Question
Questions on the case material 6. State accurately and fully the company's strategy put forward by the authors at pages C-10 and C-11. You are
Questions on the case material
6. State accurately and fully the company's "strategy" put forward by the authors at pages
C-10 and C-11. You are a student of the discipline of strategic management. Is this the
appropriate use of the term strategy? And what indeed is the business-level strategy of
Amazon.com Inc.? (3 marks)
7. Identify accurately in separate and numbered paragraphs and describe five specific ways
in which the business model of Amazon.com has changed significantly over time. And to
what specific concept in Chapter 1 of your textbook do these relate? (6 marks)
8. According to Brian Dumaine, author of the 2020 book, Bezonomics, Jim Collins told Jeff
Bezos that "When you first start pushing, it takes a lot of effort to get that flywheel going
one revolution. And you don't stop, and you keep pushing and you get the second turn
and you start building momentum and then it starts to compound upon itself, and you get
four turns and eight and sixteen and thirty-two and then thousands and millions, and the
flywheel has its own momentum built into it. And you keep compounding that
momentum." Now, in separate and numbered paragraphs, provide your answers to the
following: (a) What exactly is a flywheel in mechanical engineering? (b) Quote fully the
statement in the case material which describes the Amazon Flywheel (c) Please now
review the first set of pages of Jim Collins' monograph, Turning the Flywheel, on
amazon.ca and quote fully what the author has stated there in the sixth paragraph. (The
link to the monograph is indicated hereunder.) (d) Offer a statement whether you have
found doing Question 8 to be personally instructive to you, as a student of strategic
management. (8 marks)
https://www.amazon.ca/Turning-Flywheel-Monograph-Accompany-Great/dp/0062933795/ref=pd_lpo_3?pd_rd_i=0062933795&psc=1&asin=B07JFT5G7N&revisionId=8ca71551&format=1&depth=1
9. Few companies tend to be too "academic" in terms of what information they make public
with respect to the management/leadership principles which they embrace. Go to the
website of Amazon.com Inc. How many leadership principles are presented there? Select
and state fully the three principles which are most directly related to the topic of decision
making. And do you think that you yourself would embrace these three principles if you
were to become an entrepreneur with the expectation that you would be building a
successful business enterprise. Be sure that your answer is properly formatted. (6 marks)
10. Please quote fully the statement made by Jeff Bezos that included this observation:
"many of the problems we face have no textbook solutions ...". (2 marks)
Questions based on the YouTube videotaped interview with Jeff Bezos: The link to the
interview (entitled as "How Did Jeff Bezos Start Amazon? His Background, the Internet &
the Future of E-Commerce (2001)") is as follows:
https://www.youtube.com/watch?v=znRDRovYXgo
11. Was it Jeff Bezos's original intention to sell just books on Amazon.com? If so, what was his
fully-stated rationale for it? And do you agree with Jeff Bezos, from your personal
perspective as a graduate student in a Business School? Do explain your agreement or
disagreement fully. (2 marks)
12. What exactly is the business model of Amazon.com, as explained by Jeff Bezos? (2 marks)
13. Kenichi Ohmae wrote the famous book, The Mind of the Strategist, in 1982. According to
one reviewer of the book, Ohmae "goes beyond the standard formula for success into the
mind of the corporate thinker". Based on your very careful review of the videotaped
interview with Jeff Bezos, please offer two fully-stated and distinct observations of yours,
in separate and numbered paragraphs, to support the view that Jeff Bezos did possess the
mind of the strategist. Perfunctory answers will be awarded a score of zero. (4 marks)
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