Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In 1999, Amazon spent nearly 18% of its revenue on capital expenditures and built five U.S. distribution and warehouse facilities as well as customer service
In 1999, Amazon spent nearly 18% of its revenue on capital expenditures and built five U.S. distribution and warehouse facilities as well as customer service centers, this allowed them to Group of answer choices benefit from economies of scale in their original business (books) benefit from economies of scope as they diversified into music, movies, and other products benefit from economies of scope as they began selling services to other businesses (a few years later) All of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started