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  • Mini Assignment 1

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    Fuad Syed
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    Bezos developed the Kindle, Kindle Fire, and Fire TV lines to directly compete with products sold on Amazon's website by other companies like Apple, showing systematic and intuitive thinking. This allowed Amazon to sell a wide range of products while strengthening their own by using competitors' ideas to enter new markets. Potential errors Bezos could make include investing in platforms that lack market success, so it is better to invest in proven areas to directly challenge competitors, despite smaller initial investments carrying less risk.

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    Bezos developed the Kindle, Kindle Fire, and Fire TV lines to directly compete with products sold on Amazon's website by other companies like Apple, showing systematic and intuitive thinking. This allowed Amazon to sell a wide range of products while strengthening their own by using competitors' ideas to enter new markets. Potential errors Bezos could make include investing in platforms that lack market success, so it is better to invest in proven areas to directly challenge competitors, despite smaller initial investments carrying less risk.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    15 views1 page

    Mini Assignment 1

    Uploaded by

    Fuad Syed
    Bezos developed the Kindle, Kindle Fire, and Fire TV lines to directly compete with products sold on Amazon's website by other companies like Apple, showing systematic and intuitive thinking. This allowed Amazon to sell a wide range of products while strengthening their own by using competitors' ideas to enter new markets. Potential errors Bezos could make include investing in platforms that lack market success, so it is better to invest in proven areas to directly challenge competitors, despite smaller initial investments carrying less risk.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Fuad Syed

    500911928

    GMS200 22

    Mini Assignment 1

    Dr. Sui Sui

    1. Bezos’s decision to develop and deliver the Kindle, Kindle Fire, and Fire TV lines show

    systematic and intuitive thinking because as Amazon had products from their competitors

    being sold on the website. They had used the competitors’ products as a base for their

    own version, for example Fire TV directly competing with apple TV.

    2. Amazon’s competitive risk has changed the environment in a way where they sell

    everything from A to Z, while also strengthening their own products by using their

    competitors’ ideas to boost themselves and jump into untapped markets.

    3. Some errors that Bezos might encounter are investing in the wrong platform of form of

    tech that is not already doing well in the market. I think he should be patient and wait for

    something that has a weight in the market to show up in order to invest so he could

    directly market against his competitors; Although it wouldn’t be a big investment to jump

    headfirst into small investments, I would advise him to rather be safe than sorry.

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