Selection And Description Of Organization Select A Business
Selection And Description Of Organizationselect A Busine
Assignment 2: Selection and Description of Organization Select a business organization from the Fortune 500 which is of interest to you and ensure that you will be able to obtain the necessary information about its strategy, business model, and performance (much of this information can be obtained from the organization’s Web site, annual report, financial news, etc.). Write an overview of the organization you selected, including the following: Name of the organization, locations, web address Overall organizational strategy and business model Products or services, industry, and market position Sources of information about the organization (at least three) Your reasons for selecting the organization For assistance in analyzing strategy, review the presentations in this module's readings available at the textbook Web site.
Paper For Above instruction
The organization I have selected for this strategic analysis is Amazon.com, Inc., a leading global enterprise renowned for its extensive e-commerce platform, innovative logistics, and technological advancements. Amazon is headquartered in Seattle, Washington, and operates across multiple countries with numerous distribution centers worldwide. Its official website, www.amazon.com, serves as a primary portal for its online retail activities, supplemented by regional websites tailored to specific markets.
Amazon's overarching strategy revolves around customer-centric innovation, operational excellence, and technological leadership. Its business model prioritizes a vast product assortment, competitive pricing, and rapid delivery capabilities, supported by a sophisticated logistics network and cloud computing services through Amazon Web Services (AWS). This dual focus on retail and technology has allowed Amazon to diversify its revenue streams and maintain a dominant market position.
The company's core products and services include a broad range of consumer goods, digital content (such as Prime Video, Kindle e-books), and enterprise solutions via AWS. Amazon operates within the e-commerce industry, which is characterized by rapid growth and intense competition from other retail giants like Alibaba, Walmart, and eBay. Despite competitive pressures, Amazon maintains its industry leadership through continuous innovation, expanding its product categories, improving customer experience, and investing heavily in logistics infrastructure.
Sources of information for this overview include Amazon’s consolidated annual reports (available on their investor relations website), third-party market research reports from Statista and Gartner, and recent financial news articles from The Wall Street Journal and CNBC. These sources provide comprehensive insights into Amazon’s strategic initiatives, financial performance, and industry positioning.
I chose Amazon because of its transformative impact on retail, its pioneering role in cloud technology, and its ongoing innovations in logistics and artificial intelligence. Understanding Amazon’s strategic approach offers valuable lessons in adaptability, customer focus, and technological integration, making it a highly relevant organization for this assignment. This overview will serve as a foundation for a deeper strategic analysis in Module 3 and an organizational assessment in Module 5, aligning with the course's objectives and providing practical insights into contemporary global business strategies.
References
- Amazon.com, Inc. (2023). Annual report 2023. Retrieved from https://ir.aboutamazon.com/annual-reports
- Gartner. (2023). Amazon’s strategic position in the cloud and e-commerce industry. Retrieved from https://www.gartner.com
- Statista. (2023). Amazon’s market share and revenue breakdown. Retrieved from https://www.statista.com
- The Wall Street Journal. (2023). Amazon’s latest financial performance and strategic initiatives. Retrieved from https://www.wsj.com
- CNBC. (2023). Amazon’s innovation in logistics and technology. Retrieved from https://www.cnbc.com