Blogs,wikis,and Social Networking Sites Were Designed for Individuals to Communicate

question 53

Essay

Blogs,wikis,and social networking sites were designed for individuals to communicate with each other.What uses do businesses have for these tools? Give specific examples.

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Definitions:

Required Rate of Return

The lowest yearly percentage return on an investment that motivates people or businesses to invest in a specific project or financial vehicle.

CCA Class

A grouping in Canadian tax law under the Capital Cost Allowance, determining the rate at which assets can be depreciated for tax purposes.

Discount Rate

The interest rate used to discount future cash flows to their present value, significant in determining the attractiveness of an investment.

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary based on income level, type of income, and other factors.