What ranking did Amazon.com achieve on the Fortune 500 list?

Study for the POB Business Test. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Amazon.com achieved 56th place on the Fortune 500 list, which is a prestigious ranking that reflects the largest U.S. companies in terms of revenue. Being ranked at 56th indicates that Amazon has significantly high sales figures and operates on a large scale compared to other major corporations. This ranking is a testament to Amazon's business success and its expansive influence in various sectors, including e-commerce, cloud computing, and digital streaming. The position on the list not only highlights the company's financial performance but also its ability to innovate and adapt in a competitive market. This achievement serves as an indicator of Amazon's role as a leader in technology and retail, demonstrating its substantial impact on the economy and consumer habits.

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