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Amazon.Com Evolution Paper

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Submitted By rmemcourtney
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University of Phoenix
BIS/219
Carl Hardeman
January 27, 2010

Amazon.com Evolution Paper As the team researches this well-known company, we realize that their business changed over time. We have research if Amazon is moving away from its core competency, competition with other companies, the use of its database, and how Amazon uses e-business and e-commerce for B2B and B2C. Amazon is a world known online retailer company. Jeff Bezos discovered Amazon in 1994. He launched the online store a year later. WOW! What a well written business plan. “The company began operating as an online bookstore under the name Cadabra.com, from the word abracadabra. Bezos quickly changed the name because it sounds too similar to cadaver. He renamed the company "Amazon" after the world's most voluminous river (Amazon.com, N.D.).”Amazon has not driven away from its core competency. The online retail store has just broadened their horizon. In the beginning, the company started off with Amazon existing as an online bookstore, but Amazon is now selling more products. The consumer can purchase books, electronics, clothing, furniture, movies, food, toys, and much more. The company had meetings in a garage, to Barnes and Noble for future meetings. The owner wanted so much more than just an online bookstore. It seems like he wanted Amazon to be a one stop shop. Today that is exactly what it is. The online bookstore was able to put forth countless times of more what competitive bookstores or catalogs could offer because lack of inventory stock in the local store. When Amazon first came to existence, one of the first promises they made was to revolutionize retailing. However, in recent years, Amazon has not shown the consistent profit growth expected by investors. Although they are the largest online retailer experiencing in excess of

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