Scenario 14-1 When the Social Networking/gaming Website, Foursquare, Was Launched in 2009

question 127

Multiple Choice

Scenario 14-1
When the social networking/gaming website, Foursquare, was launched in 2009, it was only accessible to residents in 100 U.S. cities. One year later, an updated version of the service allowed check-ins from locations all over the world, and has over 500,000 users internationally. The site which allows registered users to connect with friends and update their location receives over one million check-ins per week. When users visit a particular store their profile is automatically updated, and they can share their feelings about their experiences. The site now holds partnerships with over 800 establishments worldwide, and high-profile partnerships with the Bravo Network and The New York Times have greatly increased the site's popularity. 
-(Scenario 14-1) One way to find a site and related businesses is to go to Bing and look at the list under social networking sites.Technically,Bing is a(n) : 

• A) analytical software system that allows e-commerce. 
• B) mash-up that features multiple widgets. 
• C) portal with search engine technology. 
• D) website that acts as a corporate/brand home page.

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Definitions:

Direct Labor-Hours

The number of hours worked by employees directly involved in the production process.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual products or job orders, based on estimated costs.

Machine-Hours

An indicator of the duration a machine is in use over a specific timeframe.

Selling Price

The amount of money for which a product or service is sold to the customer.