Which of the following is true of social media?

a. It cannot be compared to traditional advertising in any meaningful way.
b. It offers a mass-media method of interacting with customers.
c. It has less sophisticated ways of measuring how marketers meet and interact with consumers than traditional advertising.
d. It offers more one-to-one ways to meet consumers than traditional marketing media.

ANSWER: d

In many ways, social media can be defined relative to traditional advertising. For example, while traditional marketing media offers a mass-media method of interacting with consumers, social media offers more one-to-one ways to meet consumers.

Business

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At a firm's quarterly dividend meeting held on December 5, the directors declared a $1.50 per share cash dividend to be paid to the holders of record on Monday, January 1

Before the dividend was declared, the firm's accumulated retained earnings balance and cash balance were $1,280,000 and $30,000 respectively. The firm has 10,000 shares of common stock outstanding. On January 2, the cash, dividends payable, and retained earnings accounts had balances of ________. A) $15,000, $0, and $1,265,000, respectively B) $30,000, $15,000, and $1,280,000, respectively C) $30,000, $0, and $1,265,000, respectively D) $15,000, $0, and $1,280,000, respectively

Business

What is "social loafing" and when does it occur?

What will be an ideal response?

Business