Question 1

Amazon's moves are largely motivated by:

Accepted Answer

A)  customer focus. 
B)  cost cutting. 
C)  the focus on making immediate supplier payments. 
D)  internal leadership. 
E)  technology advancements. 
A)  customer focus. 
B)  cost cutting. 
C)  the focus on making immediate supplier payments. 
D)  internal leadership. 
E)  technology advancements.

Question 2

Mark, a retailer, is unable to sell his products. He doesn't have sufficient cash to meet his on-going expenses. In this scenario, Mark is facing a(n) _____.

Accepted Answer

A)  liquidity problem 
B)  high inventory turnover problem 
C)  stock-out problem 
D)  environmental problem 
E)  sugging problem 
A)  liquidity problem 
B)  high inventory turnover problem 
C)  stock-out problem 
D)  environmental problem 
E)  sugging problem

Question 3

Which of the following is an example of agency pricing?

Accepted Answer

A)  A department store gets a cut on the selling price of a product, which is set by the product's manufacturer. 
B)  A retail store purchases merchandise from a manufacturer and sells the merchandise at whatever prices it wishes to charge. 
C)  The government of a country sets the minimum price for certain agricultural products to cover the costs incurred by the farmers. 
D)  A manufacturer and a retailer work in a collaborative manner to decide the price of the final product. 
E)  The government of a country sets the maximum price for a certain product that retailers cannot exceed. 
A)  A department store gets a cut on the selling price of a product, which is set by the product's manufacturer. 
B)  A retail store purchases merchandise from a manufacturer and sells the merchandise at whatever prices it wishes to charge. 
C)  The government of a country sets the minimum price for certain agricultural products to cover the costs incurred by the farmers. 
D)  A manufacturer and a retailer work in a collaborative manner to decide the price of the final product. 
E)  The government of a country sets the maximum price for a certain product that retailers cannot exceed.

Question 4

Accounts payable periods do not vary.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

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

Question 6

What does the statement "Inventory turns of a store is high." mean?

Accepted Answer

A)  Merchandise in the store sell quickly 
B)  Consumer complaints about the merchandise are handled efficiently 
C)  Damaged merchandise is returned to the manufacturers 
D)  Most of the merchandise items in the store remain unsold 
E)  Number of markdowns offered by the store is really high 
A)  Merchandise in the store sell quickly 
B)  Consumer complaints about the merchandise are handled efficiently 
C)  Damaged merchandise is returned to the manufacturers 
D)  Most of the merchandise items in the store remain unsold 
E)  Number of markdowns offered by the store is really high

Question 7

Third-party products of Amazon are referred to as being part of the _____.

Accepted Answer

The answer of Third-party products of Amazon are referred to...

Question 8

Dynamic pricing:

Accepted Answer

A)  refers to pricing that shifts over time. 
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. 
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 9

Tech-fueled operations cannot yield greater profits than off-line players.

Accepted Answer

A) True 
 B)False

Question 10

_____ 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 11

Which of the following statements is true about the packaging process at Amazon?

Accepted Answer

A)  Amazon's systems stamp names and addresses on boxes while the order is being built. 
B)  Floor workers usually know who the customer is or what the customer has ordered. 
C)  Warehouse software tells 'shelvers' the optimal size of smile-logoed Amazon cardboard box to use for a given order. 
D)  To foster improvement, warehouse movements are not logged. 
E)  Warehouse software does a check on the packed boxes to see if the weight is as expected. 
A)  Amazon's systems stamp names and addresses on boxes while the order is being built. 
B)  Floor workers usually know who the customer is or what the customer has ordered. 
C)  Warehouse software tells 'shelvers' the optimal size of smile-logoed Amazon cardboard box to use for a given order. 
D)  To foster improvement, warehouse movements are not logged. 
E)  Warehouse software does a check on the packed boxes to see if the weight is as expected.

Question 12

The firm's period between shelling out money and collecting funds associated with a given operation 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 13

Amazon:

Accepted Answer

A)  started making profits from the second year of its operation. 
B)  initially adopted the domain of a non-profit organization. 
C)  has centered its focus on quarterly results. 
D)  has expanded to dozens of categories beyond books. 
E)  has maintained consistent profitability over the years and analysts continue to predict profits in the firm's future. 
A)  started making profits from the second year of its operation. 
B)  initially adopted the domain of a non-profit organization. 
C)  has centered its focus on quarterly results. 
D)  has expanded to dozens of categories beyond books. 
E)  has maintained consistent profitability over the years and analysts continue to predict profits in the firm's future.

Question 14

Amazon owns an inventory of marketplace items.

Accepted Answer

A) True 
 B)False

Question 15

A(n) _____ is a marketing practice where a firm rewards partners (affiliates) who bring in new business, often with a percentage of any resulting sales.

Accepted Answer

The answer of A(n) _____ is a marketing practice where...

Question 16

_____ exists when a firm's potential partners see that firm as a threat.

Accepted Answer

The answer of _____ exists when a firm's potential partners...

Question 17

_____ 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 18

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.

Question 19

_____ is a randomized group of experiments used to collect data and compare performance among two options studied.

Accepted Answer

A)  Bucket testing 
B)  Multivariate testing 
C)  A / B testing 
D)  Choice modelling 
E)  Web usability testing 
A)  Bucket testing 
B)  Multivariate testing 
C)  A / B testing 
D)  Choice modelling 
E)  Web usability testing

Question 20

Amazon Web Services is a fool-proof system.

Accepted Answer

A) True 
 B)False

Amazon's moves are largely motivated by:

Mark, a retailer, is unable to sell his products. He doesn't have sufficient cash to meet his on-going expenses. In this scenario, Mark is facing a(n) _____.

Which of the following is an example of agency pricing?

Accounts payable periods do not vary.

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

What does the statement "Inventory turns of a store is high." mean?

Third-party products of Amazon are referred to as being part of the _____.

Dynamic pricing:

Tech-fueled operations cannot yield greater profits than off-line players.

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

Which of the following statements is true about the packaging process at Amazon?

The firm's period between shelling out money and collecting funds associated with a given operation is referred to as the _____.

Amazon:

Amazon owns an inventory of marketplace items.

A(n) _____ is a marketing practice where a firm rewards partners (affiliates) who bring in new business, often with a percentage of any resulting sales.

_____ exists when a firm's potential partners see that firm as a threat.

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

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

_____ is a randomized group of experiments used to collect data and compare performance among two options studied.

Amazon Web Services is a fool-proof system.

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Exam 6: Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

Amazon's moves are largely motivated by:

Mark, a retailer, is unable to sell his products. He doesn't have sufficient cash to meet his on-going expenses. In this scenario, Mark is facing a(n) _____.

Which of the following is an example of agency pricing?

Accounts payable periods do not vary.

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

What does the statement "Inventory turns of a store is high." mean?

Third-party products of Amazon are referred to as being part of the _____.

Dynamic pricing:

Tech-fueled operations cannot yield greater profits than off-line players.

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

Which of the following statements is true about the packaging process at Amazon?

The firm's period between shelling out money and collecting funds associated with a given operation is referred to as the _____.

Amazon:

Amazon owns an inventory of marketplace items.

A(n) _____ is a marketing practice where a firm rewards partners (affiliates) who bring in new business, often with a percentage of any resulting sales.

_____ exists when a firm's potential partners see that firm as a threat.

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

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

_____ is a randomized group of experiments used to collect data and compare performance among two options studied.

Amazon Web Services is a fool-proof system.

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, Disruptive Innovation, and What This Means for the Manager

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

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Facebook: Building a Business From the Social Graph

Understanding Software: a Primer for Managers

Software in Flux: Partly Cloudy and Sometimes Free

The Data Asset: Databases, Business Intelligence, 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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