When reformulating the Gig Economy phenomenon in a Transaction Cost Economics perspective‚ Proposition 1 arises: theoretically‚ the greater the uncertainty in the transaction is‚ the lower firms will recur to On-Demand services. In the specific case of Amazon Mechanical Turk and Upwork‚ uncertainty can be determined as: the degree to which the platforms’ infrastructure protect parties and guarantee the transaction (internal uncertainty); the extent to which different countries regulate temporary
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INTRODUCTION At the beginning of the 21st century‚ the biggest banks in the industrial world have become complex financial organizations that offer a wide variety of services to international markets and control billions of dollars in cash and assets. Supported by the latest technology‚ banks are working to identify new business niches‚ to develop customized services‚ to implement innovative strategies and to capture new market opportunities. With further globalization‚ consolidation‚ deregulation
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be applied primary vs secondary Porters competitive forces model view of firm‚ competitors and environment Traditional Competitors New Market Entrants Substitute products and services Customers Suppliers Analyze Amazon and Walmart.com using the value chain and competitive forces model Amazon Activity Example Secondary Activity Administrative‚ finance infrastructure Legal‚ accounting‚ financial management HR Management Personnel‚ lay recruitment‚ training‚ staff planning Product and technology development
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Introduction Amazon is a Fortune 500 American e-commerce company created by Jeff Bezos. CEO Jeff Bezos was an investment banker with no previous experience in the book publishing or retail industries. Amazon began in 1994 as an online bookstore‚ which gave it the advantage of having more titles than the traditional brick-and-mortar stores. From its book selling roots‚ Amazon has branched into clothing‚ gourmet food‚ watches‚ jewelry‚ baby products and apparel‚ beauty products‚ sporting goods‚ music
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company will ship these purchases to your home the same day and often at little or no cost to you. The typical 2014 university student has grown up with the World Wide Web and eCommerce and takes these services for granted. For its part Amazon recorded revenues of $17.09 billion dollars in 2013 but for all that activity‚ the company did not yield a profit. According to its founder and CEO Jeffrey P. Bezos‚ Amazon strives to be the retailer of choice for all things and for all people globally. To
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Key success factors in the low-cost airline industries? (40 marks) Would the marketing strategy still be appropriate or would certain aspects of it need to be modified as kulula.com became more established and the macro and competitive environment changed? Alternatively‚ even if the strategy was still appropriate‚ would the communication campaign need an overhaul‚ particularly in its creative execution?What are the Strategic group map example in the low-cost airline industry? (40
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Nevertheless‚ despite massive sales the company failed to produce a profit for shareholders and Amazon was on the brink of bankruptcy at the beginning of 2001. If I were a shareholder who received the company’s 2000 annual report‚ I would have strongly agreed with CEO Jeff Bezos that the company must achieve profitability by year-end 2001. I would recommend that the company accomplish this by cutting costs related to fulfillment and inventory and by increasing revenue by capitalizing on the previous
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different products such as toys‚ VHS‚ music etc. This diversification has helped Amazon grow in the past two decades. When the dot-com bubble burst in the late 90’s investors were a bit skeptical in whether their business model would work. The company ended up proving skeptics wrong making their first annual profit in 2003 and since then have never looked back. The following chart shows the success and value of Amazons stock in the past five years: A small part of this company’s success is
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SWOT ANALYSIS Strenghts * Global Brand * Large Products Portfolio * Innovative * Acquisitions Amazon is the leading online retailer regarding media‚ products that educate and entertain. Amazon being a powerful global brand. Its customer base is over 30 million people has established separate websites in Canada‚ UK‚ Germany‚ Italy‚ France‚ Japan and China. It has a diversified product portfolio. Amazon.com started as an online bookstore but soon diversified‚ selling DVDs‚
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study “Air Asia: Flying Low-Cost with High Hope” TengAmnuay Thanat 1. How did AirAsia’s short-‐haul business build its competitive advantage? LCC Value Chain Aircraft fleet Cost Leadership Using the same Airbus A320-‐200 -‐ Lower cost in terms of
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