Which of the Following Statements Regarding Amazon

question 151

Multiple Choice

Which of the following statements regarding Amazon.com is FALSE?

• A)The company was opened by Jeff Bezos in 1995.
• B)The company was founded as,and still is,a "virtual" retailer with no inventory.
• C)The company is now a world-class leader in warehouse automation and management.
• D)The company uses both United Parcel Service and the U.S.Postal Service as shippers.
• E)Amazon obtains its competitive advantage through inventory management.

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Definitions:

Limited Proprietorship

Likely referring to a Limited Partnership, a structure where there are one or more general partners with unlimited liability, and limited partners with liability restricted to their investment.

Corporate Treasurer

A senior executive responsible for managing the investment and financing activities of a corporation, including liquidity management and financial risk.

Tax Management

Strategic planning aimed at minimizing liability and optimizing efficiency in tax obligations.

Credit Management

The process of granting credit, setting the terms it's granted on, and recovering this credit when it's due.