Daily News Article - November 18, 2020
1. The first paragraph of a news article should answer the questions who, what, where and when. (In this article, 1st and 2nd paragraphs). List the who, what, where and when of this news item. (NOTE: The remainder of a news article provides details on the why and/or how.)
2. What effect did Amazon’s announcement have on pharmacy stocks?
3. What services will Amazon Pharmacy offer?
4. What benefits will customers without insurance receive from Amazon Pharmacy, according to the company?
5. Amazon’s original prescription venture was the purchase of PillPack. Why will PillPack remain a separate business?
6. Watch VIDEO #1 under “Resources” below.
a) Investor John Ransom says that the big problem for retail pharmacies is not that Amazon is going to offer big discounts to people without insurance. Why isn’t that a concern?
b) What does Mr. Ransom say is the big question?
7. Watch VIDEO #2 under “Resources” below.
Based on this video, why won’t Amazon drive chain store pharmacies out of business? Explain your answer.
8. a) Do you support Amazon’s Pharmacy launch? Explain your answer.
b) What is your view of Amazon being your bookstore, electronics store, grocery store, cloths store, pharmacy and perhaps someday your TeleHealth doctor - at the potential expense of many businesses? Explain your answer.