The fact that consumers tend to trust other consumers over corporations and often rely on the recommendations of friends, family, and fellow consumers when making purchasing decisions has fostered the growth of sites like

A. Pinterest.
B. Yelp.
C. Tumblr.
D. Google+.
E. Reddit.


Answer: B

Business

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The primary disadvantage of product placements within online video games is it will become static and the players will no longer notice it. To combat this problem, a company called Massive developed technology:

A) that allows players to choose the ad they want to see B) that allows players to interact with the ad during the game C) that allows players to use sponsored downloads, such as a particular brand of car in a racing game D) to change ads in the online game in real time as individuals play or each time they play

Business

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

1. Because of radical changes to modern business practice, theoretical perspectives of management provide a historical context but unfortunately do not enhance understanding of the present.  2. Studying theoretical perspectives of management can be a source of new ideas. 3. Shanice recently took a management job in the book publishing industry, which is undergoing dramatic change. She should study theoretical perspectives of management to help her predict some of the probable outcomes of this change and help her decide on potential strategy going forward.  4. Telecommunication company Cisco Systems abandoned its "management councils" experiment, which had replaced a traditional hierarchical structure, because the councils slowed decision making. 

Business

Vertical analysis is a technique that expresses each item in a financial statement

A) in dollars and cents. B) as a percent of the item in the previous year. C) as a percent of a base amount. D) starting with the highest value down to the lowest value.

Business

If a creditor sells repossessed property, any amount remaining after paying the debt must be returned to the debtor

Indicate whether the statement is true or false

Business