This report discusses the impact of COVID-19 on Amazon, highlighting the increase in demand, recruitment of delivery workers, and safety measures implemented during the pandemic. It also explores how Amazon's size and business structure have contributed to its success during this time.
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Amazon and COVID-19 1
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Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 How COVID-19 affected the amazon.........................................................................................3 CONCLUSION................................................................................................................................4 REFERENCES................................................................................................................................5 2
INTRODUCTION The present report is about how COVID-19 affect Amazon. It is an American multinational technology company that emphasis on cloud computing, e-commerce, artificial intelligence and so on. MAIN BODY How COVID-19 affected the amazon The pandemic has up ending many business across the world, but it has been very good for Amazon. It is one of the few companies that have benefited from the pandemic and add present it has reported net income of $ 5.2 billion, Which is double of the amount it has made last year. It is determined that Amazon has responded to the sudden enhancement in grocery delivery demand by raising its capacity by over 150%. It is also increased its grocery pickup locations as people did not prefer to go outside and purchase grocery and essential items due to the fear of pandemic(Lorimer, 2018). The number of Prime Video viewership is also getting doubled as people prefer to watch series, movies and other entertainment for spending their time at home. Amazon has seen unprecedented demand during this pandemic, and it has responded by recruiting another one like 75,000 delivery workers. Is analyzed at the number of online subscribers off Amazon has increased rapidly as it provides all kinds of products as well as services which is essential for a human being. In addition to this, it also provide one day delivery to its customers who have their prime membership, this attract large number of people to buy its products and consume services. In the era of COVID-19, that risk might manifest itself as an outbreak in one of its warehouse, which leads to employees protest, negative press and customer backlash. In addition to this, the organization lighting road in politics and its labour practices have come under scrutiny several times before. The organization take extra steps in order to ensure the safety of its time members which is a smart move, as it will assist not only in improving relationship with employees and stakeholders but also make company an Example of corporate responsibility at the time of pandemic (Gaynor and Wilson, 2020). The respective organizations state that it has taken various efforts in order to protect its employees during the COVID-19 outbreak. It has implemented more than 150 process change in order to support employ teams that involves existing time off, providing gloves, mask and temperature check facility, increasing periods and other safety measures at the time of providing shipping facilities 3
to its customers. It also ensured that it’s product are sanitized properly and is delivered with adopting safety measures(Dwivedi, 2020). The organization has also enhanced it's whole food grocery pick up from 80 stores two 150 stores by analysing the demand in the market. Amazon is now valued by the stock market at $ 1.5 trillion, which dwarfsthe gross domestic product of Saudi Arabia. The one thing which has made Amazon so successful at this pandemic is its size as well as many layers of its business, that has given so much leverage over workers, sellers and government. CONCLUSION From the above discussion, it has been concluded that due to this pandemic, the sales of Amazon has risen and it emerge stronger than ever. 4
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REFERENCES Books & Journal Gaynor, T.S. and Wilson, M.E., 2020. Social vulnerability and equity: The disproportionate impact of COVID‐19.Public administration review,80(5), pp.832-838. Dwivedi, Y.K., and et. al., 2020. Impact of COVID-19 pandemic on information management research and practice: Transforming education, work and life.International Journal of Information Management,55, p.102211. Lorimer, J. ed., 2018.English and Irish settlement on the River Amazon, 1550–1646. Routledge. Online: Amazonstockhitsalltimehigh,2019,[online]Availablethrough;< https://variety.com/2020/digital/news/amazon-stock-all-time-high-coronavirus-surge- 1234579638/> 5