Social Networking Technologies Can Help a Company Create Virtual Communities

question 93

Multiple Choice

Social networking technologies can help a company create virtual communities of practice that

• A)allow employees to develop new workplace skills.
• B)encourage disgruntled employees t their frustrations.
• C)discourage socializing so that individual employees can get their work done.
• D)link employees to others with similar professional interests throughout the organization.

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Definitions:

Variable Production Costs

Variable production costs refer to expenses that change in direct proportion to the volume of production, such as raw materials and labor costs.

Sales Commissions

Payments made to sales personnel based on the sales volume or value they have achieved.

Opportunity Cost

The potential benefit that is given up when one alternative is selected over another.

Variable Selling

Variable selling costs are expenses that fluctuate with sales volume, such as commissions and credit card fees, which increase as sales increase.