Amazon is one of the most dominant companies in the world, with its founder Jeff Bezos consistently being named as one of the richest people on earth. Given the company’s prominence in the business world, it makes sense to teach students about the Amazon background, its history and its current operations.
One of the first things that students should learn about Amazon is its origins. Founded in 1994 by Jeff Bezos as an online marketplace for books, Amazon quickly grew into a comprehensive online marketplace for virtually all types of goods. By the early 2000s, Amazon was expanding beyond online sales and began developing hardware products such as Kindles and Alexa-enabled devices.
Amazon’s growth has been fueled by numerous factors, including its focus on customer service. The company has consistently invested in technology that enables faster and more reliable shipping, generous return policies, and customer-friendly interfaces. Amazon has also been known to use big data and artificial intelligence to personalize recommendations and streamline logistics.
Another important part of Amazon’s background is its impact on the retail industry. Due to its immense size and competitive pricing, Amazon has been responsible for disrupting numerous traditional retailers, including independent bookstores, chains like Borders and Toys-R-Us, and even legacy department stores like Sears and JC Penney.
In addition to its retail operations, Amazon has become known for its involvement in various other industries, such as cloud computing and entertainment. The company’s Amazon Web Services (AWS) division has grown to become the dominant player in the cloud computing market, while Amazon Studios has produced hit TV shows and movies like The Marvelous Mrs. Maisel, The Big Sick, and Manchester by the Sea.
Teaching students about Amazon’s background can help them gain a better understanding of the company’s immense impact on a variety of industries. It can also help them develop a critical eye towards the ways that technology is changing the world, from online shopping to cloud computing to streaming entertainment.
