Discuss the advantages and challenges of social media marketing.
What will be an ideal response?
Answer: The main advantage of social media marketing is cost-related. The majority of social media sites are free to access. Updating your social media accounts takes time and effort. A senior person with knowledge about the company and products should handle your social media presence, and the cost in time means the media is not completely free
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Treating research and development costs as an expense rather than a long-term asset may reduce a manager's inclination to participate in research and development activities.
Answer the following statement true (T) or false (F)
What is the main reason that change management programs often fail?
a. Despite a shared awareness of the change vision, no one wants to change their routine b. There is confusion about why change is needed and what needs to change c. Employees hear too much information about the change and get bored d. The change program isn’t right for the organization
To be a close corporation, the business must be small, with no more than 20 owners and no more than $500,000 in gross annual income
a. True b. False Indicate whether the statement is true or false
In a business process, a(n) ________ is defined as a collection of activities.
A. activity B. repository C. data flow D. control flow E. role