Search Header Logo
Glitch Causes Amazon U.K. to Sell Items for One Penny

Glitch Causes Amazon U.K. to Sell Items for One Penny

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

A technical glitch on Amazon's UK marketplace caused thousands of items to be listed at 1 penny, impacting sellers represented by Reseller Express. While some customers benefited from the error, many sellers faced significant financial losses, with some fearing bankruptcy. The incident highlights the challenges small sellers face in maintaining competitive prices, often relying on third-party pricing algorithms that can malfunction.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do small sellers try to keep their prices competitive on the Internet?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What issues can arise from using third-party pricing companies?

Evaluate responses using AI:

OFF

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?