Question: Why was Amazon able to survive for so long without making a profit? Group of answer choices Bezos had inherited a fortune from his parents

Why was Amazon able to survive for so long without making a profit?
Group of answer choices
Bezos had inherited a fortune from his parents to start with so he could survive longer without making money.
Amazon always had a lot of cash on hand, even before the dot-com bubble broke in 2000.
Jeff could always sell his spaceship business if things got bad
The stock market historically is patient with new technology knowing that it will take years to profit from it.
Though investors were impatient, Jeff was always direct with them about putting growth before profit.

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:

Amazon (300 words per question) What is competition like in the grocery retail industry? Which of the five competitive forces is strongest? Which is or are weakest? What competitive forces seem to...

Q:

The primary objective of organizations is to _____________. Group of answer choices Create and capture value None of the answers are correct Produce goods or services Produce a profit for its...

Q:

W03 Unit 1 Review 4 Consider the conditional statement "If x is a prime number, then x is an odd number." Is this statement true for x = 2? (Remember a prime number is divisible only by 1 and itself)...

Q:

1. Zeke's Soda is a small company. They have never grown much, but they have never quite gone out of business over their 75 year history. They have a secret recipe for a raspberry soda which is their...

Q:

Case: Criticizing customers. Short-changing workers. Sassing regulators. Deceiving authorities. Emphasizing rule breaking and ruthlessness in a win at all costs workplace culture. Is this what it...

Q:

2) Attitudes have three components. Which of the following is NOT one of those three components. Cognitive Perfect competition Emotional Behavioral 3) The success of an organization is greatly...

Q:

1)Attitudes can be defined as: Thoughts you have accepted as true and that lead you to think, feel, or act positively or negatively towards a person, idea, or event. The prejudices you harbor even...

Q:

13) Expectancy theory is based on whether you believe you can be successful at completing a certain task. Those who do not believe thay can do a particular task or that effort to complete it is not...

Q:

This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution as requested by the work's original creator or licensee....

Q:

Case Study: Amazon.com, Inc: Driving Disruptive Change in US grocery market. Answer all question based on mark given; 1) State the case? ( 20 marks) 2) Identify the problem and its symptoms based on...

Q:

The owner of a moving company wanted to predict labor hours based on the cubic feet moved. Perform a residual analysis for these data (stored in Moving). Based on these results, evaluate whether the...

Q:

1. For the graph given below perform the following tasks S A B D free T R a. Perform a graph traversing strategy that is used to detect cycles in a graph. You can start traversing from vertex A. b....

Q:

Which of the following is false regarding an 8 3 ( b ) election? Top of Form Multiple Choice The election freezes the value of the employee's compensation as of the grant date. The election is an...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...