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Amazon Trivia Quiz Questions With Answers

Trivia quiz questions and answers about Amazon.

 

Amazon Trivia Quiz Questions With Answers

What is Amazon?
A: Amazon.com, Inc. doing business as Amazon is an American electronic commerce and cloud computing company.

In 1994, Bezos left his employment as vice-president of what company?
A:  D. E. Shaw & Co., a Wall Street firm.

Where did Jeff move to in 1994?
A: Seattle, Washington.

What did Mr. Bezos do in Seattle?
A: He began to work on a business plan for what would become Amazon.com.

On July 5, 1994, Bezos incorporated the company in Washington State with what name?
A:  Cadabra, Inc.

In September 1994, Bezos purchased what URL?
A:  Relentless.com.

Jeff Bezos considered naming his online store Relentless, but friends told him the name sounded what?
A: A bit sinister.

 

Bezos selected the name Amazon by doing what?
A: Looking through the dictionary.

Why did he settle on "Amazon"?
A: Because it was a place that was "exotic and different", just as he had envisioned for his Internet enterprise.

The Amazon River, he noted, was the biggest river in the world, and he planned to do what?
A: Make his store the biggest bookstore in the world.

Additionally, a name that began with "A" was preferential due to what probability?
A: The probability that it would occur at the top of an alphabetized list.

After reading a report about the future of the Internet that projected annual web commerce growth at 2,300%, what did Jeff Bezos do?
A: He created a list of 20 products that could be marketed online. 

Bezos narrowed the list to what he felt were the what?
A: The five most promising products, which included: compact discs, computer hardware, computer software, videos, and books.

Bezos finally decided that his new business would sell what?
A: Books online.

Why did he select books?
A:  Due to the large worldwide demand for literature, the low price points for books, and the huge number of titles available in print.

 

Where was Amazon founded?
A: In the garage of Bezos' rented home in Bellevue, Washington.

How much money did Bezos' parents invest in his venture?
A: Almost $250,000.

When did the company begin service as an online bookstore?
A: In July 1995.

What was the first book sold on Amazon.com?
A: It was Douglas Hofstadter's Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.

In the first two months of business, Amazon sold to all 50 states and how many countries?
A: Over 45.

 Within two months, Amazon's sales were up to how much money per week?
A: $20,000.

 In October 1995, what did the company do?
A: It announced itself to the public.

 

In 1996, it was re-incorporated in what state?
A: Delaware.

On what date did Amazon issue its initial public offering of stock?
A: On May 15, 1997.

At the offering, what was the price?
A: $18 per share.

What symbol did it trade under?
A: The NASDAQ stock exchange symbol AMZN

In 1999, Time magazine named Bezos what?
A: The Person of the Year.

According to sources, Amazon did not expect to make a profit for how long after it started up?
A: Four to five years.

When did the company finally turn its first profit?
A: In the fourth quarter of 2001.

How much profit did it turn?
A:  $5 million (i.e., 1ยข per share), on revenues of more than $1 billion.

This profit margin, though extremely modest, proved what to skeptics?
A: That Bezos' unconventional business model could succeed.