In the News
Amazon's Profits Triple
27th October 2023
If you are teaching economies of scale and scope (and diseconomies of scale) then Amazon provides a rich vein of information and market analysis.
Heading into their crucial holiday season, revenues and profits in the 3rd quarter have shown solid growth. The business employs 1.5 million but a round of cost-cutting has seen 27,000 redundancies. More here from the FT https://on.ft.com/3Mi4gcg ... and a slide showing their main acquisitions on their growth journey. The Guardian has more here https://bit.ly/3SgyVdx;
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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