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Urban Legends
The concept of "urban legends" (a story that appears mysteriously and spreads spontaneously in various forms and is usually false posted on the Internet) and Internet scams are a real problem for some businesses. Gerber Baby Foods was flooded with 1 million letters and 80,000 phone calls from parents responding to an e-mail about a phony class-action lawsuit. Another urban legend about Costa Rican flesh-eating bacteria that affected banana shipments cost that industry more than $30 million. Procter & Gamble had to deal with claims that its Febreeze product contained Agent Orange, a dangerous chemical. Many companies choose to ignore these myths created by angry customers or rabble-rousers, but experts believe this is the worst possible action to take. Companies should instead do everything possible to reassure its customers.
-Refer to Urban Legends. Email users who received the email about P&G's Febreeze would have used_____ to understand the message.
Adjusted
Modified or changed to correct or alter a previous situation, figure, or account.
Net Operating Income
A measure of a company's profitability, calculated by subtracting operating expenses from operating revenue, excluding taxes and interest.
Raw Materials Account
An account used to track the cost of raw materials not yet used in production in a company's inventory.
Ending Balance
The amount of money remaining in an account at the conclusion of a time period, after all additions and subtractions have been accounted for.
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