Question 1

What is Twitch and why did Amazon buy it?

Accepted Answer

Twitch allows gamers to stream their gameplay live, and offer real-time commentary to viewers. Is watching other people play video games really a big business? You bet! The service boasted 55 million unique viewers before its third birthday, with 1.1 million broadcasters bringing in 16 billion minutes of total videos watched in a single month. In terms of Internet traffic, only Netflix, Google, and Apple are bigger bandwidth hogs than Twitch. The service has nearly as many viewers as the established cable networks MTV, Comedy Central, and MSNBC. Twitch shares ad revenue with broadcasting gamers, and while few are big earners, some Twitch stars have been known to pull in six figures a year. The 32 million people who tuned in to watch the "League of Legends" championships comprised an audience bigger than the finales of Breaking Bad, 24, and The Soprano scombined!

Question 2

Which of the following is true of Amazon Web Services (AWS)?

Accepted Answer

A)  It only allows firms and not individual customers to rent industrial-strength computing capacity. 
B)  It does not offer corporate-quality computing as a service. 
C)  It doesn't provide services such as programming environments. 
D)  It is a fool-proof system. 
E)  It is just a single-digit percentage of Amazon's overall revenue. 
A)  It only allows firms and not individual customers to rent industrial-strength computing capacity. 
B)  It does not offer corporate-quality computing as a service. 
C)  It doesn't provide services such as programming environments. 
D)  It is a fool-proof system. 
E)  It is just a single-digit percentage of Amazon's overall revenue. E

Question 3

How does Amazon gain bargaining power over its suppliers?

Accepted Answer

Selling more goods often gives Amazon bargaining power with suppliers. The size of Amazon's business provides the firm with negotiating leverage to secure lower prices and longer payment terms. Amazon's cost-structure for operations is also superior to rivals. While Amazon spends significantly on software, automation, and expansion of its warehouses, its overall costs for things like real-estate, energy, inventory, and security will be lower than brick-and-mortar rivals.

Question 4

AWS is acting as an entrepreneurship catalyst, enabling startups to host and scale their efforts without the added cost associated with buying and maintaining large quantities of computing hardware.

Accepted Answer

A) True 
 B)False

Question 5

The phrase _____________________________ refers to a randomized group of experiments used to collect data and compare performance among two options studied.

Accepted Answer

The answer of The phrase _____________________________ refers to a randomized...

Question 6

Why would a customer choose the Amazon Workspaces product?

Accepted Answer

A)  They are good for firms seeking an alternative to expensive end-user software such as Microsoft Word and Adobe Photoshop. 
B)  They are good choices for clients that want securely locked down PCs. 
C)  They are helpful in bringing the efficiency Amazon developed in the layout of offices at its headquarters to other office environments. 
D)  They are effective as a collaborative, team platform for co-creating professional documents. 
E)  They allow third-party sellers to use Amazon's expertise for warehousing and shipping products. 
A)  They are good for firms seeking an alternative to expensive end-user software such as Microsoft Word and Adobe Photoshop. 
B)  They are good choices for clients that want securely locked down PCs. 
C)  They are helpful in bringing the efficiency Amazon developed in the layout of offices at its headquarters to other office environments. 
D)  They are effective as a collaborative, team platform for co-creating professional documents. 
E)  They allow third-party sellers to use Amazon's expertise for warehousing and shipping products.

Question 7

_____ problems are problems that arise when organizations cannot easily convert assets to cash.

Accepted Answer

The answer of _____ problems are problems that arise when...

Question 8

Amazon owns the inventory that third-party sellers provide via the 'Fulfillment by Amazon' service.

Accepted Answer

A) True 
 B)False

Question 9

The firm's period between paying suppliers for products and collecting funds from customers who purchase these products is referred to as the _____.

Accepted Answer

A)  earnings cycle 
B)  cash conversion cycle 
C)  inventory turnover cycle 
D)  liquidity period cycle 
E)  trade cycle 
A)  earnings cycle 
B)  cash conversion cycle 
C)  inventory turnover cycle 
D)  liquidity period cycle 
E)  trade cycle

Question 10

Amazon's success strategy is based on the focus on its quarterly results.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is true of the Kindle?

Accepted Answer

A)  An individual, who owns a Kindle, cannot purchase books provided by non-Amazon publishers. 
B)  The Kindle is only about digitally reading books and not about linking customers to other physical products offered by Amazon. 
C)  By the holiday season of the product's second year, the number of Kindles sold began to decline steadily. 
D)  Amazon doesn't look to make money directly from Kindle hardware sales. 
E)  Amazon today sells fewer electronic books overall than their print counterparts. 
A)  An individual, who owns a Kindle, cannot purchase books provided by non-Amazon publishers. 
B)  The Kindle is only about digitally reading books and not about linking customers to other physical products offered by Amazon. 
C)  By the holiday season of the product's second year, the number of Kindles sold began to decline steadily. 
D)  Amazon doesn't look to make money directly from Kindle hardware sales. 
E)  Amazon today sells fewer electronic books overall than their print counterparts.

Question 12

Briefly explain the success of the Kindle.

Accepted Answer

The success of Kindle is staggering. By

Question 13

_____ is the number of times inventory is sold or used during a specific period.

Accepted Answer

The answer of _____ is the number of times inventory...

Question 14

Dynamic pricing:

Accepted Answer

A)  refers to pricing that shifts over time based on conditions associated with product supply and demand. 
B)  refers to pricing that is always a notch higher than competition. 
C)  refers to pricing strategies that focuses on consistency even if environmental conditions fluctuate wildly. 
D)  is also known as the bargaining power of customers. 
E)  refers to pricing that is always a notch below competition. 
A)  refers to pricing that shifts over time based on conditions associated with product supply and demand. 
B)  refers to pricing that is always a notch higher than competition. 
C)  refers to pricing strategies that focuses on consistency even if environmental conditions fluctuate wildly. 
D)  is also known as the bargaining power of customers. 
E)  refers to pricing that is always a notch below competition.

Question 15

_____ Law has allowed Amazon to radically drop the price of Kindle offerings.

Accepted Answer

The answer of _____ Law has allowed Amazon to radically...

Question 16

Amazon shelves are specifically stocked so that similar items are not placed next to each other.

Accepted Answer

A) True 
 B)False

Question 17

The phrase inventory turns refers to:

Accepted Answer

A)  the stock of inventory returned to a manufacturer due to poor quality. 
B)  also known as gross-profit margin turnover. 
C)  the number of times an inventory item moves within a warehouse. 
D)  the time it takes a product to be replaced by a newer model or upgraded product. 
E)  the number of times inventory is sold or used during a specific period. 
A)  the stock of inventory returned to a manufacturer due to poor quality. 
B)  also known as gross-profit margin turnover. 
C)  the number of times an inventory item moves within a warehouse. 
D)  the time it takes a product to be replaced by a newer model or upgraded product. 
E)  the number of times inventory is sold or used during a specific period.

Question 18

_____ is a classification of software that monitors trends among customers and uses this data to personalize an individual customer's experience.

Accepted Answer

Collaborat

Question 19

Amazon will not have to worry about government antitrust concerns in eBook publishing since there are so many real-world bookstores, both chains and independents.

Accepted Answer

A) True 
 B)False

Question 20

______________ refers to the industry practice where the publisher sets the price and the reseller gets a cut (usually around 30 percent in electronic book markets).

Accepted Answer

The answer of ______________ refers to the industry practice where...

What is Twitch and why did Amazon buy it?

Which of the following is true of Amazon Web Services (AWS)?

How does Amazon gain bargaining power over its suppliers?

AWS is acting as an entrepreneurship catalyst, enabling startups to host and scale their efforts without the added cost associated with buying and maintaining large quantities of computing hardware.

The phrase _____________________________ refers to a randomized group of experiments used to collect data and compare performance among two options studied.

Why would a customer choose the Amazon Workspaces product?

_____ problems are problems that arise when organizations cannot easily convert assets to cash.

Amazon owns the inventory that third-party sellers provide via the 'Fulfillment by Amazon' service.

The firm's period between paying suppliers for products and collecting funds from customers who purchase these products is referred to as the _____.

Amazon's success strategy is based on the focus on its quarterly results.

Which of the following is true of the Kindle?

Briefly explain the success of the Kindle.

_____ is the number of times inventory is sold or used during a specific period.

Dynamic pricing:

_____ Law has allowed Amazon to radically drop the price of Kindle offerings.

Amazon shelves are specifically stocked so that similar items are not placed next to each other.

The phrase inventory turns refers to:

_____ is a classification of software that monitors trends among customers and uses this data to personalize an individual customer's experience.

Amazon will not have to worry about government antitrust concerns in eBook publishing since there are so many real-world bookstores, both chains and independents.

______________ refers to the industry practice where the publisher sets the price and the reseller gets a cut (usually around 30 percent in electronic book markets).

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Exam 7: Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

What is Twitch and why did Amazon buy it?

Which of the following is true of Amazon Web Services (AWS)?

How does Amazon gain bargaining power over its suppliers?

AWS is acting as an entrepreneurship catalyst, enabling startups to host and scale their efforts without the added cost associated with buying and maintaining large quantities of computing hardware.

The phrase _____________________________ refers to a randomized group of experiments used to collect data and compare performance among two options studied.

Why would a customer choose the Amazon Workspaces product?

_____ problems are problems that arise when organizations cannot easily convert assets to cash.

Amazon owns the inventory that third-party sellers provide via the 'Fulfillment by Amazon' service.

The firm's period between paying suppliers for products and collecting funds from customers who purchase these products is referred to as the _____.

Amazon's success strategy is based on the focus on its quarterly results.

Which of the following is true of the Kindle?

Briefly explain the success of the Kindle.

_____ is the number of times inventory is sold or used during a specific period.

Dynamic pricing:

_____ Law has allowed Amazon to radically drop the price of Kindle offerings.

Amazon shelves are specifically stocked so that similar items are not placed next to each other.

The phrase inventory turns refers to:

_____ is a classification of software that monitors trends among customers and uses this data to personalize an individual customer's experience.

Amazon will not have to worry about government antitrust concerns in eBook publishing since there are so many real-world bookstores, both chains and independents.

______________ refers to the industry practice where the publisher sets the price and the reseller gets a cut (usually around 30 percent in electronic book markets).

Setting the Stage: Technology and the Modern Enterprise

Strategy and Technology: Concepts and Frameworks for Understanding What Separates Winners From Losers

Zara: Fast Fashion From Savvy Systems

Netflix in Two Acts: the Making of an E-Commerce Giant and the Uncertain Future of Atoms to Bits

Moores Law and More: Fast, Cheap Computing and What This Means for the Manager

Disruptive Technologies: Understanding the Giant Killers and Considerations for Avoiding Extinction

Understanding Network Effects: Strategies for Competing in a Platform-Centric, Winner-Take-All World

Social Media, Peer Production, and Web 2.0

The Sharing Economy, Collaborative Consumption, and Creating More Efficient Markets Through Technology

Facebook: Building a Business From the Social Graph

Rent the Runway: Entrepreneurs Expanding an Industry by Blending Tech With Fashion, John Gallaugher - Information Systems: a Managers Guide to Harnessing Technology, Version 40

Understanding Software: a Primer for Managers

Software in Flux: Partly Cloudy and Sometimes Free

The Data Asset: Databases, Business Intelligence, Analytics, Big Data, and Competitive Advantage

A Managers Guide to the Internet and Telecommunications

Information Security: Barbarians at the Gateway and Just About Everywhere Else

Google in Three Parts: Search, Online Advertising, and Beyond

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