What began as a small internal project put together by a humble team of engineers became a juggernaut and one of the fastest growing business in the online services sector in just 10 years; a service known as Amazon. Initially existing solely as an online retailer and as a hub...
Contemporary businesses strive in the internet age. Not so long ago, the majority of companies focused on producing a certain physical good and used traditional channels to deliver the product to the customer. The internet has demolished these standards and completely changed the way organizations conduct their business. Today, most...
A “make or buy” decision must be made when a company reaches a certain crossroad, wondering whether it will be more cost effective and or efficient to make a given product or service themselves, or whether they should continue to buy that service from a third party (Schwarting & Weissbarth,...
Amazon is buying Souq.com, which is apparently already known as the “Amazon of the Middle East”, despite competitive bids which were said to be worth $800 million by retailer Emaar Malls PJSC (Turner & Wang, np). Souq is an online retailer in the Middle East, one which already has a...
Is Amazon becoming a High-Technology Company?Amazon is a high-technology company, however it is not a producer of high technology goods- it is a retailer. To that extent, its crowd sourced platform allows for partners and Amazon itself to benefit from high technology manufacturers, even those that produce products which compete...
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