In 2012, an article in the Wall Street Journal described how Amazon had begun making loans to
Question:
In 2012, an article in the Wall Street Journal described how Amazon had begun making loans to the small businesses that sell on its site. Many of these businesses had previously been turned down for bank loans. An Amazon spokesman was quoted as saying: “Our goal is to solve a difficult problem for sellers.”
a. Why might Amazon have been willing to make loans to small businesses that banks were not willing to make?
b. What would be the advantages and disadvantages to a small business of borrowing from Amazon rather than from a bank? What would be the advantages and disadvantages to Amazon of making the loan?
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a Amazon might have been willing to make loans to small businesses that banks were not willing to make due to several reasons Access to Data Amazon has access to extensive data on the performance sale...View the full answer
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