How Did Amazon Respond to the Click-And-Mortar Competition

question 106

Multiple Choice

How did Amazon respond to the click-and-mortar competition?

• A)By changing to bricks-and-mortar
• B)By changing to trick-and-mortar
• C)By offering same day home delivery
• D)By offering free products
• E)None of the above

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Definitions:

Business

All profit-seeking activities and enterprises that provide goods and services necessary to an economic system.

Assets

Resources owned by a business or individual that are expected to provide future economic benefit.

Liabilities

Financial obligations or debts that a company or individual owes to others.

GAAP

Generally Accepted Accounting Principles, a collection of commonly followed accounting rules and standards for financial reporting.