Information Systems Study Set 2

Computing

Quiz 7 :

Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

Quiz 7 :

Amazoncom: an Empire Stretching From Cardboard Box to Kindle to Cloud

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Which of the following is true of Amazon?
Free
Multiple Choice
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Answer:

C

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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.
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True False
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False

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

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Accounts payable periods do not vary.
True False
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Amazon got its start selling games online.
True False
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Amazon became the fastest firm in history to reach $100 billion in sales.
True False
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Amazon owns the inventory that third-party sellers provide via the 'Fulfillment by Amazon' service.
True False
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The use of Kiva robots has also allowed Amazon to radically reduce headcount, saving the firm additional money by cutting its workforce.
True False
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The three pillars of Amazon's business are large selection, convenience, and lower prices.
True False
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One of the reasons Amazon has struggled to achieve profitability is because the firm has a negative cash conversion cycle.
True False
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Amazon PrimeAir is the name of Jeff Bezos' commercial rocketry and aviation firm.
True False
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Amazon's success strategy is based on the focus on its quarterly results.
True False
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In order to automate profit-pushing hyper-efficiency, Amazon warehouses are powered by at least as much code as the firm's website.
True False
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Which of the following is not a firm that has received an investment from Jeff Bezos?
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Amazon went seven whole years without turning a profit.
True False
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Tech-fueled operations cannot yield greater profits than off-line players.
True False
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Initially, Amazon adopted the domain of a non-profit organization.
True False
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Amazon shelves are specifically stocked so that similar items are not placed next to each other.
True False
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Many pundits assumed Amazon would fail. Why?
Multiple Choice
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Which of the following strategies was followed by Amazon's founder?
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