What refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness, including comparison-shopping sites such as Froogle and bank account aggregation services such as Citibank?
A. Reintermediation
B. Cybermediation
C. Disintermediation
D. Intermediaries
Answer: B
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Boston Trombley Company is a defendant in a lawsuit alleging damages of $3 billion. The litigation is anticipated to continue for several years, but no reasonable estimate can be made at this time regarding ultimate financial responsibility. This situation is an example of:
a. An $3 billion expense to be recorded in the income statement during the year of the suit. b. A loss contingency that should be disclosed in the notes to Boston's financial statements. c. An estimated liability that must appear in Boston Trombley Company's balance sheet. d. None of these. No accrual or disclosure is required in Boston's financial statements.
Rosa introduces Sal to her friend Trey as “my associate.” Sal purports to act as Rosa’s agent in a business transaction with Trey. If Rosa is liable for Sal’s actions, it will be because their relationship is
A. a nullified agency. B. an agency by estoppel. C. an agency by operation of law. D. not an agency relationship.
What percentage of U.S. product sales is directly tied to word of mouth activity among friends, family, and colleagues?
A. 67 percent B. 10 percent C. 25 percent D. 50 percent E. 33 percent
__________is the process of identifying and assessing what is being said about a company, individual, product, or brand
Fill in the blanks with correct word.