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:

Storyteller

An individual who narrates stories, often using skill and creativity to convey messages, entertain, or preserve cultural traditions.

Ease

The state of being comfortable, free from difficulty or effort.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Accessibility

The ease with which information, services, or physical spaces can be reached or utilized, particularly by people who experience disadvantages.