Monday, May 18, 2020
Long Story of The Amazon Company Success Free Essay Example, 2750 words
John Bezos is a member of the Bilderberg Group. Consequently, he attended a conference organized by the group dubbed the Swiss 2011 Bilderberg Conference, which took place in St. Moritz, Switzerland (Byers 2006, pp. 46). The character traits of Jeffry include the following: he carries an attitude of not giving up and he is a visionary. He has never gloated over his immense success, he always aspires for more; he has never focused all his attention on short term profits; he always stands by his word; he has a strong faith in the concept of low pricing, and he believes in building trust. Furthermore, Bezos is well known for his sharp and intelligent style of leadership, a quality that has seen him successfully set up Amazon. com, a successful contender to a well-established giant like Barnes Noble (Byers 2006, pp. 47). Jeffrey Bezos set-up Amazon. com Company in 1994. This was after discovering that Internet usage had been growing at a pace of 2300 percent every year. Working from an office whose size was less than 400-square feet in Seattle, Bezos launched the Amazon. com Company on the Internet in July of 1995.We will write a custom essay sample on Long Story of The Amazon Company Success or any topic specifically for you Only $17.96 $11.86/page Among the most prominent developments were: In May 1997 the company held its first public offering of common stock totalling 3 million. The money generated from this undertaking was spent in settling existing debts, while the remainder was invested (Spector 2000).
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