Fashion Spell, an apparel store, has a page on Facebook through which it interacts with its customers. It encourages customers to post comments about the store and give feedback
It also holds a lucky draw competition every week and the winner receives a gift voucher from Fashion Spell. Given this information, Fashion Spell uses _____ to increase its customer base.
a. social media marketing
b. product adaptation
c. contract manufacturing
d. countertrade
ANSWER: a
Fashion Spell is making use of social media marketing to keep in touch with its customers. Making use of social media sites such as Facebook is an example of social media marketing.
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A gain on the sale of a plant asset should be included in which of the following sections of a statement of cash flows prepared using the direct method?
a. Investing activities b. Operating activities c. Financing activities d. Any of these, if applied consistently from year to year
Tax measures or spending bills in Congress must originate in the _______
Fill in the blanks with correct word
Laura was employed by Style Unlimited a noted fashion house in Toronto as a fashion
stylist. Her contract of employment with the company provided that upon leaving the employment, she is prohibited from opening up a rival business for the next ten years in any part of Canada. Laura has recently moved to Vancouver and plans to open up her own fashion company. Which of the following is correct? A) The restraint will only be enforced if Style Unlimited can prove that Laura received independent legal advice prior to agreeing to it. B) The restraint will be strictly enforceable against Laura unless she can prove that it is not in her best interests. C) A court will likely find the restraint unreasonable D) Laura can be restrained from opening up her own business E) The restraint will not be enforceable against Laura unless Style Unlimited can show that it is in its best interests.