What Advantage Does Amazon Get by Creating Its Own Branded

question 7

Multiple Choice

What advantage does Amazon get by creating its own branded products?

• A) Allows the firm to cut out some of the costs that would otherwise go to a branded supplier.
• B) Gives Amazon even more negotiating leverage with suppliers.
• C) Allows Amazon products revealed on site and in the firm's product search results to eliminate costly advertising and other awareness-building spending that many rival products invest in.
• D) Reduces reliance on well-known suppliers that otherwise sell commodity products.
• E) All of the above

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Definitions:

Uniform Prudent Management

This term refers to the guidelines and principles for managing nonprofit and trust assets responsibly and prudently, ensuring that they are used effectively to fulfill the organization's mission.

Institutional Funds Act

A legislative framework governing the investment practices and financial management of funds held by educational, charitable, and other non-profit institutions.

Types Of Accounting

Various methodologies and practices for recording, analyzing, and managing financial transactions and statements.

Use-It-Or-Lose-It

A principle emphasizing that not using a skill or capacity may lead to its gradual deterioration over time.