University BUS/475 Project Plan: Amazon's Strategic Initiatives
VerifiedAdded on 2022/08/12
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Project
AI Summary
This project plan meticulously analyzes Amazon's business operations, encompassing a detailed SWOT analysis that identifies the company's strengths (customer-centric approach, innovation, brand recognition), weaknesses (margin losses, imitable business model, workplace controversies), opportunities (physical store expansion, backward integration), and threats (cybercrime, government regulations, increased competition). The project defines three key objectives: enhancing website functionality, boosting revenue, and securing customer approval for products and services. Each objective is broken down into actionable steps with assigned timelines and responsible parties. The project also outlines performance and behavioral metrics to measure success, along with potential risk factors such as online security threats and contingency plans to mitigate these risks. The project aims to identify website issues, increase revenue through strategic initiatives, track customer preferences, and develop a comprehensive risk management strategy to ensure smooth and sustainable business operations. The project's success is measured by website functionality, revenue increase, customer approval, risk mitigation, and ultimately, global expansion.
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