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AmazonCom Was an Early Leader in Online Retailing

question 30

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Amazon.com was an early leader in online retailing.Part of the firm's success was due to a well-designed and efficient EDI system with book publishing companies,allowing just-in-time delivery.Even with a well-designed EDI system,Amazon.com would not have been successful without


Definitions:

Return on Investment (ROI)

A performance measure used to evaluate the efficiency of an investment or compare the efficiency of several different investments, calculated as net profit divided by the cost of the investment.

Asset Data

Refers to the collection of information related to a company's assets, including physical assets and financial assets.

Allocation Bases

Criteria or bases used to distribute costs among different departments, products, or activities in a fair and efficient manner.

Salaries

Regular payments made by an employer to an employee, usually on a monthly or biweekly basis, in exchange for work performed.

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