Which of the Following Is the Best Example of a Consumer

question 49

Multiple Choice

Which of the following is the best example of a consumer using social media to share product- or service-related information?

• A) Kent posts a selfie showing off his new car on Instagram.
• B) On Snapchat, Addison asks her friends if anyone knows of a reliable used car dealership.
• C) Rajesh responds to a friend-of-a-friend's Facebook post offering a 1965 Ford Mustang for $7,500.
• D) Raymond tweets about a massive airbag recall affecting many Honda makes and models.

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Definitions:

ERP System

Enterprise Resource Planning system, a software platform used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.

FAIS

The Financial Advisory and Intermediary Services Act, a regulation aiming to protect consumers by regulating financial service providers in certain jurisdictions.

Lack of Communication

A situation where insufficient or ineffective exchange of information leads to misunderstandings or conflicts.

Acquire Goods

The process of obtaining physical or digital products through purchase, lease, or barter to support an organization's operations or inventory.