Boxed CEO Sees Discipline as Key to Competing With Amazon

Boxed CEO Sees Discipline as Key to Competing With Amazon

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the challenges and vulnerabilities businesses face as they grow, emphasizing the importance of discipline. It highlights the journey from a small operation to a national network, focusing on maintaining core strengths. The discussion shifts to Amazon's market influence and its challenges in the online food sector, particularly with fresh foods, as evidenced by their acquisition of Whole Foods.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key vulnerability for businesses as they expand?

Lack of innovation

Loss of discipline

Increased competition

High employee turnover

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy does the company focus on to serve its B2B customers?

Expanding product variety

Limited SKU and large format

Offering discounts

Increasing marketing efforts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might the company not be suitable for single individuals in small apartments?

They only serve businesses

They have high delivery fees

They offer too many products

They focus on bulk purchases

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is identified as Amazon's current weakness?

Customer service

Food sector

Logistics

Technology

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant step did Amazon take to address its weakness in the food sector?

Acquired Whole Foods

Opened new fulfillment centers

Launched a new food brand

Partnered with local farmers