In the current business environment, firms have learned to be open about products and services with consumers who have endless sources of information, including blogs, chat rooms, and independent websites.

Answer the following statement true (T) or false (F)


True

For competitive reasons, firms have no choice but to be more open about their businesses and products. Even if they wanted to, firms can't stop chat rooms, independent websites, web logs or blogs, and other customer-generated modes of communication from filling web page after web page with information, disinformation, and opinions about a company's products, services, and even company dirty laundry.

Business

You might also like to view...

If a company purchases $3,200 worth of inventory with terms of 2/10, n/30 on March 3 and pays March 12, then the amount paid to the seller would be

a. $3,136 b. $3,150 c. $3,168 d. $3,200

Business

Royer Corporation engaged in this transaction: Converted loans payable to stock. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows

a. Financing activities section b. Schedule of noncash investing and financing transactions c. Investing activities section d. Operating activities section

Business

Constructive eviction occurs when a tenant moves off the premises in retaliation against the landlord.

Answer the following statement true (T) or false (F)

Business

An option box is used to identify actions that relate to one object

Indicate whether the statement is true or false

Business