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Leading Change Company Analysis

Submitted by rchavarin2 on April 19, 2008

Category: Business
Words: 812 | Pages: 4
Views: 152
Popularity Rank: 86,930
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Amazon.com is a leading business to consumer internet retailer, selling everything from books to toasters to bicycles. Amazon was founded in 1995 by Jeff Bezos. Bezos was an Vice President for D. B. Shaw, an investment bank, before starting Amazon.com. Bezos realized the power of the internet for commerce, and began by selling books. Bezos chose to startup in Seattle because of the technical talent located there. Over time, Amazon.com moved to selling music, toys, electronics, tools, sporting goods, health and beauty products and even groceries.
When Amazon.com was started, internet retail was in its infant stages. Bezos had the challenge of building a reliable, profitable business that could engage in world-wide commerce, yet still satisfy customers. Amazon.com had to compete with “brick and mortar” businesses as well as other internet retailers such as Barnes and Noble.
Bezos has a customer-centric vision. Amazon.com wants to give customers what they want. This means that Amazon.com asks customers what they want, figuring out how to give it them, then delivering. Amazon offers a diverse product line, low-prices and aims to deliver an enjoyable shopping experience.
Amazon.com constantly communicates with its customers. Customers on its website are constantly asked to rate their products and shopping experience, in order to get feedback on what the customer likes and dislikes (Ratnasingam, P., 2006). Customer Service is critical to Amazon.com’s success. In addition to using artificial intelligence to determine customer wants, Amazon.com still relies on human capital. Bill Price, head of customer service acknowledges that all things can’t be automated. “To do this job right, you need a real passion for the consumer. The best customer service reps are the individuals who have a lot of empathy for frustrated customers,” (Kargar, J., 2003).
Amazon.com has approximately 7,800 employees. Their philosophy is...

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