Which of the following are Amazon's primary value propositions?
A) personalization and customization
B) selection and convenience
C) reduction of price discovery cost
D) management of product delivery
B
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Which of the following is a quantitative screening criterion for evaluating opportunities?
A. kinds of business the firm wants to be in B. return on investment (ROI) target for the firm C. kinds of business the firm wants to exclude D. weaknesses the firm should avoid E. resources the firm should build on
Since 1958, Ray and Barbara Mensen have leased on a month-to-month basis a house owned by Helen and Clarence Haines (Clarence died in 1984). In 1963, discussions began between the two couples about the possibility of a purchase of the home. The Haineses
had hoped the Mensens would look after them in their old age, since the Haineses had no known relatives. Several drafts of the deed were produced, along with discussions that the property was being deeded to the Mensens in exchange for care and assistance for the Haineses. The deed giving the Mensens "the farm" was transferred to them sometime in December 1980 or January 1981 and recorded on January 13, 1981. The deed also included the following language: Part of the Northeast Quarter of the Northeast Quarter of Section 9 Township 16 North Range 13 East all in Douglas County Nebraska as recorded in the Douglas County Register of Deeds office. The Mensens did not deliver the promised care, and Helen Haines brought suit to have the deed declared void for failure of consideration and inadequacy of the description. Is the description adequate?
If a state law requires that local governments prepare General Fund and special revenue fund budgets on a basis that differs from the basis of accounting required by generally accepted accounting principles (GAAP):
A. Only a budgetary comparison schedule prepared for the appropriate state oversight body is required. B. The actual amounts in the budgetary comparison schedule should be reported on the GAAP basis. C. The actual amounts in the budgetary comparison schedule should be reported using the government's budgetary basis. D. Both the budgeted and actual amounts in the budgetary comparison schedule should be reported on the GAAP basis; a separate budget-basis comparison schedule should be prepared for the appropriate state oversight body.
Partnership accounting does not:
A. Tax the business entity. B. Allocate net loss to each partner according to the partnership agreement. C. Use a capital account for each partner. D. Allocate net income to each partner according to the partnership agreement. E. Use a withdrawals account for each partner.