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Why does Jeff Bezos think that Amazon's profits will decline in the coming years?

Why does Jeff Bezos think that Amazon's profits will decline in the coming years?

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Asked by J. Lautner, Last updated: Nov 15, 2024

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3 Answers

C. Lopez

C. Lopez

Driving down to Knowledge town

C. Lopez
C. Lopez, Chauffer, Chauffer, Watertown

Answered Mar 01, 2019

Jeff Bezos understands that his business succeeds because of their customer centric focus. There is nothing they do that will not serve the customer. They do everything in their power to benefit and help the customer in their situation. Thus, they are an ever expanding company.

Jeff Bezos understands that his business succeeds because of their customer centric focus. There is

He is also a man who understands what it means to lead people. As Amazon works on creating new projects and programs to help his customers, he understands the benefit of teamwork. He has come up with a “Two Pizza” team structure that has been successful. This implies that every team needs to be small enough to be fed with two pizzas. If the team is too big, then the chances for success are less than ever. So, therefore, he develops teams that solve problems and develops systems to help with customer solutions using teams that are small enough to be successful.

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M. Krasinski

M. Krasinski

M. Krasinski
M. Krasinski, Content Writer, Columbus

Answered Feb 20, 2019

The main reason why he thinks this way is because there is already a lot of competition that may take Amazon’s top spot at any moment. It cannot be denied that people still trust Amazon more than the other companies but what would happen when people grow tired of Amazon’s products or if they would rather check out the products of other companies?

The main reason why he thinks this way is because there is already a lot of competition that may

It will be hard to tell what could possibly occur when different companies are trying to do what Amazon is doing with slight improvements. According to Bezos, the company will still be around, but there is a chance that it will not be as big as the company that it is right now.

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O. Miller

O. Miller

Have 3 years of Experience in journalism.

O. Miller
O. Miller, Content Optimization Executive, Studied Journalism and Psychology, Austin,Texas

Answered Feb 08, 2019

Like many big companies, the only way to go once you reach the top is downward. That is because either people are tired of the company’s products and services or another better company has come into the picture. Other online stores like Ebay is in competition to them. Now many other stores have been created that conduct similar business to Amazon.

Like many big companies, the only way to go once you reach the top is downward. That is because

It is only a short period of time that Amazon will decline. It may still be around, but it will not be the big company it once was. It seems that Jeff Bezos would be the one who would first see the decline. He could also be able to predict the decline in the coming years based on his statistics of sales.

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