Advertisers generate a large proportion of Google’s revenues. To what extent is Google managing or ignoring the interests of this important stakeholder group?
What will be an ideal response?
There is no doubt a wide range of technical and commercial interactions between advertisers and
Google that casual users are unaware of. Moreover, by continuing refining its search algorithms and
marketing services more generally, Google tries to enhance the ‘bang for the buck’ that advertisers
receive. So it would be wrong to conclude that it ignores advertisers, but as in the cases referred to in
question 7, it would seem that Google gains little from stressing this stakeholder group in public
statements.
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Answer the following statements true (T) or false (F)
1.When transportation costs are added to our trade model, the degree of specialization in production between two countries increases, as do the gains from trade. 2.In the absence of transportation costs, free trade results in the equalization of the prices of traded goods, as well as resource prices, in the trading nations. 3.In industries where the final product is much less weighty or bulky than the materials from which it is made, firms tend to locate production near resource supplies. 4.Industrial processes that add weight or bulk to a commodity are likely to be located near the resource market to minimize transportation costs. 5.A product will be traded only if the cost of transporting it between nations is less than the pretrade difference between their relative product prices.
Technical skills are a necessary and sufficient condition for hiring an employee.
Answer the following statement true (T) or false (F)
The manager of a restaurant supply company determined prices by adding a standard markup to her costs. What might the manager be missing when it comes to effective pricing decisions?
What will be an ideal response?
Which of the following would be used to record the labor cost that is not traceable to a specific job?
A. Manufacturing Overhead would be debited. B. Raw Materials Inventory would be debited. C. Work in Process Inventory would be debited. D. Manufacturing Overhead would be credited.