Businesses Such as Amazon

question 47

Multiple Choice

Businesses such as Amazon.com and Buy.com that transact business only through an online environment are called__________ Retailers.

• A)big data
• B)pure play
• C)brick-and-mortar
• D)structured

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Definitions:

Coordination

Coordination refers to the process of organizing people or groups so that they work together efficiently and effectively.

Cooperation

A process where individuals, organizations, or countries work together towards common goals or interests.

Resource Dependency

A theory that organizations depend on external resources to function, and their strategies are designed to acquire and maintain these resources.

Closed Systems

Organizations or processes that are self-contained and do not interact or exchange matter with their environment.