Amazon's Original Concept of Operating Without Inventory Has Given Way

question 57

Short Answer

Amazon's original concept of operating without inventory has given way to a model in which Amazon is a world-class leader in ________.

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Definitions:

1980s

The decade spanning from January 1, 1980, to December 31, 1989, marked by significant global economic, political, and cultural events.

Modern Banking

The contemporary financial system involving banks that offer a wide range of services, including deposits, loans, investment services, and electronic banking, characterized by regulatory frameworks and technological advancements.

Goldsmiths' Receipts

Historical documents representing deposit certificates issued by goldsmiths to denote ownership of gold or silver deposited with them.

Gold Coins

A type of currency made almost exclusively from gold, historically used as legal tender in various transactions.