Explain each of the following specialized types of corporations: a. Professional b. Public c. Nonprofit
a. Allows duly licensed individuals to practice their professions within the corporate form. Used by doctors, dentists, lawyers, and accountants or other duly licensed individuals and formed much the same as ordinary business corporations.
b. Formed to administer a unit of local government (cities, towns) and government organizations to conduct public business (TVA, FDIC). Usually created by specific legislation. Many also called municipal corporations.
c. Usually private corporations; operate for charitable, educational, or scientific purposes; dividends not paid to members, directors, or officers; follow special corporation statutes (state); individual members not personally liable.
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To exploit the power of social media, marketers need to create tangible value for consumers, which can come from all of the following EXCEPT ________
A) discounts B) coupons C) information D) solicitations E) special offers
The normal distribution curve is ______.
A. skewed to the left of the mean B. skewed to the right of the mean C. symmetrical about the mean D. linear
All of the following are ways listed in your text that customers engage with brands via social media except
A. consumers sharing brand information. B. consumers acting as brand advocates. C. consumers using search engines to find a product. D. consumers seeking contact with customer service. E. consumers seeking discounts.
Culture refers to the characteristic behavior of people in a country or region.
Answer the following statement true (T) or false (F)