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Csr Audit on Amazon

In: Business and Management

Submitted By cieraxo
Words 1853
Pages 8 Inc. CSR

Jeff Bezos founded Amazon in 1994. After hearing about the future of the Internet, he started to think of items he could sell online successfully. Bezos created a list of 20 items that he thought he could market online, and then decided his new company would sell books online. He picked books because of the worldwide demand of literature, the low price of book, and the huge number of titles available in print. Bezos’ company originated in his garage in Bellevue, Washington.
After two months in business, Bezos had sold to all 50 states and over 45 countries, and sales were up to $20,000/week. When it came to naming his company, Bezos wanted something that started with an “A” so that it would one of the first companies in alphabetical order. After searching through the dictionary he settled on “Amazon” because it was a place that was “exotic and different” and that is what he wanted his store to be. He also liked Amazon because it was the biggest river in the world, and he planned to make his store the biggest in the world.
In 1994, Amazon was incorporated. In July of 1995, the company sold its first book on In October of 1995, the company announced itself to the public. Amazon issued its initial public offering of stock on May 15, 1997, under the stock exchange symbol AMZN, at $18.00 per share. As of November 1, 2013, AMZN is up to $358.10 per stock and the highest stock was offered at $365.77.
Amazon product lines now include: books, music CDs, videotapes and DVDs, software, consumer electronics, kitchen items, tools, lawn and garden items, toys and games, baby products, apparel, sporting goods, gourmet food, jewelry, watches, health and personal-care items, beauty products, musical instruments, industrial and scientific supplies, and groceries. As of August 2013, Amazon launched Amazon Art, an online marketplace selling...

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