Businesses need to understand reward system opportunities if they want to encourage users to create and disseminate content about the business
Indicate whether the statement is true or false
TRUE
You might also like to view...
Which of the following is a characteristic of services?
A) low barriers to entry B) high switching costs C) low rivalry D) reduced competition
Which company launched Eco-Fina packaging for its water?
A) PepsiCo B) Coca-Cola C) SodaStream D) PURE E) Sigg Switzerland
Which of the following is a step-by-step procedure used to discover original ideas and reorganize existing concepts in new ways?
A. ideation methodology B. innovative promotional process C. intuitive procedure D. creative aggregation E. creative process
A company reported net income for Year 1 of $98,000 and $106,000 for Year 2. It also reported net sales of $835,000 in Year 1 and $918,000 in Year 2. The company's average total assets in Year 1 were $1,850,000 and $1,720,000 in Year 2. Calculate the company's profit margin, total asset turnover and return on total assets for Year 1 and Year 2. Comment on the results.
What will be an ideal response?