Social Networking Is an Integral Part of Which of the Following

question 129

Multiple Choice

Social networking is an integral part of which of the following?

• A) the triple-bottom-line orientation
• B) lifetime value of a customer
• C) the value chain
• D) Web 2.0
• E) Web 1.0

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Definitions:

Diseconomies of Scale

A situation in which a company or business grows so large that the costs per unit increase.

Long-run ATC

Long-run Average Total Cost refers to the per-unit cost of production in the long term where all inputs are considered variable.

Rate of Return

The rise or fall in an investment's worth over a designated period, articulated as a percentage of the cost of the investment.

Natural Monopolies

Natural monopolies occur in industries where the costs of production are lowest when a single firm supplies all the output, such as utilities companies.