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Toys 'R' Us
Retailers are using social media in unprecedented levels.In 2011,more than 90% of all U.S.retailers were using social media.That's a monumental increase given the fact that only 4% used it in 2007.About 70% are on Facebook and MySpace,and more than half use Twitter.Toys 'R' Us is one of those retailers.The retailer has enlisted basketball superstar Shaquille O'Neal in a "Join Shaq Give Back" promotion in which $1 is donated to a charity for every new Facebook fan.Shaq tweets about his "Shaq-a-Claus" challenge to his 4.3 million followers.The Facebook site also focuses on parents with the song "I don't want to grow up."
-Refer to Toys 'R' Us.By donating $1 to charity for every new Facebook fan,Toys 'R' Us is using:
Contractual Liability
Liability that arises from entering into a contract, where one party may be obligated to compensate another party for the failure to perform as specified in the contract.
Unidentified Principal
A party in a transaction whose identity is not known to the other party, often in agent-principal relationships.
Disclosed Principal
A disclosed principal is a party whose identity is known by all involved parties at the time a transaction is entered into with an agent.
Undisclosed Principal
is a party in a contractual agreement whose existence and identity are not revealed to the third party at the time of contract formation, often in agency relationships.
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