Which of the Following Statements About Zappos Is Most Accurate

question 58

Multiple Choice

Which of the following statements about Zappos is most accurate?

• A)Zappos limits its inventory to a selection of high-end fashion footwear.
• B)Zappos carries more than 1,000 different brands.
• C)Zappos can guarantee overnight shipping to all its customers because they know ahead of time what they will be charged for express service.
• D)Zappos is so successful because it has chosen a single mission to "sell shoes and nothing else."
• E)Zappos offers a 30/60/90 return policy whereby refunds are based on how long you have had the shoes.

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Definitions:

Window Dressing

Techniques employed by firms to make their financial statements look better than they really are.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over its current liabilities.

Long-Term Debt

Borrowings and financial obligations that are due for repayment beyond one year's time, often used for major investments or acquisitions.

Profit Margins

Financial ratios that measure the percentage of profit a company generates from its revenues, indicating the efficiency at which a company converts sales into profits.