Amazon’s Business Model: Overview, Website, Security, and Payment Process

AMAZON’S BUSSINESS MODEL

Contents
1. Introduction..............................................................................................................................2
2. Organization Overview............................................................................................................2
3. Business Model........................................................................................................................3
4. Website.....................................................................................................................................4
4.1. Website contents...............................................................................................................4
4.2. Hardware Infrastructure....................................................................................................4
4.3. Software............................................................................................................................5
4.4. Security issues...................................................................................................................6
4.5. Payments/Transaction process..........................................................................................7
5. Discussion/Recommendations..................................................................................................7
6. Individual Contribution Summary............................................................................................8
7. Reference..................................................................................................................................9
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1. Introduction
E-commerce is the process of buying and selling of products in the Internet. The
technologies which plays the major role in the E-commerce activity known as mobile commerce,
electronic funds transfer, and automated data collection systems. Preferably modern electronic
commerce uses World Wide Web and other technologies such as e-mail. Ecommerce software is
an engine which is under the process of online store, which makes it easy by managing inventory
that adds or remove the products. It arrives in two different flavors with the different categories
of each.it also explains about the privacy, integrity, authentication, non-repudiation which are
considered as the security issues (Ebel, Bretschneider and Leimeister, 2016). Encryption method
which is also used in the process of the e-commerce that converts the normal message into the
encrypted text that should be easy for the hacker to decode. It was also divided into two types
know as public key encryption, symmetric key encryption. Payment and the transaction methods
also can be preferred in this process which is said or called as Modes of e-payment system. Few
modes which includes various transaction modes such as Debit card, credit card, Digital wallet,
E-cash or e-money, Mobile payment and electronic fund transfer. It also gives the various
recommendations for the e-commerce website.
2. Organization Overview
The journey of Amazon begins with the founder's hard work and his own saving, loan
from the bank and family (Crowne, 2012). It starts with the aim of selling or buying books and
especially other media. It is very helpful for online retailers and for the other individuals who are
very interested in their selling products of goods for homes, offices, cars, and others. To
personalize the buyer experience the company makes the various attempts, which is considered
as the monster among the online retails with the huge number of the products. The
entrepreneurship is given to the Amazon for the $1 million after 1996. They don't mistrust on its
internal strength to occupy the market. Finally, Acknowledgment was given by the Amazon that
they ensured that only stock market is provided by them which is considered as the kind of
financing that it was looking for which went public on NASDAQ in the May 1997. According to
today's share, it is esteemed at about $268. With the dotcom crash, the stock price plunged to just
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