Having completely reshaped the retail industry, Amazon’s recent decision to enter grocery business through its acquisition of Whole Foods likely represents a for Publix, Kroger, Wal-Mart and other competitors in the grocery industry.

a. sustainable competitive advantage
b. threat of new entry
c. strategic inflection point
d. SMART objective
e. BHAG

c. Strategic inflection point

Explanation: Since change is constant and inevitable, the strategic inflection explains the time period that the need for actions that are necessary to convert the threats of change into opportunities by businesses. It could also signal the start of an end too. A strategic inflection point is a point in time when an organization must respond to disruptive change in the business environment effectively or face deterioration and often marks the start of a significant change.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23