Read the article below and answer the following questions:

https://www.fastcompany.com/3014817/amazon-jeff-bezos

1. What does Bezos mean by saying it is still Day One?

2. Identify the following Amazon features and explain why they are considered E-commerce innovations: 1-Click Ordering, Subscribe and Save, Lockers, AmazonPrime

3. Bezos states "In the digital world, you can't convince people you have the low price, you have to have the lowest price" Explain what you think Bezos means by this statement. Do you agree with this statement?

4. The author of the article quotes a former Amazon employee as saying that AmazonFresh is "a Trojan horse" and is part of a solution to the "last mile problem." What is meant by these statements? And do you agree that AmazonFresh solves the "last mile problem."

5. The author of the article states that "the bigger Amazon gets the greater the number and variety of stakeholders required ..." What does this statement mean? If this statement is true, what are the implications? Has Amazon managed its various stakeholders in the past? What are the implications for the future?

6. Third party sellers account for 40% of Amazon's revenues. Does this represent a strength or weakness of Amazon's business model?

7. The author of the article indicates that Target and Walgreens have "geo-fenced" their stores. What does this mean? Do you think this strategy may work in allowing traditional retailers to compete with Amazon?