Question: 2 points Many business pundits originally predicted that Amazon would fail. Why? Amazon was losing money and competing with well - established brands that were

2 points
Many business pundits originally predicted that Amazon would fail. Why?
Amazon was losing money and competing with well-established brands that were also moving online
the profit margin on books was very small compared to other physical goods
"Amazon" was not a brand name potential customers knew or could relate to
Amazon was not generating orders fast enough to sustain itself
all of the above
2 points Many business pundits originally predicted that Amazon would fail.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

A suspender on a suspension bridge consists of a cable that passes over the main cable (see figure) and supports the bridge deck, which is far below. The suspender is held in position by a metal tie...

Q:

Walmart's Global Strategy Case: 3. How would you characterize Walmarts Latin America strategy? What countries were targeted as part of this strategy? What potential does this region bring to Walmarts...

Q:

Please help with coming up with an introduction for this case. Can be put into bullet points on items to discuss. Thank you! Use the introduction to identify the company to be analyzed. In addition,...

Q:

PLEASE HELP WITH AN INTRODUCTION and Conclusion!! Thank you so much INTRO Use the introduction to state the focus or purpose of your analysis as well as to define the companys SBUs and the date of...

Q:

2019 started out difcult for FreshDirect. Although FreshDirect's website read, \"We're on a mission to deliver quality beyond question and convenience that adds something great to your day,\"...

Q:

2019 started out difcult for FreshDirect. Although FreshDirect's website read, \"We're on a mission to deliver quality beyond question and convenience that adds something great to your day,\"...

Q:

Please the following Question: Case Issues: 1. Issue: Reliance on the iPhone and iPad Has been reliant on the iPhone as its primary source of revenue. Plan option: Can they promote the iPhone more?...

Q:

2. Imagine you are a business analyst. Now review Google's strategy pre and post reorganization with special focus on the several businesses that are a part of the New Alphabet/Old Google. Is...

Q:

Up until the time of the COVID-19 crisis, what has been the basis of Lenovo's competitive advantage? How has it managed to leverage its global operations to increase both market share and efficiency?...

Q:

Game-changing forces and the global advertising industry Peter Cardwell through the concept of a brand being communicated via media channels. Brands allow consumers to differen tiate between products...

Q:

USE THE CASE STUDY pleasd answer the following question 2. What strategic group dimensions and strategic groups can you identify? What are the differences between them? Case example Game-changing...

Q:

Given the following Balance Sheet of a commercial bank: Balance Sheet Assets $ Million Liabilities $ Million Cash & Required Reserves 5 Demand Deposits 40 Deposits with Correspondent Banks abroad...

Q:

During the current month, Reyes Corporation completed Job 310 and Job 312. Job 310 cost $60,000 and Job 312 cost $50,000. Job 312 was sold on account for $90,000. Journalize the entries for the...

Q:

How do employers respond to an increase in the minimun wage

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...