Identify three reasons social media are rarely the only source of communications for a brand
What will be an ideal response?
Student answers will vary. Here are five possible reasons social media are rarely the only source of communications for a brand:
• Social media may not be as effective in attracting new users and driving brand penetration.
• Research by DDB suggests that brands and products vary widely in how social they are online. Consumers are most likely to engage with media, charities, and fashion and least likely to engage with consumer goods.
• Although consumers may use social media to get useful information or deals and promotions or to enjoy interesting or entertaining brand-created content, a much smaller percentage want to use social media to engage in two-way "conversations" with brands.
• Technology limitations may affect the ability to execute a high quality experience. The Facebook app for contest submissions crashed the first day due to high traffic.
• The Internet permits scrutiny, criticism, and even "cheap shots" from consumers and organizations.
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Which of the following is necessary for any valid performance measurement?
a. It must be a part of the financial accounting system in use. b. It must be quantifiable. c. It must be financial in nature. d. Goal congruence must be promoted by its use.
In the OE/S process, the one input that creates the six outputs of general ledger inventory sales update, sales order notification, bill of lading, completed packing slip, shipping's billing notification, and customer acknowledgment is the ______________________________. ?
Fill in the blank(s) with the appropriate word(s).
A farmer sows a certain crop. It costs $240,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it will cost $93,200 to harvest the crop. If the crop will be worth $350,000, and the interest rate is 7%,
what is the net present value (NPV) of this investment? A) $240,000 B) $87,103 C) $0 D) $567,103
Normally a ________ card is linked to a checking account, but it can be linked to a savings account or money market account as well.
A) investment B) credit C) debit D) saving E) None of the answers are correct