The paper "Finance and Accounting - Amazon Company, ebay" is a great example of a finance and accounting assignment. Amazon Company started in July 1994 and was introduced to the world by June 1995 by chief executive officer Jeff Bezos (Amazon, 2014). The chief executive officer was a fund manager by then in New York. He left the west after the discovery of the use of the internet was growing to as high as 2300 percent a month. As a fund manager, he formulated a plan to get his own online retail businesses, thereafter heading to Seattle to start his vision.
At the start, he began with only three employees working in a garage. Jeff was in a position to get Kleiner Perkins Caulfield and the Byers to finance Amazon. The products that Amazon produces include a variety from videos, video games to CDs and books. The Amazon product line includes suppliers for pets, groceries, and greeting cards. Amazon is also associated with sites like Excite, Netscape, and Yahoo. Nevertheless, Amazon. com has links that can be used for the purchase of prescriptions and groceries.
The leadership of Bezos is apparently confirmed by looking at his comfortableness when addressing people like employees, investors, and customers around on a regular basis. Besides these, Bezos provides the customers with quality products, provision of ample services, and faster delivery of goods and services to the potential customers hence able to enhance customer loyalty. Additionally, he has the best knowledge of understanding of e-commerce and branding the Amazon name to attract more investors. Furthermore, he has a great concern about the expenses and accountability of every single cent I the company. eBay. comeBay was started in September 1995 by Pierre Omidyar San Jose (EBay Company, 2008).
It was at first intended to be a market for selling goods and services to customers. The wife to Pierre Omidyar demanded a good way to search for and the trade breakables hence making a decision to put his acquired computer skills into use. The company started by selling products and services like collectibles and antiques.
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