This statement is true.
Amazon is classified as a corporation, which is a legal entity that is separate and distinct from its owners. As a corporation, Amazon can enter into contracts, sue and be sued, and is generally perceived as having its own rights under the law. It operates as a publicly traded company, which means that its shares are available to the public on stock exchanges, and it follows regulations set forth by securities authorities.
The term ‘organization,’ in this context, refers to the way Amazon is structured and operates to achieve its goals. As a corporation, it has a formal structure that includes a board of directors, executives, and various departments that work together to run the business effectively. Therefore, it’s accurate to refer to Amazon as a corporation organization because it fits both definitions: it is a legal corporation and operates as an organized entity with a specific purpose.