Amazon Uses A(n) ________ SCM System

question 66

Multiple Choice

Amazon uses a(n) ________ SCM system.

• A) mobile
• B) open-source
• C) proprietary, on-premise
• D) social

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Definitions:

Production Technologies

The methods, equipment, and processes used to manufacture goods or provide services.

Close Substitutes

Products or services that can easily replace one another in the eyes of consumers, leading to competitive market dynamics.

Positive Profits

Positive profits occur when a business's total revenues exceed its total costs, indicating financial gain from its operations.

Long Run

Refers to a period where all factors of production and costs can be variable, allowing firms to adjust to changes in the business environment fully.