Information Systems Study Set 2

Which of the following is true of Amazon?

In a set of steps called SLAM (scan, label, apply, manifest), and taking only about 2 minutes, packed boxes are weighed, and the software does an additional check to see if the weight is what's expected.

Amazon does not open its website up to third-party sellers.

Accounts payable periods do not vary.

Amazon got its start selling games online.

Amazon became the fastest firm in history to reach $100 billion in sales.

Amazon owns the inventory that third-party sellers provide via the 'Fulfillment by Amazon' service.

The use of Kiva robots has also allowed Amazon to radically reduce headcount, saving the firm additional money by cutting its workforce.

The three pillars of Amazon's business are large selection, convenience, and lower prices.

One of the reasons Amazon has struggled to achieve profitability is because the firm has a negative cash conversion cycle.

Amazon PrimeAir is the name of Jeff Bezos' commercial rocketry and aviation firm.

Amazon's success strategy is based on the focus on its quarterly results.

In order to automate profit-pushing hyper-efficiency, Amazon warehouses are powered by at least as much code as the firm's website.

Which of the following is not a firm that has received an investment from Jeff Bezos?

Amazon went seven whole years without turning a profit.

Tech-fueled operations cannot yield greater profits than off-line players.

Initially, Amazon adopted the domain of a non-profit organization.

Amazon shelves are specifically stocked so that similar items are not placed next to each other.

Many pundits assumed Amazon would fail. Why?

Which of the following strategies was followed by Amazon's founder?