Which of the following will help an organization generate goodwill through their social media communication?
A) Allowing a brand community to discuss problems online so as to be able to track public opinion
B) Providing information on new products and services on a daily basis
C) By limiting the number of links, allowing the organization to keep the user on the site longer
D) To teach followers technical information and terms relevant to the organization
E) Providing quick responses to questions and concerns
Answer: E
Explanation: E) Companies also generate goodwill through their social media communication by providing quick responses to questions and concerns, providing useful information that audiences want and need, and by building a positive, online community.
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Altonvista Inc., a company based in California, is sued by a plaintiff from the state of Texas. Which of the following statements is true in this scenario?
A. The case must be heard in the California federal court, as this is a subject matter in which federal courts have exclusive jurisdiction. B. If the plaintiff chooses to bring the case to the California federal court, it would stay in the federal court. C. If the plaintiff decides to bring the case to the California federal court, Altonvista Inc. can have the case moved to a California state court. D. The case can only be heard in a California state court, as the matter is not subject to federal jurisdiction.
A company's month-end adjusting entry for Insurance Expense is $1,000. If this entry is not made then expenses are understated by $1,000 and net income is overstated by $1,000.
Answer the following statement true (T) or false (F)
Net realizable value can be defined as
a. selling price. b. selling price less costs to complete and sell. c. selling price plus costs to complete and sell. d. acquisition cost plus costs to complete and sell.
An exchange between parties of oral or written promises that are enforceable in a court of law is a(n) ________
A) implied contract B) exchange contract C) express contract D) quasi-contract