Question: Why does Amazon need to worry about competitors in online shopping? E - commerce is affected by the law of diminishing returns. Internet technologies are

Why does Amazon need to worry about competitors in online shopping?
E-commerce is affected by the law of diminishing returns.
Internet technologies are universal, and therefore usable by all companies.
Internet shopping can take place 24/7 in any location.
The Internet enables the creation and sale of smart products.
The Internet increases switching costs.
Why does Amazon need to worry about competitors in online shopping?

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:

Which of the following is a competitive force challenging the publishing industry? A) Positioning and rivalry among competitors B) Low cost of entry C) Substitute products or services D) Customers'...

Q:

Why does Amazon need to worry about competitors in online shopping? Question 1 7 options: A ) The Internet increases switching costs. B ) Internet technologies are universal, and therefore usable by...

Q:

1 3 Multiple Choice 1 point Why does Amazon need to worry about competitors in online shopping? The Internet enables the creation and sale of smart products. The Internet increases switching costs....

Q:

Why does Amazon need to worry about competitors in online shopping? The Internet enables the creation and sale of smart products. Internet technologies are universal, and therefore usable by all...

Q:

Why does Amazon need to worry about competitors in online shopping? Internet technologies are universal, and therefore usable by all companies. The Internet enables the creation and sale of smart...

Q:

Question 2 0 ( 1 point ) Why does Amazon need to worry about competitors in online shopping? The Internet increases switching costs. E - commerce is affected by the law of diminishing returns....

Q:

Why does Amazon need to worry about competitors in online shopping? Question 137 options: Internet technologies are universal, and therefore usable by all companies E-commerce is affected by the law o

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

In a retail setting, qualifying potential customers is Multiple Choice ethical and encouraged. dangerous and potentially illegal. legal and encouraged. stressed by upper level management as an...

Q:

Pick three currencies you are interested in. Search online for the current bid and ask prices for all their Forex rate (i.e., if you picked the USD, AUD, and CAD you should find quotes for the...

Q:

ABC Insurance Company has variable expenses of 2 0 % of premium plus a profit provision of 5 % of premium. Fixed costs are 0 . DEF Insurance Company also has variable expenses of 2 0 % of premium and...

Q:

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...