Reporting Income for Dot-Coms Priceline.com 1. Under the current system of accounting‚ the company would record revenues of $250 as they are the merchants to the transaction and $200 (80% of transaction value) as their cost of goods sold. 2. Alternatively‚ the company can net off the effect and show $50 (20% of transaction value) as their commission revenue. 3. If I were the CFO‚ I would recommend to opt for the first method of revenue recognition because it would show better
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RELATIONSHIP MARKETING MANAGEMENT 1.0 Synopsis of Case Study Amazon provides an array of products and services to businesses and individuals worldwide. As an online retailer and third-party‚ Amazon‟s products range from books and music to furniture and clothing. This e-business operates under several business models‚ all of which are designed to capture and retain customers while keeping up with evolving technological customer demands. Amazon‟s online retail services allow businesses to sell
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There are many decisions to be made with a start up‚ everyday just like a real business; 1. What we are going to sell? Or service? Or produce? Determining what we are going to sell/produce/service will determine what kind of business we intend to operation in. For an example a Limousine Business; how will we provide the service? Who will we market our service to? And what services will we be offering. Decisions such as what services & products to provide‚ how are they provided‚ what methods
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Case study : Amazon 1. What is the business model for Amazon.com? How does their business model differ from that of Barnes and Noble or Borders? How would you value Amazon.com? Amazon is a relatively small player in the bookstore industry‚ and its main competitors are Barnes & Noble and Borders. Despite the difference in scale‚ the company shows great promise‚ because its business model overcomes many of the competitors’ drawbacks. Amazon operates using a web-based platform to sell
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Amazon Case Study Assignment Questions: 1. What is Amazon’s business? [answer this question with a bulleted list] a. World largest online retailer b. Selling products like books‚ digital movies/music‚ electronics/computers‚ clothes‚ toys‚ other home essentials and etc c. In-house consumer electronics d. Cloud computing services 2. What are the business needs/problem that are addressed in the case? [use a table here with column one being the need/problem
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Amazon Case Study 1. What technology services does Amazon provide? What are the business advantages to Amazon and to subscribers of these services? What are the disadvantages to each? What kinds of businesses are likely to benefit from these services? Amazon provides cloud utility computing‚ also known as on-demand computing when they introduced their services Simple Storage Service (S3) and Elastic Compute Cloud (EC2). With these two services‚ Amazon provides a pay-as-you-go model of
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Amazon Case Study – Notes 1. Using appropriate theories/tools/models covered on the module: * Critically examine Amazon’s strategic positioning on the European market. Access the extent to which value innovations contributed to Amazon’s success as a global player (35 marks) * Evaluate Amazon’s business and corporate-level strategy - a key component to the company’s continued success‚ by discussing approaches adopted to establish a truly global brand (25 Marks) * Suggest
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Launching of the AWS (Amazon Web services) which allowed to connect to cloud of resources. 4. Expansion of Amazon in Digital content (DRM) which allowed FREE download and access for MP3 content and interfacing with smart technology like iPhone‚ iPod‚ blackberry etc. 5. Launching of NEED-specific websites by Amazon. For E.g.: Endless.com for handbags and purses. Launching of music stores‚ etc. 6. Able to maintain strong cash flow management by a 26 day turn around time from receiving customer
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Amazon Case Study Eric Harman Frostburg State University Amazon is a true story of how to set up shop inside of a garage and create a company that will revolutionize the retail industry. Jeff Bezos did just that. He started his‚ 35th ranked Fortune 500 Company in his garage. He created a new media for the world to use to by books. Anyone could order books‚ and later; CD’s‚ clothing‚ electronics‚ and close to everything that anyone could think of. All at the click of a mouse. One’s order was immediately
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Internet and started coming up with other products to sell. He started off with just half a million in 1995 and went up to 1‚640 millions by 1999. Amazon targeted the local traditional retailers that wished to develop online retailing capabilities. However‚ by 2001 amazon was at the brink of bankruptcy. The company grew exponentially and went from selling books and music’s to software’s‚ house supplies‚ toys‚ and electronics. It was responsible for distribution‚ warehouse inventory‚ and order
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