Question

In: Operations Management

What are some examples of how Amazon supports business revenue and profit growth by managing innovation?...

What are some examples of how Amazon supports business revenue and profit growth by managing innovation?

Provide examples of how Amazon demonstrates its commitment to operating as an ethical organization.

Solutions

Expert Solution

Amazon is an international organization with it's operations in many countries. It comes up with various innovative ideas and methods to sustain in the market and stay in the competition . For example in the pandemic situation where people need to maintain distance from each other , the company came up with delivery by robots and contactless delivery which made the customers continue ordering items . It came up with offers and discounts and made maintenance of safety and hygiene it's main goal. This tells us the efforts put in by the company with the help of innovation to continue it's profit growth and support revenue . The company also maintains a strict returns policy when a customer is not satisfied with the product and provides a tracking facility . The customers are attended very fast and all their queries are answered with patience. The organization ensures customers are given high priority and are served even when the conditions are dangerous . This shows the commitment of the company towards it's consumers and it's ethical values.


Related Solutions

Explain growth and how it is achieved in a for-profit business vs a non-profit business.
Explain growth and how it is achieved in a for-profit business vs a non-profit business.
What types of financing supports non-profit and for-profit organizations?
What types of financing supports non-profit and for-profit organizations?
How the ETC works. What is some evidence that supports the ETC? What is a proton...
How the ETC works. What is some evidence that supports the ETC? What is a proton pump? A baby on a cold day was left in a cold house with no heat. The adults in the house froze to death but the baby lived. Using the ETC, how can you explain this situation?
Explain how entrepreneurs profit from freemium revenue models. What are some pitfalls to avoid when structuring...
Explain how entrepreneurs profit from freemium revenue models. What are some pitfalls to avoid when structuring freemium models, and how can they be avoided?
Explain revenue, marginal revenue, and marginal cost. Provide some examples.
Explain revenue, marginal revenue, and marginal cost. Provide some examples.
What are some examples of technological innovation outside of industrial production that have changed economic geography?
What are some examples of technological innovation outside of industrial production that have changed economic geography?
what is the role of risk measurement in managing revenue risk
what is the role of risk measurement in managing revenue risk
What is the role of an accountant and accounting within a business what are some examples...
What is the role of an accountant and accounting within a business what are some examples of the expectations of an accountant?
Please share examples of how you plan on managing your time upon graduating from the Business...
Please share examples of how you plan on managing your time upon graduating from the Business Management program.
Comprehensively explains how the value of a business depends on who is managing it and what...
Comprehensively explains how the value of a business depends on who is managing it and what strategy they pursue. Different owners will generate different cash flows for a given business based on their unique ability to add value.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT