Wednesday, October 9, 2019
Company Analysis-Ethics and Social Responsibility(AMAZON) Essay
Company Analysis-Ethics and Social Responsibility(AMAZON) - Essay Example Amazon.comââ¬â¢s ethical standard which is encapsulated in their vision as a company meant doing their job right that in doing their job right, this would be their greatest contribution to the good of society as they lower their prices, expand selection and other initiatives in the future. They also give to the communities where their employees live and their donations are spread throughout nonprofit organization across the United States. They also engage in volunteer works and give grants to the writing community (Amazon b, 2013). This standard of Amazonââ¬â¢s ethical standard is practiced in a way that was elaborated further by its CEO stating that this approach of ââ¬Å"offering customers the lowest prices on virtually any product they wanted and providing a quality customer experienceâ⬠is the only strategy that will provide long term value for Amazon.comââ¬â¢s customers and shareholders (G.A., 1999) Amazon.comââ¬â¢s ethical standard to be a customer-centric company also extends to their environmental friendly operations. Most of their orders are shipped in ââ¬Å"corrugated containers which on average contain 43% recovered fiber content. Once used, these containers are 100% recyclable for use in the manufacture of other paper productsâ⬠(Amazon c, 2013).à Large products such as television sets, and other appliance and household items are shipped using paper as packing materials that are 100% recyclable whose content is already 50% recycled (Amazon c, 2013). One of the concrete examples of Amazonââ¬â¢s ethical standard being aligned with their business strategy as a company is best illustrated by its new product Kindle. In an interview with its CEO Jeff Bezo, he stressed that as a company, they do not want to make money out of their hardwares that would make their price prohibitive. This is also consistent with their ethical standard of offering the most cost effective service to their customer with an
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