HomeworkLib
Question

How did Amazon create a different business model? Select one: a. By focusing on economies of...

How did Amazon create a different business model? Select one: a. By focusing on economies of scale b. By eliminating steps in the value chain c. Performing different activities altogether d. Selling higher quality books

business   Operations-Management   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

The correct answer is option C, i.e. Amazon was able to create a different business model by performing different activities altogether. They used the power and reach of the internet to get orders from people from around the country and then using logistical tools to deliver them as soon as possible in an efficient manner. Unlike their competitors who built retail stores around the country, Amazon was able to cut costs by investing in a smaller number of employees and physical stores.

0 0
Add a comment
Know the answer?
Add Answer to:
How did Amazon create a different business model? Select one: a. By focusing on economies of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Costco's strategy involves: Select one: a. is similar to WalMart's startegy b. creating asset utilization efficiencies...

    Costco's strategy involves: Select one: a. is similar to WalMart's startegy b. creating asset utilization efficiencies c. increasing their COGS by supplying expensive but useful quality. d. Reducing labor costs by creating a variable costing model. "Lean" processes involves evaluating the value chain in order to: Select one: a. cut expenses to increase income O b. increase revenues O c. increase income by retaining the equity O d. eliminate waste JIT attempts to create efficiencies by Select one: O a....

  • What are metrics and why are they useful for a business plan? Select one: a. Indicators...

    What are metrics and why are they useful for a business plan? Select one: a. Indicators to measure progress toward organizational goals. b. Ways to adjust marketing plans at the end of the period. c. The various elements of a supply chain and value chain. d. A way of laying out a business plan to make it accessible to investors.

  • 1. Information provided by financial accounting is Select one: A. Only applicable to business entities, not...

    1. Information provided by financial accounting is Select one: A. Only applicable to business entities, not individuals. B. Only applicable to corporations. C. Intended to help creditors and investors. D. Primarily designed to assist internal users in managing the business. Question 2 Which of the following statement is not a description of accounting? Select one: A. The purpose of accounting is to record financial transactions of a business entity. B. Accounting is the language of business. C. Accounting is used...

  • . Which of the following best describes the FADE Model of quality improvement? a. The six...

    . Which of the following best describes the FADE Model of quality improvement? a. The six fundamental aspects of care create a system promoting high-quality disease and prevention management. This model achieves this by supporting productive interactions with patients, who take an active part in their care. b. This model defines value by what a customer wants. It determines how value flows to the customer and ensures competency of the process by making it cost effective and time efficient. c....

  • If the U.S. dollar appreciates relative to foreign currency, what is likely to be the result...

    If the U.S. dollar appreciates relative to foreign currency, what is likely to be the result for the U.S. company that has company branches abroad? Select one: a. Profits will increase, when measured in U.S. dollars. b. Profits will decrease, when measured in U.S. dollars. c. Foreign exports to the United States will decrease. d. Foreign demand for U.S. goods and services will decrease. If a company is considering optimizing the physical location for every activity in the value chain,...

  • 3 PART QUESTION -Transactional leaders are more likely to Select one or more: a. create personal...

    3 PART QUESTION -Transactional leaders are more likely to Select one or more: a. create personal relationships with followers b. set expectations for followers c. abdicate responsibility and delay decisions d. seek to maintain organizational stability through regular social exchanges -Central to the organizational leadership dimension of skills are Select one or more: a. communication and collaboration b. policy innovation and strategic planning c. business plans and budgets d. people and developing others -The definition of leadership theory is grounded...

  • Webvan and Tesco were both in the online grocery business. Webvan failed largely because Select one: a. It was not solving a real problem for a large-enough customer segment b. It targeted an attracti...

    Webvan and Tesco were both in the online grocery business. Webvan failed largely because Select one: a. It was not solving a real problem for a large-enough customer segment b. It targeted an attractive market but unattractive industry while adding fixed costs to a low-margin business model c. The team was unable to execute on critical success factors d. Defending its intellectual property rights proved too daunting and expensive At the team domain level, connectedness up, down, and across the...

  • The basis of personal use property converted to business use is: Select one or more: A....

    The basis of personal use property converted to business use is: Select one or more: A. Always the lower of its adjusted basis or fair market value on the date of conversion. B. Always its adjusted basis on the date of conversion. C. Always its fair market value on the date of conversion. D. Always the higher of its adjusted basis or fair market value on the date of conversion. E. None of the above.

  • 17. Each of the following is considered a factor endowment in porter's diamond model except: a)...

    17. Each of the following is considered a factor endowment in porter's diamond model except: a) Technological know how b) Non - competitive local supply base c) Managerial sophistication d) Inexpensive talented labor e) Infrastructure 22. When a company decides to expand into new industries, it must: a) selected a new CEO and reappoint the board of directors b) Ascertain if a "Genuine Business Opportunity" exists c) halt marketing activities in the current industry to avoid being associated with one...

  • 1-The term “supply chain management” is one of the most confusing and misused terms in business....

    1-The term “supply chain management” is one of the most confusing and misused terms in business. For our purposes, supply chain management: a)plans, implements and controls the efficient, effective flow and storage of goods, services, and related information between the point of origin and the port of consumption in order to meet customers’ requirements. b)is the integration of key business processes from end user through original suppliers, that provides products, services, and information that add value for customers and other...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT