Please answer with 2 to 5 sentences for each question.

Read and digest thoroughly THE Letter to Shareholders from the CEO, Andy Jassy, at the beginning of the Annual Report for the year ended 12-31-21 and also the 1997 Letter To Shareholders (which is included) and ALSO read at least one outside article about former CEO Jeff Bezos and his management style. NOTE: If the Letter to Shareholders for the year ended 12-31-22 is published before you submit your report, be sure to read this letter also.

What did you learn about Amazon from this letter that you never knew before?

What sets Jeff Bezos apart from other business leaders? Cite an example from one of the outside articles you have read.

What makes Amazons strategy today so successful? Cite an example from the Letter to Shareholders to support your contention.

Explain why you think Amazon survived the dot.com crash of 2000, which we just studied. What made Amazon different from the failed dot-coms?

Answer questions #1 and #2 on page 10-30 of the case AS THOUGH YOU WERE ANSWERING IT IN THE YEAR 2000.

How do your answers to these questions change if you answer it in light of where the company is today? Explain.

Review the companys financial information since the time of the case through the most recent fiscal year (12-31-22), then summarize the trend in earnings and market capitalization for the most recent 3 year period.

Compare annual cash flows for the most recent 3 year period (2020-2022) and make a general statement about where the cash comes from and where it goes. Select one or two significant changes in cash flow line items between the 3 years and discuss.

Discuss any concerns you have for this company going forward. What are some of the key risks associated with Amazons current business strategy? How has Amazons strategy changed since 2000?

Look at the stock price history over the most recent 12 months and where it is

today. Explain the stock split that occurred during 2022 and what effect it had on price per share and earnings per share. Has Amazons stock behavior matched that of the broader market? Explain.

Do you think Amazon should be stopped from an antitrust viewpoint? Is Amazon getting too big? Take a position and support it.

Listen to the 4th quarter 2022 webcast on earnings and read the earnings release and highlight what you think is the SINGLE most important disclosure which might affect the future of this business. Explain why. Explain what caused the decrease in earnings in 2022.

Thank you for your help.