Introduction
The advancement of technology has been able to bring a complete change in different tasks of the world. The internet have a major impact where the e-commerce business is set with the ability to conduct business over the web (Galliers et al., 2014). The discussion is about how Amazon is able to handle the e-commerce business by selling the different products with accuracy.
Mission, Vision of Amazon
Here, the company focus on leveraging the technology with major expertise of the invaluable evaluation to provide the customers with best experience of shopping. (Kanammal et al., 2015)
The values are administered through the obsession of the customer, innovation, ownership and the hiring bar with frugality. The company handle the products in the stores with proper lists of the inventory etc.
Challenges faced by Amazon to handle the Pricing Strategy.
Balance Scorecard
The focus is on how Amazon is able to evaluate the different financial perspectives which are set in relevance to the revenue growth and handling the product offering in effective manner. (Fleischmann et al.,2014)
Business Model
The company Amazon focus mainly on handling the Amazon-to-Buyer Sale Approach where there are different levels of the e-commerce systems. It is important to handle the customer tracking through properly operating the websites which tend to support the business operations globally with offering different items for the sales. (Veit et al., 2014)
There are different models namely,
The conceptual model
The structural model.
Supply chain with the fluctuating demand
It is important to focus on the supply chain which focus on handling the high demand in inventory where the purchase for the low demand titles from the distributor is in process to the orders for the customer (Wixom et al.,2014).
There are different reductions in the costs which are the inventory, facility, transportation, and the information cost.
Recommendations
The focus is based on the business applications with the online retail, internet services with properly distributing on-demand video streaming (Khodakarami et al., 2014).
Conclusion
The company focus on the evolution, expansion and attention to the economy where the logical path is set for the resource channels and to match the B2B and B2C system (Aithal, 2016). With this, there are standards set for the strength of the brand and trust with better customer experience.
References
Galliers, R. D., & Leidner, D. E. (Eds.). (2014). Strategic information management: challenges and strategies in managing information systems. Routledge.
Kannammal, A., & Iyengar, N. C. S. (2015). A framework for mobile agent security in distributed agent-based e-business systems. International Journal of Business and Information, 3(1).
Fleischmann, A., Schmidt, W., Stary, C., Obermeier, S., & Brger, E. (2014). Subject-oriented business process management. Springer Publishing Company, Incorporated.
Veit, D., Clemons, E., Benlian, A., Buxmann, P., Hess, T., Kundisch, D., ... & Spann, M. (2014). Business models. Business & Information Systems Engineering, 6(1), 45-53.
Wixom, B., Ariyachandra, T., Douglas, D. E., Goul, M., Gupta, B., Iyer, L. S., ... & Turetken, O. (2014). The current state of business intelligence in academia: The arrival of big data. CAIS, 34, 1.
Khodakarami, F., & Chan, Y. E. (2014). Exploring the role of customer relationship management (CRM) systems in customer knowledge creation. Information & Management, 51(1), 27-42.
Aithal, P. S. (2016). Study on ABCD analysis technique for business models, business strategies, operating concepts & business systems. Browser Download This Paper.
