Amazon:
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

Quizplus · Accepted Answer

Amazon initially started as an online bookstore, but quickly expanded into other product categories including electronics, apparel, home goods, and more. Today, Amazon offers dozens of categories beyond books.

Note: A, B, C, and E are all incorrect. While Amazon did start off as an online bookstore, it did not start making profits until several years later. Amazon did not adopt the domain of a non-profit organization, and while it does report quarterly results, it is not necessarily the primary focus of the company. While Amazon has maintained consistent profitability in recent years, it did not start making profits until later in its history.