Amazon Takes Steps to Counter the Counterfeiters

Amazon Takes Steps to Counter the Counterfeiters

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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Amazon is intensifying efforts to combat counterfeits by building teams in the US and Europe. The challenge lies in balancing ease for legitimate sellers with vulnerability to counterfeits. Amazon's legal responsibility is to provide a mechanism for reporting fakes, but brands demand more proactive measures. Sports leagues like MLB and NFL are hesitant to partner with Amazon due to counterfeit concerns, highlighting the need for better policing and proactive strategies.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason Amazon is a prime target for counterfeiters?

Its small size and limited reach

Its ease of access for sellers

Its strict seller verification process

Its focus on physical stores

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Amazon attempt to identify counterfeit products proactively?

By reducing the number of sellers

By hiring more warehouse staff

By increasing advertising budgets

By investing in scientists and programmers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the legal responsibility of marketplaces like Amazon regarding counterfeits?

To refund all counterfeit purchases

To guarantee all products are genuine

To ban all third-party sellers

To provide a mechanism for reporting fakes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are sports leagues like MLB and NFL hesitant to partner with Amazon?

Because Amazon lacks a global presence

Because of concerns about counterfeit products

Due to Amazon's high fees

Due to Amazon's focus on digital products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do brands want Amazon to do to better handle counterfeits?

Increase the number of product categories

Reduce the number of sellers

Be more proactive in preventing counterfeits

Focus solely on digital products