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AmazonCa Has Many Revenue Streams

question 107

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Amazon.ca has many revenue streams.One of these is their online auctions which brings many buyers and sellers together.These online auctions attempt to take strategic advantage of


Definitions:

Alternative Courses of Action

Different strategies or options available to an individual or organization when making decisions or solving problems.

Availability Bias

A cognitive bias that causes people to overestimate the importance or frequency of information that is readily available to them.

Confirmation Error

A cognitive bias that leads individuals to favor information or interpretations that confirm their pre-existing beliefs or hypotheses.

Representativeness Bias

A cognitive bias where individuals inaccurately judge the probability of an event by comparing it to an existing prototype in their minds.

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