Amazon Case Study Example | Topics and Well Written Essays - 1000 words

Amazon - Case Study Example The operating cash flow for amazon increase to 31% to record $5.47 billion in the financial year ended December 2013 compared to $4.18 billion in the year 2012. For the net sales for the fourth quarter in year ended 2013, the company recorded a 20% increase that is equivalent to $25.59 billion compared to $21.27 billion in the financial year 2012 fourth quarter. The company in overall accrued a net sales of $74.45 billion in the financial year 2013 which was a 22% increase compared to $61.09 billion in the year 2012 ("Why Amazon Is A Lousy Business"). The company is divided into two segments that include; the North American segment and the international segment. The North American segment is involved in export sales from the www.amazon.ca and www.amazon.com, all of which are based in U.S. The international segment is involved in international websites that are involved in export sales to customers in Canada and U.S. from abroad (Amazon.com, Inc.). Jeff Bezos is an American entrepreneur and the founder of amazon.com and acts as the company’s chief executive. He was born in 1964 January 12th in Albuquerque in New Mexico. He studied in Princeton University where he was awarded a computer science and electrical engineering bachelor’s degree in 1986. He worked in several firms in Wall Street that included Bankers Trust, Fitel and lastly in D.E. Shaw investment firm where he was acknowledged as the youngest vice president in the year 1990. He later quit the job in 1994 to go to Seattle where he had seen an opportunity in internet market which by then was untapped market. Despite the successes that Bezos achieved after founding amazon.com, he was first faced with the challenge of marketing budget. He had to use word of mouth to make the business succeed and be recognized by many people. Another challenge he faced in his first years is the skepticism that people had about him. They saw him as a failure, someone who left a good job to start something

Serving Time in Virginia Essay Example | Topics and Well Written Essays - 750 words

Serving Time in Virginia - Essay Example Sir Edwin Sandys has tried to rebuild the Jamestown in three ways. He attracted the new investors by granting them the head rights for introducing and brining in new tenants. He grabbed the attention of new settlers by introducing lotteries. He tried to make the colony a more peaceful and pleasant place to settle down in by abolishing martial law. Citizens were extended the rights to select two members of the colony as their representatives or spokespersons. Even after the years of struggle and reconstruction, Jamestown was lacking a lot of attention. Citizens were legally enforced to grow corns. Insufficient food, arrival of unprepared settlers, inadequate housing facilities and presence of contaminated wells were becoming the reason of spreading disease. People were more interested in growing tobacco than corn despite food scarcity. This raised the question why Jamestown was still not self-sufficient despite the hard struggle. Another reason could be the transformation of Virginia into a boom country. The settlers discovered new innovative ways to produce more crops of tobacco. They also predicted that they could grow more tobacco crops only if they would have servants or peons taking care of their crops. This idea pinned the concept of slavery for the first time. The tenants gave fifty percent of their crops to plantation owners and worked for four to seven years in their fields. On the other hand, the servants worked with full commi tment and dedication in exchange for food, shelter and their passage from England. As a result, with the help of tenants and new laborers, colonists looked forward to become richer by producing more tobacco. Gradually, tobacco became the economic trademark of the colony. Serving Time in Virginia also raises some questions as to why slavery didn’t grow well during the time when labor was valued greatly. It is worth mentioning that only 5 percent of the Africans