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What is the response for statement

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Point 1: Market cap refers to the total value of all company's shares of stock (Fidelity, 2017 ). The market cap is used to measure that a company is worth on the open market and the market's perception of the future prospects. This reflects what the investors are willing to pay for its stocks. This is calculated by multiplying the price of a stock by its total number of outstanding shares.

Point 2: Amazon market cap is 995.91 billion according to Yahoo finance, Facebook's market cap has been recorded as 575.797 billion as of January 31,2020 and Walmart's market cap is 324.829 million. After scrubbing the numbers from the latest market cap Amazon has the highest market capital to date (Yahoofinance.com, 2020). My substantiated opinion of which corporation has the best potential for growth in electronic commerce and global market would be amazon. Amazon currently provides the consumer with its online shopping methods. Shoppers can purchase a merchandise with one click of the mouse and subscribe to monthly subscriptions. This option alone guarantees that amazon is light years ahead in global markets ans electronic commerce.

Question 1: What is the response for statement above??

Reference no: EM132483277

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