Blogs, wikis, and social networking sites were designed for individuals to communicate with each other. What uses do businesses have for these tools? Give specific examples

What will be an ideal response?


Businesses can use these tools to reach out and market to potential new customers. For example, many businesses have Facebook sites to market their product to specific groups on Facebook. They can use these tools to support and give added value to existing customers. For example, a software company could have a blog that discusses in-depth use of a software product. Businesses can also use these tools within their company to communicate between departments and share knowledge. For example, a company wiki could be set up as a repository of expert information.

Business

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A(n) ______________________________ offers a traditional outsourcing mechanism whereby it hosts, manages, and provides access to application software and hardware over the Internet to multiple customers

Fill in the blank(s) with correct word

Business

When formatting for mobile devices, which of the following will aid the reading in identifying key points in the communication?

A) Italics B) Larger fonts C) Blank lines D) Vertical layout E) Embedded links

Business

According to IRS guidelines, companies may use FIFO for financial reporting and LIFO for tax reporting.

Answer the following statement true (T) or false (F)

Business

The optimal distribution policy strikes that balance between current dividends and capital gains that maximizes the firm's stock price.

Answer the following statement true (T) or false (F)

Business