Unhappy customers use social media to voice complaints to a larger audience than just the organization

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: For all the benefits they bring to business, social media and other communication technologies have created a major new challenge: responding to online rumors, false information, and attacks on a company's reputation. Customers who believe they have been treated unfairly like these sites and tools because they can use the public exposure as leverage.

Business

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On the date of record for a dividend, the company ________.

A) issues new shares of stock on that date B) disburses dividend payments to stockholders on that date C) records the dividend payable amount on that date D) determines who owns the shares of stock on that date

Business

The following relates to a proposed equipment purchase:    Cost$144,000  Salvage value$4,000  Estimated useful life 4years Annual net cash flows$46,100  Depreciation methodStraight-line The annual average investment amount used to calculate the accounting rate of return is:

A. $37,000 B. $72,000 C. $74,000 D. $48,950 E. $70,000

Business

A customs union consists of a group of states that have reduced or eliminated tariffs among themselves but that maintain their own individual tariffs in dealing with other states

Indicate whether the statement is true or false

Business

ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable cost per unit are tabled here. Determine the process to be selected when the production volume is 6,000 units.


a. Process A
b. Process B
c. Process C
d. cannot be determined

Business