Why Does Amazon

question 6

Multiple Choice

Why does Amazon.com need to worry about competitors in online shopping?

• A)E-commerce is affected by the law of diminishing returns.
• B)Internet technologies are universal,and therefore usable by all companies.
• C)Internet shopping produces cost transparency.
• D)The Internet enables the production or sales of substitute products or services.
• E)The Internet increases switching costs.

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Definitions:

R-chart

A control chart used to monitor the range of variability within a process as a measure of dispersion.

Past Process Performance

Historical data analysis of a process' operational performance, used to identify trends, efficiencies, and areas for improvement.

R-chart

A type of control chart used for monitoring the range of variation within a sample.

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to make inferences about the population.