In: Operations Management
For your company Amazon:
(Please answer step by step) (Dont copy/paste information please)
1.Innovation process of amazon compnay:
Innovation means to to do some thing new and creative which only possible if staff and team members are creative in Their work and always wants to do new things.
Each and every member idea is important and taken seriously and their innovative ideas.
They believe in experimenting the new idea if that idea does not succeed then they will go for new they donot stop if one idea doesn't work.
If any company focus on innovation servive for long term in the market they make one saperate branches for innovation team their full time job is to research the market and customer needs and create new innovative ideas.
2.The life cycle of company's industry :
The life cycle in general we talk is the God which means Genetor Operater and Destroyer in the same way the life cycle of a company industry is establishments in the initial stage, growth in the business and some ups and down in the business, finalized and come to diminishing stage.
3.The amazon uses the innovation techniques of their employees and workers idea which are very creative and fruitful for the company and second the feedback from customers for more innovative idea what type of changes they want in Their product or service provided by customers and they take their changes as innovative ideas.
4.This is best innovative idea which provided by our customers and employees because our company is ultimately working for them only so taking ideas and innovative techniques form them will provide best services and product to customers only.
6.Companies growth strategies are: The growth strategy of amazon company is that it apply new and innovative strategy for earning revenue and by making new and innovative pruduct for each segment of the industry mostly they apply the strategy by taking feedback from their customers and try to make their products more attractive and effective for the successful functioning of their industries.
7.The countries like mayammar Cuba South Korea where amozon company is not there because for more exploration of amozon company is targeted to come these countries also in coming days because their targeted customers is not avialbe there a company works where there is some customer base and needs of their products and services.
8.The globe strategy which amazon deploy is that it try to reach the large segment of the customer for its further exploration and many more company will also invest in this company by which its growth gets increased from time to time.
9.The companies organizational structure is machanistic because its works with the man power and their ides which is used as innovative ides for the successful functioning of their business it works step by step like launch growth ups and down and declining.
The strategy the company apply is multi divisional because it is very diversified and wants to achieve each and every sector of the economy and every segment of the economy then only the it reaches the highest standards sets by the company.
The corporate governance policy is created for the proper code and conduct of government is applied for the customer service so that the process and rules and regulations has been applied properly or not.
The business ethics of the company is that all the business rules with the application of laws and code of conduct is applied for the effective functioning of the organisation is applied.
Thus in conclusion with application of rules and regulations the profitable business is conducted and customers are satisfied with the company goods and services.