Question 1

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

Accepted Answer

A) True 
 B)False  True

Question 2

Amazon's Kindle is described as an e-reader, but these devices are also effectively storefronts, directly linking consumers to purchase opportunities for Amazon products..

Accepted Answer

A) True 
 B)False  True

Question 3

Amazon's Kindle and Fire businesses are meant to create a channel for media sales as that segment rapidly shifts from atoms to bits.

Accepted Answer

A) True 
 B)False  True

Question 4

The online retailing technique known as _____ offers deep discounts of a limited quantity of inventory, often for a fixed period of time or until inventory runs out.

Accepted Answer

The answer of The online retailing technique known as _____...

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Amazon's industrial strength cloud computing offerings are better known by the acronym __________.

Accepted Answer

The answer of Amazon's industrial strength cloud computing offerings are...

Question 7

What advantage does Amazon get by creating its own branded products?

Accepted Answer

A)   Allows the firm to cut out some of the costs that would otherwise go to a branded supplier.
B)   Gives Amazon even more negotiating leverage with suppliers.
C)   Allows Amazon products revealed on site and in the firm's product search results to eliminate costly advertising and other awareness-building spending that many rival products invest in.
D)   Reduces reliance on well-known suppliers that otherwise sell commodity products.
E)   All of the above

Question 8

In order to achieve a negative cash conversion cycle a firm would want to:

Accepted Answer

A)   increase its account payable period and its inventory turns.
B)   decrease its account payable period and its inventory turns.
C)   increase its account payable terms and decrease its inventory turns.
D)   decrease its account payable terms and increase its inventory turns.
E)   analyze systems and stop whatever processes are causing this, since a negative cash conversion cycle is associated with losses, not profits.

Question 9

The phrase ___________________ refers to the situation where software developers start with a copy of a project's program source code, but modify it, creating a distinct and separate product from the original base.

Accepted Answer

The answer of The phrase ___________________ refers to the situation...

Question 10

partnership is assumed to have lowered textbook costs by 14 percent.

Accepted Answer

The answer of partnership is assumed to have lowered textbook...

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

The new Amazon Go concept store shows how a tech giant could really advance retail. The initial concept shows a store without cashiers and registers, where customers enter by __________.

Accepted Answer

The answer of The new Amazon Go concept store shows...

Question 13

In order to ensure security, Amazon Web Services allows only pre-approved, technically sophisticated firms to rent the firm's industrial-strength computing capacity on an as-needed basis.

Accepted Answer

A) True 
 B)False

Question 14

What is the purpose of Amazon Dash?

Accepted Answer

A)   To speed items throughout Amazon's warehouse.
B)   To rapidly restock Amazon's fulfillment center shelves.
C)   To speed delivery to consumers using drones.
D)   To allow consumers to rapidly place orders with Amazon.
E)   To deliver products using autonomous, driverless cars.

Question 15

In a set of steps called SLAM (scan, label, apply, manifest), and taking only about 2 minutes, packed boxes are weighed, and the software does an additional check to see if the weight is what's expected.

Accepted Answer

A) True 
 B)False

Question 16

Identify the true statement.

Accepted Answer

A)   Agency pricing is illegal.
B)   Rivals colluding to set prices is illegal.
C)   Wholesale pricing is illegal.
D)   In agency pricing, the seller pays publishers for titles and then sells those titles at whatever price it wished.
E)   Wholesale pricing is also known as agency pricing.

Question 17

How does Amazon gain bargaining power over its suppliers?

Accepted Answer

The answer of How does Amazon gain bargaining power over...

Question 18

Which of the following is the most liquid asset?

Accepted Answer

A)   Plant machinery
B)   Retail locations
C)   Goodwill
D)   Cash
E)   Office furniture

Question 19

Which of the following statements is true?

Accepted Answer

A)   The concept of accounts payable is applicable only when a customer buys from a retailer.
B)   The Amazon Associates program is the second largest affiliate marketing program in the world.
C)   Amazon does not allow third-party sellers to sell products through its website.
D)   Amazon has always sold products to customers using middlemen.
E)   It is not uncommon for a big retailer like Amazon to be able to hold products for a month or longer without having to pay for them.

Question 20

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

Accepted Answer

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

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

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

Amazon's Kindle is described as an e-reader, but these devices are also effectively storefronts, directly linking consumers to purchase opportunities for Amazon products..

Amazon's Kindle and Fire businesses are meant to create a channel for media sales as that segment rapidly shifts from atoms to bits.

The online retailing technique known as _____ offers deep discounts of a limited quantity of inventory, often for a fixed period of time or until inventory runs out.

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

Amazon's industrial strength cloud computing offerings are better known by the acronym __________.

What advantage does Amazon get by creating its own branded products?

In order to achieve a negative cash conversion cycle a firm would want to:

The phrase ___________________ refers to the situation where software developers start with a copy of a project's program source code, but modify it, creating a distinct and separate product from the original base.

partnership is assumed to have lowered textbook costs by 14 percent.

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

The new Amazon Go concept store shows how a tech giant could really advance retail. The initial concept shows a store without cashiers and registers, where customers enter by __________.

In order to ensure security, Amazon Web Services allows only pre-approved, technically sophisticated firms to rent the firm's industrial-strength computing capacity on an as-needed basis.

What is the purpose of Amazon Dash?

In a set of steps called SLAM (scan, label, apply, manifest), and taking only about 2 minutes, packed boxes are weighed, and the software does an additional check to see if the weight is what's expected.

Identify the true statement.

How does Amazon gain bargaining power over its suppliers?

Which of the following is the most liquid asset?

Which of the following statements is true?

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