Which of the Following Statements About Zappos Is Most Accurate

question 172

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've had the shoes.

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Definitions:

Labor

Labor refers to the use of both physical and mental human efforts in creating goods and services.

Positive Supply

A situation where an increase in price leads to an increase in the quantity supplied, holding other factors constant.

Cockatoos

A group of bird species known for their distinctive crests and social behavior, not directly related to economic terms.

Smuggled

Smuggled goods are those transported illegally, avoiding regulatory oversight or tariffs.