Looking to the future, Amazon anticipates that it will soon be able to deliver packages to customers by using automated drones. This would allow Amazon to deliver a package to a customer within 30 minutes of the purchase. The key goal of focusing on this function of distribution is:
A) efficient handling of the goods within a warehouse and efficient distribution of those goods to customers.
B) to maintain low inventory levels while avoiding stock-outs.
C) to find the best trade-off of speed and cost for the situation.
D) to stockpile inventory to ensure there are never stock-outs.
E) to choose the fastest delivery method in order to ensure customer satisfaction.
Question 2
Three advertising executives have decided to start their own business. They will each invest the same amount to get the business started and plan to split profits evenly among themselves. They would like limited liability and would like to avoid double taxation. Which type of business ownership would best suit their needs?
A) Sole proprietorship
B) LLC
C) Partnership
D) Corporation
E) Joint venture
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