The advent of social media as a communication tool for marketers has made companies
A. abandon other sources of customer communication.
B. proactive in their communication approach.
C. hesitant about communicating on that platform.
D. reactive in their communications approach.
E. less willing to communicate with their customers.
Answer: B
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The market in which banks with excess reserves lend them to banks that desire additional reserves is known as the ________ market.
A. capital reserves B. excess reserves C. federal funds D. excess funds
According to Hamel and Prahalad, which of the following approaches is being utilized by a company that gains access to the know-how developed by other companies through licensing agreements, joint ventures, or partnerships?
A) collaborating B) searching for loose bricks C) building layers of advantage D) changing the rules of engagement
What percentage of our everyday talk tends to simply tell others of our thoughts and feelings?
A. 40 B. 50 C. 25 D. 60
Carolina Hills Manufacturing has two processing departments, Department I and Department II. During the year, direct materials were assigned to the two production departments: $280,000 to Department I and $300,000 to Department II. During the period, $8,000 of indirect materials were used in production.
Provide the journal entry to record this transaction. Process costing is used.