Which Business Type Describes Amazon.ca

question 171

Multiple Choice

Which business type describes Amazon.ca?

• A) Brick-and-mortar business
• B) Pure-play business
• C) Click-and-mortar business
• D) All of these depending on the product being purchased and the company purchasing the product.

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Definitions:

Consignment

An arrangement in which goods are left in the possession of another party to sell, but the consignor retains ownership until the goods are sold.

Net Realizable Value

The estimated selling price of an asset in the ordinary course of business minus any costs of completion, transportation, and necessary selling expenses.

Direct Costs of Disposal

The expenses directly linked to the process of disposing of an asset, including sales fees and legal costs.

Decreasing Costs

A situation where the expenses of producing a good or service fall over time, typically due to efficiency improvements or economies of scale.