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This week, we're going to be discussing Amazon and it's ascent to become one of the...

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General Management

This week, we're going to be discussing Amazon and it's ascentto become one of the largest global online retailers. Get ready foranother great set of conversations!https://www.youtube.com/watch?v=YlgkfOr_GLY

Why do you think has Amazon succeeded when so many othercompanies have failed? How did their First Mover's Advantage factorinto their ubiquity? How long did it take for Amazon to becomeprofitable? What’s next for Amazon... Cloud computing? Deliveriesby drone? Travel? Retail?

You should research the company and include the following inyour conversations: current revenue and gross profit stats majorcompetitors Use this site for your financial research:Finance.Yahoo.com

Answer & Explanation Solved by verified expert
3.5 Ratings (450 Votes)
We think that Amazon had succeeded when so many other companies have failed because of the following key reasons as below Amazon Strategy was adequate for the online business and they could able to implement the Amazon online business successfully Amazon supply chain was effective and it was the key reason for success of the Amazon as their supply did not    See Answer
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