Amazon as one of the most influential economic and cultural forces in the world

Дата публикации: 29.11.2022

Amazon as one of the most influential economic and cultural forces in the world

Zabolotskaia K.E.
Novikova M.Y.
Morskaya I.S.
Аннотация: The article is devoted to America's leading ecommerce manufacturer, Amazon.com, Inc. Initially Amazon was set up as an online bookstore, and within several years the company grew into a large flourishing business. To date, Amazon is an Internet-based business enterprise that sells anything imaginable, but the company is primarily engaged in e-commerce, cloud computing, software and hardware products, digital streaming and artificial intelligence (AI) services.
In recent years, Amazon has achieved considerable success and become only the second $1 trillion business, after Apple. The company has done its best to keep up with the changes in the e-commerce industry, sleeping its way to the top. As a result, the firm maintained a constant upward trajectory, reaching heights that were previously unimaginable.
Thus, the article aims to highlight economic and cultural components of Amazon's success.
Ключевые слова: Amazon, marketplace, market leader, economic force, cultural force, e-commerce platform, customer-orientation, innovations, diversity, Amazon’s “Flywheel”.
Полный текст статьи