How do marketers best use viral marketing?

A) To increase use of social media networks
B) To identify needs in the international market
C) To promote public relations
D) To improve branding
E) To foster excitement for stimulating sales

Answer: E
Explanation: E) Viral marketing is a form of marketing that relies on social networking and the Internet to spread information like a virus from person to person. The marketing purpose may be to increase brand awareness, to promote new product ideas, or to foster excitement for stimulating sales.

Business

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Indicate whether the statement is true or false

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Under the Affordable Care Act, if a health insurer does not meet the minimum loss ratio requirement, the insurer must

A) pay a fine to the federal government. B) issue rebates to the people the insurer covered. C) not sell any health insurance for a period of one year. D) reduce the premium on the policies it sells the following year.

Business