Organizational Structure Of Amazon – 1097 Words | Bartleby

Merger
In July 2017, Amazon.com, Inc. signed an acquisition agreement with Whole Foods for $13.7 billion (Marketline, 2017). The acquisition was officially closed on August 28, 2017 after the Federal Trade Commission granted the permission for the merger. The Federal Trade Commission had to investigate to determine if the merger would decrease competition against federal regulation (Thomas, 2017). When it was announced, Amazon advised consumers that prices would decrease on a selection of best-selling items within the Whole Food stores. Whole Foods’ products under their private label are available through Amazon.com, AmazonFresh, Prime Pantry, and Prime Now. Amazon Prime will eventually become the official customer rewards program for Whole Foods. (Thomas, 2017). The acquisition of Whole Foods will create challenges for Amazon’s HRM group. The organization should redefine its

Organizational Structure Amazon.com, Inc. was founded in 1997 by Jeff Bezos and was a book retailer. The organization has grown over time and is now among the largest global online retailers in the world. The organization has wide variety of products that it offers such as books, apparel, electronics, etc. Amazon operates internationally through its websites. For the 2016 Fiscal year, Amazon.com Inc, reported revenues of $135, 987 million. This was a 27.1% increase from the prior fiscal year (Marketline, 2017). The organization is continuously expanding and growing to better serve its customers.MergerIn July 2017, Amazon.com, Inc. signed an acquisition agreement with Whole Foods for $13.7 billion (Marketline, 2017). The acquisition was officially closed on August 28, 2017 after the Federal Trade Commission granted the permission for the merger. The Federal Trade Commission had to investigate to determine if the merger would decrease competition against federal regulation (Thomas, 2017). When it was announced, Amazon advised consumers that prices would decrease on a selection of best-selling items within the Whole Food stores. Whole Foods’ products under their private label are available through Amazon.com, AmazonFresh, Prime Pantry, and Prime Now. Amazon Prime will eventually become the official customer rewards program for Whole Foods. (Thomas, 2017). The acquisition of Whole Foods will create challenges for Amazon’s HRM group. The organization should redefine its