After Jeff Bezos Read About How the Internet Was Growing

question 52

Multiple Choice

After Jeff Bezos read about how the Internet was growing by 2,000 percent a month,he set out to use the Internet as a new distribution channel and created Amazon,which is now the world's largest online retailer.This is clearly an example of:

• A) A firm with a strong core competency in R&D.
• B) An entrepreneur who transformed invention into an innovation.
• C) An entrepreneur who tried to harvest the remaining demand on the Internet.
• D) Someone who focused on the "short head" of the Internet.

---

Definitions:

Gilded Age

denotes a period in late 19th-century America, characterized by rapid economic growth, industrialization, and ostentatious displays of wealth, alongside widespread social and political corruption.

Political Parties

Political parties are organized groups of people with similar political ideologies and objectives that compete in elections to hold power in government.

Sectional Divisions

Regional disagreements and conflicts within a country, often based on economic, social, or political differences.

Munn v. Illinois

An 1877 U.S. Supreme Court case that upheld the power of state governments to regulate private industries in the public interest.