What is geofencing? Provide an example

What will be an ideal response?


The idea of geofencing is to target customers with a mobile promotion when they are within a defined geographical space, typically near or in a store. The local-based service requires just an app and GPS coordinates, but consumers have to opt in. Cosmetics retailer Kiehl's uses geofencing around its free-standing stores and kiosks within other stores. Students may know other examples.

Business

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Probably the most important indicator of an organization's financial health is the net cash flow from operating activities

a. True b. False Indicate whether the statement is true or false

Business

A television station donates a commercial to announce a local blood drive. This is called:

a. joint advertising b. public service advertising c. sales promotion d. publicity e. personal marketing

Business

For each, make the appropriate match.

1. Mediation 2. Fact-finding 3. Whole package arbitration 4. Conventional arbitration 5. Issue-by-issue, final offer arbitration a. A dispute resolution process in which a neutral third party examines the final offers of each party and then creates a new contract which may or may not reflect the parties' positions on each issue b. A dispute resolution process in which a neutral third party examines the final offers of each party and then chooses the one that seems, overall, to be the most reasonable and responsible settlement. c. A dispute resolution process in which a neutral third party assists the parties in reaching a mutually-acceptable resolution. d. A dispute resolution process in which a neutral third party investigates the claims and positions of each party and provides a public assessment of the situation. e. A dispute resolution process in which a neutral third party examines the final offers of each party and then designs a contract by choosing either the union or management's offer on each issue.

Business

Groups that are very cohesive can sometimes develop a condition known as ____.

A. grouplock B. groupstrain C. groupthink D. groupbrain

Business