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

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Amazon Echo refers to Amazon's audiobook division, an especially lucrative business because of the company's text-to-speech expertise.

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False

Amazon does not open its website up to third-party sellers.

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False

Which of the following is not a firm that has received an investment from Jeff Bezos?

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Describe the benefits Amazon has received by deploying Kiva robots in its fulfillment centers.

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The three pillars of Amazon's business are large selection, convenience, and lower prices.

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Dynamic pricing:

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Amazon went seven whole years without turning a profit.

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The term __________________________________________________ refers to showing ads for products and services from a site that a user has previously visited.

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Briefly describe Amazon Web Services (AWS).

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If an author uses Amazon as a publisher, his titles will only be available through Kindle.

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Why would a customer choose the Amazon Workspaces product?

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______________ 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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Amazon PrimeAir is the name of Jeff Bezos' commercial rocketry and aviation firm.

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

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Amazon, as a company, is susceptible to channel conflicts, but less so if it can deliver suppliers a greater revenue than all other channels combined.

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Which of the following is considered one of the three 'pillars' critical to Amazon's business success?

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The publishing practice known as _____________ pricing allows a retailer to buy products from suppliers, but then sell these products to consumers at whatever price they'd like.

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How has Amazon become a victim of channel conflict?

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

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

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