Which of the following is true of Amazon?
A) Amazon's early warehousing was a product of efficient, money-making processes.
B) Amazon is the last place most consumers shop online.
C) The three pillars of Amazon's business are large selection, convenience, and lower prices.
D) Amazon, only recently has started selling directly to customers.
E) Amazon concentrates on niche customers, low brand assortment, and higher prices to gain competitive advantage.

Question

Quizplus · Accepted Answer

Amazon's three pillars of business are large selection, convenience, and lower prices. This is a key part of their strategy and has contributed to their success. Option A is incorrect, as Amazon's early warehousing was actually a result of their goal of providing customers with fast delivery. Option B is incorrect, as Amazon is one of the most popular and frequently used online retailers. Option D is also incorrect, as Amazon has been selling directly to customers since its inception. Option E is incorrect, as Amazon's strategy is focused on providing a wide selection of goods at competitive prices.

Which of the Following Is True of Amazon