What was Amazon's initial business model when it first started?
Why Amazon is Begging For Regulations: The Twisted Economics of Amazon

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Business
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7th - 12th Grade
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Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gaming platform
Grocery delivery
Online streaming service
Online bookstore
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Amazon manage to enter markets with high barriers to entry?
By acquiring smaller companies
By leveraging its existing infrastructure
By reinvesting profits from other parts of the business
By focusing solely on profits
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary difference between a monopoly and a monopsony?
A monopoly controls sales, while a monopsony controls purchases
A monopsony controls sales, while a monopoly controls purchases
Both control sales and purchases equally
Neither controls sales or purchases
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of Amazon's business model that allows it to avoid being a monopoly?
Diversifying into multiple industries
Avoiding competition
Reducing prices
Focusing on a single market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential impact of Amazon's monopsony strategy on suppliers?
Higher prices for consumers
Reduced bargaining power for suppliers
Increased competition among suppliers
More options for consumers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following companies is NOT mentioned as being influenced by Amazon's growth model?
Snapchat
Lyft
Wework
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of the 'growth at all costs' model?
Higher taxes
Lack of profitability
Decreased market share
Increased competition
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