Construct an IFE matrix for the case study you have chosen to do your final project on. Include a 250-word summary of what you discovered while doing this analysis. Use 3 references
The Case study I have Chosen is Down Below:
Case 19: Amazon.comâ€”2018
Headquartered in Seattle, Washington, the year 2017 was phenomenal for Amazon that over the last twenty years has grown from being solely an online bookstore to a worldwide powerhouse, selling virtually everything today to everybody. Amazon is the largest online retailer in the world as measured by both revenue and market capitalization. The second largest online retailer is Alibaba Group located in China. Led by their CEO, Jeff Bezos, Amazon has expanded heavily into smart homes and through its Alexa platform, and even into machine learning. In 2017, the firm shipped over 5 billion items with Prime worldwide with more paid members joining Prime in 2017 than any previous year, both in North America and worldwide.
Amazon reported record revenues in 2017, up 31 percentâ€”helped in part by Fire TV Stick and Echo Dotâ€”that were the bestselling products across all of Amazonâ€™s products sold. Tens of millions of Echo devices alone were purchased, but a portion of the revenue increase can be explained through the acquisition of Whole Foods. Amazon hired 130,000 new employees in 2017, globally, and employs over 17,500 veterans and their spouses in the United States. In 2017, Amazon Prime Video reported over 18 million views from customers in 11 NFL games across over 200 countries on their smart TVs and other devices. Amazon also now holds the global TV rights to The Lord of the Rings. The company even launched two furniture brands in 2017.
Amazon reports in three segments: North America, International, and Amazon Web Services (AWS). Amazon, in early 2018, launched a new service called â€œShipping with Amazonâ€ aimed at competing with FedEx Corporation and United Parcel Services (UPS). But the Amazonâ€™s 40 planes and 300 warehouses pale in comparison, for example, to FedExâ€™s 650 planes, 150,000 trucks, 400,000 employees, and 4,800 operating facilities globally to handle about 12 million shipments a day. UPS is even larger than FedEx and handles 20 million packages a day with service to more than 220 countries through a fleet of more than 500 planes and 100,000 vehicles. At least for now, neither FedEx or UPS is concerned that Amazon wants into the shipping business, but that could change.