Which of the following theories suggests that media provide information from sources that would otherwise not be available through interpersonal networks?
A. Diffusion theory D. Agenda-setting theory
B. Hypodermic needle theory E. Situational theory of publics
C. Opinion formation theory
A
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An expense that has been incurred but not yet paid is called a(n) ________
A) accrued revenue B) deferred expense C) deferred revenue D) accrued expense
Data concerning Neuner Corporation's single product appear below: Per UnitPercent of SalesSelling price$220 100%Variable expenses 88 40%Contribution margin$132 60%Fixed expenses are $425,000 per month. The company is currently selling 4,000 units per month.Required:The marketing manager would like to cut the selling price by $11 and increase the advertising budget by $23,700 per month. The marketing manager predicts that these two changes would increase monthly sales by 400 units. What should be the overall effect on the company's monthly net operating income of this change?
What will be an ideal response?
Ann Co. uses the dollar-value LIFO retail method. The beginning inventory, purchased when the price index was 100, had a retail value of $4,000 and a cost of $3,600. During the period, purchases amounted to $60,000 at retail ($52,800 at cost). Sales amounted to $56,300. The year-end price index was 110. What is the cost of ending inventory?
A. $6,240 B. $6,504 C. $6,570 D. $6,900
The call price of a security generally exceeds the security's par value by an amount equal to ________.
A) one year's stated interest B) the straight bond value C) the market value of one share of common stock D) the market premium