Social media and other communication technologies have created a major new challenge:
A) competing in the global marketplace.
B) researching and developing new products and services.
C) communicating up and down the corporate supply chain.
D) attracting and recruiting qualified applicants for employment.
E) responding to online rumors and attacks on a company's reputation.
Answer: E
Explanation: E) Social media and other communication technologies have created a major new challenge: responding to online rumors and attacks on a company's reputation.
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Drop shipping:
A) is equivalent to cross-docking. B) is the opposite of a blanket order. C) means the supplier will ship directly to the end consumer, rather than to the seller. D) is the same thing as keiretsu. E) is a good reason to find a new firm to ship your products.
ABC Company offers a qualified retirement plan. ABC selected a funding instrument with an insurer in which the insurer promised to pay a specified interest rate for a number of years on a lump sum deposit. This funding instrument is called a
A) trust-fund plan. B) group deferred annuity. C) separate investment account. D) guaranteed investment contract.