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Global Business Strategy: Amazon's Response to Socio-Economic and Political Landscape, Globalization, and Internationalization Challenges

   

Added on  2023-06-09

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Business DevelopmentLeadership ManagementProfessional DevelopmentDesign and Creativity
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Essay
Global Business Strategy: Amazon's Response to Socio-Economic and Political Landscape, Globalization, and Internationalization Challenges_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
company respond to the changes in socio-economic and political landscape.............................4
positive and negative effects of Amazon on economic development..........................................4
Global strategies adapt to extend long term success ...................................................................5
Global value chain analysis ........................................................................................................6
Amazon’s business strategy response to the challenges of internationalization..........................8
The role of international organizations in ensuring smooth international trade amidst the
devastation of covid 19 ...............................................................................................................9
Recommendation ......................................................................................................................10
Conclusion.....................................................................................................................................11
REFERENCES..............................................................................................................................12
Global Business Strategy: Amazon's Response to Socio-Economic and Political Landscape, Globalization, and Internationalization Challenges_2

INTRODUCTION
The global business strategy is referred the strategy which use by the company to expand
and develop into the global competitive environment. The aim of the company to develop the
global business strategy to enhance the sales across the globe. The global strategy terms are
including the multinational, international and standardization strategies in the business. The
business manager decides to run the global business strategy in the company. There four basic
dimensions of the business strategies that include the transnational strategy, standardization
strategy, export strategy and multi-domestic strategy in the aspects of two dimensions such as
local responsiveness and global integration. The company global business strategies must
balance the global integration and local responsiveness of the company. In the context of export
strategy, it is used when the company focused on the domestic operations. The company design
an export strategy when they make two choices along the dimension’s global integration and
local responsiveness. In the context of standardization strategy is referred to when business is
treat the whole world as one as well as assume that a product of the company can meet the
expectations and needs of the customers. The business to business company use the strategy. The
multi-domestic strategy is also referred as the customizes process and products to the particular
situation in every country (Aćimović and Mijušković, 2020). In the context of transnational
strategy, it helps in combine a multi-domestic and standardization strategy. This strategy is used
when a business faces the cost pressure from the competitors and also offer the products which
helps in meet the needs of the customer.
This strategy is difficult to manage because the business needs to achieve the goals of the
organization. This report will also elaborate the company amazon which is a multinational
technology company and the firm focus on the digital streaming, e-commerce, cloud computing
and artificial intelligence. With the help of refer the videos, this wants to elaborate the Amazon
summary report and think on the competition as well as thinks about the pre-reviewed and
reviewed sources. This report will discuss that how company respond to the changes in the
political and socio- economic landscapes as well as positive and negative effects of amazon on
the development of economic. The company adopt the global strategies to extend the long term
success of the business. The global value chain of the company is also strengthened the
competitive advantages of company. This report will also elaborate that how the company
formulate the strategies of the business in the response to the challenges of the global as well as
Global Business Strategy: Amazon's Response to Socio-Economic and Political Landscape, Globalization, and Internationalization Challenges_3

role of the international organization for ensuring the smooth trade during the pandemic
condition.
MAIN BODY
company respond to the changes in socio-economic and political landscape
Amazon company is the largest online retailer company. The changes in the political
landscape the company focus on the governmental activities which effects on the macro
environments of business. The amazon company get the benefits from the political stability
because it helps in expand the brick and mortar operations in the e-commerce business. The
governments support is the great opportunities for the company to expand their business in the
competitive market place. The socio-economic changes the company response that they are
performing well with the trends and changes in the socio-economic and leading online retailer
with the best technology of good and services. The changes in the socio-economic is helps in the
company able to increase the online buying habits but the changes in the socio-economic.
Changes in the economic landscape. The people of the amazon are suffered which are impacted
on the processes, and they are faces challenges in adopting the changes in the form of amazon
development and conservation. The current changes in the accelerated the international and
globalization, rising inequality, expanding the environmental concerns and commodity demands
which affects the amazon company. The changes in the socio-economic and political are affects
the structure of the business as well as its current development. Example: the changes in the
socio-economic due to the pandemic are affect the amazon company which are helps in generate
the profitability and performance of the business.
positive and negative effects of Amazon on economic development
The positive effects of Amazon on the economic development in development of the
economics of country. The economic development is good because the wages are pay by the
company to employees and it helps in generate the economy of the country (Fuchs and
Dannenberg, 2022). The amazon industry is leading the benefits in the aspects of profits and
revenues, because the rate of sales of Amazon are good as compare to another companies and
competitor’s companies.
Global Business Strategy: Amazon's Response to Socio-Economic and Political Landscape, Globalization, and Internationalization Challenges_4

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