Question

Answer the following in up to 350 words each.

1. Bezos once said, “Amazon may break even or even lose money on the sale of its devices.” The company expects to recoup the money later through the sale of products, with a further boost from its annual Prime membership fee.

Explain how this strategy shows Bezos as a systematic and intuitive thinker.

Answer 1

Here, Bezos is regarded as a systematic and Intuitive Thinker, here the intuitive thinker is someone who has good observation skills and can utilize his or her experience, they can use the lesson learned from the past and use in the current portfolio or project scenario, Amazon when started the business, it was only just home based operations providers and now they are working globally and strong leader in e-commerce domain, here, Bezos could take a look at his past mistakes and bring changes to company as per need and situation, as Amazon is growing in the retailer market and ecommerce domain, which also proves that Bezos as Intuitive thinker, again, Bezos can be regarded as systematic thinker as he has good decision making skills and understanding the situation with keeping agility to solve the current issues, also they are investing towards the employee self development and focusing technology and innovation services with working on delivery excellence strategy, as Amazon may lose money through selling of devices and company wants to recoup the money through selling of their products later, here they want to boost another strategy so called annual prime membership, with the benefits of such Amazon prime membership, there are lot more applicable offer, those are free and fast delivery, Early and exclusive premium deal, advertise free music and video streaming, Instant video streaming, so the strategy has many positive sides, also that membership available with monthly fee payment or annual fee payment, with this strategy Amazon can increase number of dedicated customers and sales volume can be increased, so Amazon can increase their sales revenue over time, such strategic thinking and decision has many positive sides, which can elevate bezos as Systematic and Intuitive thinker, as with this strategy, Amazon can improve scalability in their business and long term growth is high, again, Bezos is not fearing about the failure of such strategy, as he works on creativity, flexibility and taking feedback from various stakeholders and improve the business with knowing such feedback and ratings, thus, with such systematic thinking, he can take the business to a better level and growth,