“Digital technologies that allow people to connect, interact, produce and share content” is the definition of which of the following?

A. memes
B. reinvention
C. relative advantage
D. social media


D. social media

Business

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Product-mix pricing can involve a number of pricing strategies for the brand manager. List each of these strategies and briefly define each

What will be an ideal response?

Business

Customers that have no relevant prior experience with a firm may base pre-purchase expectations on word-of-mouth comments, news stories, or the firm's own marketing efforts

Indicate whether the statement is true or false

Business

Which of the following is used in case of a breach of contract that cannot be adequately compensated through a legal remedy?

A) mitigation of damages B) liquidation of damages C) equitable remedies D) tort remedies

Business

A nationwide parcel delivery service keeps track of the number of late deliveries (more than 30 minutes past the time promised to clients) per day. They plan on using a control chart to plot their results

Which type of control chart(s) would you recommend? A) both x-bar chart and R-chart B) p-chart C) c-chart D) x-bar chart E) both p-chart and c-chart

Business