Amazon 2021

Sherell J. Gamboa
Managerial Economics and Business Administration
Dr. Michael Castle
10th April, 2022
Do you think Amazon is spreading itself
too thin?
• In my opinion they are not
• They seek to be the largest e-commerce business globally
• Amazon’s expansion and diversification have played a significant role in the company's rise.
Amazon’s Competitors
Amazon Web Services (AWS),
• Cloud platform offered by Amazon.com Inc (AMZN),
• AWS is made up of many different cloud computing products and services such as servers, storage,
networking, remote computing, email, mobile development, and security.
• AWS is a cloud infrastructure and companies pay for what they use.
• There’s no upfront cost to build a storage system and no need to estimate usage.
• This is beneficial for Amazon due to its flexible usage; it is cost efficient and primarily for its
security reasons. Amazon found that AWS met all of their requirements protecting data in flight,
data at rest, and utilizing suitable encryption standards.
• 
What should Companies like Best Buy do?

•Amazon offers its consumers greater ease of use on their websites

•They also offer great pricing and availability of products

•Short wait time for product delivery.

•Companies like Best Buy would need to implement strategies by:

•matching Amazon prices

• availability of product at each show room

• integrate distribution of show room with products

•improve their e-commerce offering.

References

• Gregory, L. (2019, February 13). Amazon.com Inc.’s Mission Statement & Vision Statement (An Analysis).

Panmore Institute. http://panmore.com/amazon-com-inc-vision-statement-mission-statement-analysis

• What Is Amazon Web Services and Why Is It So Successful? (2021, August 12). Investopedia.

https://www.investopedia.com/articles/investing/011316/what-amazon-web-services-and-why-it-so-success

ful.asp

• Stevenson, S. (2021, June 28). It’s Finally Clear Why Amazon Bought Whole Foods. Slate Magazine.

https://slate.com/business/2021/06/why-amazon-bought-whole-foods-groceries-online.html#:%7E:text=For

%20Amazon%2C%20acquiring%20Whole%20Foods,for%20discounts%20on%20their%20groceries.