Question

You are required to read and analyze the Amazon case study. Your analysis must: Describe the company’s current Value Chain. Identify and explain/justify any changes to the Value Chain you think are appropriate. If no changes, explain why not. Provide a total of four findings of fact; 1 from the following four functional areas of business: Management Marketing Finance or Accounting Management Information Systems Provide a full justification and recommendation for each finding of fact

Answer 1

Value chain analysis is an analytical framework that helps identify business activities that can create value and competitive advantage.

Amazon Chain Value: -

1.inbound Logistics: Amazon accepts products through third-party buyers.

2. Operation: Organized products are sent to Amazon's warehouse for shipping.

3. Outbound logistics: Ready to deliver products on time.

4. Sales and Marketing: Amazon uses cookies to market its products.

5.Service:-Amazon focuses on customer service. They know how to make their customers happy.

Yes, Amazon needs to change its value chain system. From years past, Amazon has been changing its value chain system. To make delivery deliveries faster, the company has placed many new warehouses near local urban markets. The location, size, and a number of warehouses are important factors in the success of Amazon's supply chain. Recently, Amazon announced that its company is developing a distribution-based system called Amazon Prime Air, which would deliver products under five pounds in less than thirty minutes or less to locations within ten miles of downtowns. fulfillment of Amazon. Amazon does everything possible to sway all the latest supply chain technologies to maintain its place like a clear market leader.

Companies often divide their work into different sectors or functional areas. There are specific tasks that each of these functional areas must perform.

1. Marketing: -

The marketing department is curious about the needs and needs of potential customers and the expansion of business products or services.

The main functional activities conducted by the marketing department are:

advertising, market research, promotion, product sales.

2. Human Resources:-

The human resources sector manages the people working for the organization. The most important functional activities carried out by the human resources department are:

recruitment and selection, staff training, employment relations, health, and safety.

3.Operations:-

The operations department is responsible for production output or service delivery. It is their responsibility to ensure that the product or service has the quality required to satisfy the customer.

The main functional activities performed by the operations department are:

production of goods or services, purchase of raw materials, quality control.

4. Finance:-

the finance department is responsible for managing the money spent and spent on business. They will handle all the financial aspects of the business, such as paying suppliers, paying staff salaries and receiving customer payments.

The most important functional activities performed by the finance department are:

collects finances, prepares budgets, finishes accounts.

It is the responsibility of the finance department to create funds for the marketing department so that they know how much to spend on publicity and betterment.

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