A group of social network users that share an attachment to a specific product is called a(n) ________.

A. brand community
B. avatar
C. virtual world
D. groundswell
E. Internet of Things


Answer: A

Business

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Which statement below does not relate to programmed decisions?

a. Recurring b. Familiar c. Automatic response d. Atypical

Business

There are only three major recording labels in the world - Sony Music Entertainment, Time-Warner's Warner Music Group, and GE's Universal Music Group. They are responsible for the vast majority of music recordings that are made. Harry says that these three music companies operate as an oligopoly. Maryanne says that they operate as monopolistic competition. Explain how each came to his or her conclusion. Who is correct?

What will be an ideal response?

Business

Reichert Company manufactures ceiling fans and uses an activity-based costing system

Each ceiling fan has 20 separate parts. The direct materials cost is $95, and each ceiling fan requires 3.00 hours of machine time to manufacture. Additional information is as follows: Activity Allocation Base Predetermined Overhead Allocation Rate Materials handling Number of parts $ 0.05 Machining Machine hours 6.00 Assembling Number of parts 0.40 Packaging Number of finished units 2.10 What is the cost of machining per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.) A) $18.00 B) $95.00 C) $120.00 D) $199.50

Business

The quality strategy is formulated at the ________ management level and is diffused throughout the ________.

A. middle; low-level management B. lowest; organization C. top; middle-level management D. top; organization

Business