How ethical is amazons offshoring?5 answersAmazon's offshoring practices raise ethical concerns that have been extensively discussed in academic literature. The ethical dimension of offshoring involves considerations of its impact on workers, communities, and economies, both domestically and internationally. While some argue that offshoring can be justified based on economic principles like comparative advantage and cost efficiency, others highlight the moral implications of prioritizing profit over local labor forces. The debate also extends to the broader question of whether offshoring is inherently unethical or simply a strategic business decision. Overall, the ethical evaluation of Amazon's offshoring practices requires a comprehensive analysis of its effects on various stakeholders and the ethical frameworks applied to assess its impact on society.
What is the employment relationship adopted by ‘Amazon’?5 answersAmazon adopts an employment relationship where they hire third-party contractors to staff their distribution centers. These contractors are responsible for providing the workers who guard Amazon's warehouses and perform other tasks. The workers hired by these contractors are considered independent contractors and not direct employees of Amazon. This allows Amazon to avoid certain workplace responsibilities and liabilities, such as overtime and antidiscrimination protections, as these protections only apply to "employees". By utilizing subcontractors, Amazon can delegate immediate control responsibilities to outside entities and distance themselves from the direct employer-employee relationship.
How does Amazon's acquisition of other companies impact the retail industry?5 answersAmazon's acquisition of other companies has a significant impact on the retail industry. By acquiring companies in various fields such as grocery business, streaming services, and vehicles, Amazon is able to expand its market and enrich its brand's content. The acquisitions of Whole Foods and Metro-Goldwyn-Mayer (MGM) are examples of how Amazon combines its own technology with the content of the acquired companies to compete with others. This expansion allows Amazon to reach more customers and collect valuable data, which can be applied to many areas Amazon is involved in. Additionally, the announcement of an intended merger or acquisition, such as the Amazon-Whole Foods deal, can impact the share prices of the companies involved, indicating market sentiments about the deal. Overall, Amazon's acquisitions and expansion strategies have the potential to reshape the retail industry and make Amazon a key player in various sectors.
What is amazon corporation?5 answersAmazon is a multinational corporation that operates as an online entertainment retailer and is known as the largest Internet-based retailer in the United States. It has a strong focus on customer satisfaction and offers a wide range of products through its retail websites. Amazon also manufactures and sells electronic devices such as Kindle e-readers, Fire tablets, Fire TVs, and Echo. The company has achieved significant success, reaching $100 billion in annual sales in 2015 and expanding its operations globally. Amazon's business segment includes consumers, sellers, developers, enterprises, and content creators, and it provides advertising services and co-branded credit card agreements. Additionally, Amazon offers a membership program called Amazon Prime, which provides benefits such as unlimited free shipping and access to streaming services.
What are key aspects of amazon corporation?3 answersAmazon is a multinational corporation that plays a significant role in the socio-economic development of capitalist countries like the United States. It is the largest Internet-based retailer in the US, with over 40 subsidiaries. Amazon's business segment includes consumers, sellers, developers, enterprises, and content creators, and it offers platforms for selling various product categories. The company also manufactures and sells electronic devices like Kindle e-readers, Fire tablets, Fire TVs, and Echo. Additionally, Amazon provides advertising services, co-branded credit card agreements, and offers Amazon Prime, which includes unlimited free shipping and streaming services. However, there are concerns about the working conditions and treatment of Amazon employees, with reports highlighting harsh working conditions and the need for workplace safety regulations and workers' rights protection. Furthermore, Amazon's dominance in the retail market and its use of information for surveillance and worker exploitation have raised ethical concerns.
Is Amazon an entrepreneur?7 answers