The Information Systems of Amazon Inc Amazon.com, Inc. is the leading online retailer of books. The ¡§Earth¡¦s Biggest Bookstore¡¨ opened its virtual doors in July 1995 with a mission to use the Internet to transform book buying into the fastest, easiest, and most enjoyable shopping experience possible1. Amazon still holds their commitment to customer satisfaction and the delivery of an educational and inspiring shopping experience in high regard today and it is now one of the most widely known, used and cited commerce sites on the World Wide Web (WWW). Amazon has grown rapidly since their inception. The company experienced a surge is sales of 313% until 1998, supported by 8.4 million customer accounts in over 150 countries, of which 60% accounted for ¡§repeat¡¨ customers.
It was 1995 when Amazon opened its virtual doors for business. Since its inception Amazon has become the world’s largest e-commerce retailer by diversifying its portfolio. Amazon operates retail sites for twelve different countries. (Amazon.com, 2014) Amazon consists of over fifteen lines of business such as AmazonPrime, AmazonSupply and AmazonWarehouse Deals. Amazon reports their income in American and International segments.
Amazon.com - A Giant of E-commerce EXECUTIVE SUMMARY Electronic commerce industries that make “e-commerce” possible are growing at breakneck speed, altering not only how Americans, but also the global marketplace produces, markets, and acquires goods and services. In the e-commerce industry, it is generally agreed that Amazon.com provides one of the best business model “benchmarks” today. Amazon.com came online in the summer of 1995 with a mission to use the Internet to transform book buying into the fastest, easiest and most enjoyable shopping experience possible. According to their home page Amazon.com “since the summary of 1995 our customer base and product offerings have grown considerably, millions of people in more than 220 countries have made Amazon.com the leading online shopping site.” When you visit Amazon.com, you can buy books, music, videos, and more--by a click of the mouse. While the company has yet to turn a profit, they have revolutionized e-commerce by making customer interaction and feedback part of their brand image.
Internet: http://www.oracle.com/corporate/annual_report/99/financial/index.html?finhgh99.html. Moyer, Charles R., and McGuigan, James R., and Kretlow, William J. 1998. Contemporary Financial Management. South-Western College Publishing: Cincinnati, Ohio, 64-106.
Deficit Solutions Meet With Public Skepticism (Accessed from the Internet at this website http://people-press.org/report/683/, on March 4, 2011.) Rooney, Ben. 2011. U.S. bureaucracy wastes billions, watchdog says. (Accessed from the Internet at this website http://money.cnn.com/2011/03/01/news/economy/gao_report_government_duplication/index.htm, on March 2, 2011.)
11. Merck. Merck.Com. n.d. http://www.merck.com/about/views-and-positions/sales-and-marketing/home.html (Accessed July 09, 2011) 12. Yahoo.finance.yahoo.com.n.d http://finance.yahoo.com/q/co?s=MRK+Competitors (Accessed July 22, 2011) 13.Merck.Merck.Com.n.dhttp://phx.corporate.net/External.File?item=UGFyZW50SUQ9OTYzMzB8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1 (Accessed July 22, 2011) 14.
They have grown a customer base well over 137 million and growing across the world. With that, they have established a network of fulfillment centers across the globe to provide fast and reliable service. Such products are similar to what CanGo offers, books, movies, music, g... ... middle of paper ... ...l impact the company’s operations. References Amazon. (N.D).