Title: Comparing Two Similar Businesses Name: Latosha Faust Course: BUS 302 Management Concepts Date: 7/25/12 Instructor: J. Angles Describe the history and core business of each company. Jeff Bezos, vice-president of the Wall Street firm D.E. Shaw, left his job in 1994, moved to Seattle, and began to work on a business plan that would become Amazon.com. After reading a report that projected annual web growth at 2,300 percent, Bezos drew up a list of 20 products that could be sold on
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Borders Files Bankruptcy, Is Closing Up to 275 Stores By Tiffany Kary & Linda Sandler Borders Group Inc., the second- biggest U.S. bookstore chain, filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from amazon.com Inc and Wal-Mart Store Inc. Borders plans to keep operating and restructure with $505 million in so-called debtor-in-possession financing from lenders led by GE Capital
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Businesses Bus302: Management Concepts Border Books and Amazon.com both started out selling books. So, why is Amazon.com one of the largest retailers in the world and Borders Books is out of business? There are many things that go into making a business a success. It is not enough to have a product to sell and a location to sell that product. In order to understand the difference between Amazon.com and Borders Books, it is important to look at the history and core business
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purchased music from have been Amazon.com and Borders Book Stores. Before the big wave of internet retailing started Borders seemed to always have the hard to find CDs that my local Best Buy didn’t carry, which was basically the only store in my town that had a decent selection of music. Now that I am able to browse the internet on my smart-phone just about anywhere I go an online retailer, such as Amazon.com, is much more suitable for me. Borders was a chain of stores that specialized in the
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Business Analysis – Borders Books Business Failure Analysis Former Executive of Borders, Andi Lobdell (2012) states, “As a former executive of Borders, I noticed media coverage consistently discussed missing the digital revolution as the core reason behind the Borders’ bankruptcy and liquidation, but the real question on everyone’s mind is why the company got off track (Borders bookstore mission tab).” It seems that Andi along with many other former executives and managers of the Borders Books family
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understanding the factors that affect the success or failure of a business. Team A indentified as an organization that managed to succeed, and Borders Books as a business that failed during the past few years. This paper examines each company by analyzing each of their structure, culture, strategies, and behavioral theories, and creates a change strategy for Borders Book to save the company assuming the failure did not take place yet. Part One A- Southwest Airlines Objective, Mission, and Vision
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Amazon’s.com E-Business Model Donna C. Francis The Business Enterprise BUS 508 Instructor Dr. Etido Akpan July 24, 2011 Discuss Whether or Not Amazon Has Lost Its Identity By Expanding Into Markets Well Beyond Books Cost Leadership, customer differentiating, and focus strategies have helped Amazon.com enhance its competitive advantage (Saunders, 2001, pp.122-123). Through cost leadership Amazon differentiates itself on the basis of price; they always make sure to offer the same quality
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China, and Italy. Other than those countries, Amazon also provides them internationally shipping for some products. Amazon succeeds in its online business, and gains more net incomes than some competitor on ground such as Barnes and Noble, and Borders. Amazon’s e-business strategy is a combination of products. The company started with online books then other products to gain customers in a wide range. However, offering a large product variety, Amazon has still maintained its strong brand. 1
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China, and Italy. Other than those countries, Amazon also provides them internationally shipping for some products. Amazon succeeds in its online business, and gains more net incomes than some competitor on ground such as Barnes and Noble, and Borders. Amazon’s e-business strategy is a combination of products. The company started with online books then other products to gain customers in a wide range. However, offering a large product variety, Amazon has still maintained its strong brand. 1. Discuss
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