizon. Amazon had the phone for 124 $ through Sprint, with a new two year contract, free shipping and took care of all the third party agreements. You call that a deal, well I sure did and have been a faithful customer ever since. Now I gave this little history of my own personal experience with Amazon to show that it’s not just ordinary decision I need to give a consult on for me to advise on investing due to their popularity and fame, but to show I have witnessed firsthand on the other side of the table how the company works and how as a customer I felt for the company. In order to give that kind of advice, I will dig deeper in how the business is and if it’s worth the money to invest. Seeing the video of the company’s CEO named Jeff Bezos, I learned how he started up the company and how he laid out his plan. Jeff Bezos has a career background in computers, he stated that he also likes reading, so inventing an online book store was to him genius. In his planning he has to gather all the information that it will take to create the soon to…...

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