What can be said about the company Amazon?
A)Amazon was immediately profitable since the year it was founded.
B)Amazon has never become fully profitable.
C)Amazon was not profitable until more than seven years after its start-up.
D)Amazon is in the business of books only

Question

Quizplus · Accepted Answer

Amazon was founded in 1994 but did not turn a profit until 2001, more than seven years after its start-up. Therefore, option A and D are incorrect. Although Amazon has had periods of profitability, it has also experienced periods of losses, and as of 2021, it is not fully profitable, making option B incorrect as well.

What Can Be Said About the Company Amazon