Blogs, wikis, and social networking sites were designed for individuals to communicate with each other. What uses do businesses have for these tools? Give specific examples
What will be an ideal response?
Businesses can use these tools to reach out and market to potential new customers. For example, many businesses have Facebook sites to market their product to specific groups on Facebook. They can use these tools to support and give added value to existing customers. For example, a software company could have a blog that discusses in-depth use of a software product. Businesses can also use these tools within their company to communicate between departments and share knowledge. For example, a company wiki could be set up as a repository of expert information.
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A broker listed a property for $175,000 with instructions that seller wanted at least $5,000 earnest money. The broker produced a buyer who offered the full listed price and included $3,000 earnest money check. If the seller did not accept the offer, would the broker be due a commission?
A. Yes, the broker produced a buyer at the full listed price. B. Yes, earnest money is not required in a real estate contract. C. No, the broker did not produce a buyer that fulfilled the terms of the listing agreement. D. No, the earnest money must be paid in cash.
If the price/unit were doubled at the same time that the variable cost/unit doubled, the break-even point would be
A) unaffected. B) doubled. C) halved. D) increased by a factor of four. E) None of the above