Instant Messaging and Text Messaging Are Advantageous for All of the Following

question 76

Multiple Choice

Instant messaging and text messaging are advantageous for all of the following reasons except

• A)guaranteed privacy.
• B)low cost.
• C)immediacy.
• D)speed.

Recognize the importance of relationship management and its focus on long-term customer engagement.

Grasp the concept and significance of consumer orientation in product development.

Analyze workforce demographics and trends.

Identify the reasons and benefits of outsourcing.

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Definitions:

Investment Center

A segment or area of a business responsible for its own revenues, expenses, and investment in assets.

Controllable Margin

The portion of profit or income that can be directly influenced by managing decisions, excluding fixed costs and other unchangeable expenses.

Operating Assets

Assets that are used in the day-to-day operations of a business to generate revenue, such as equipment, inventory, and property.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit earned on the investment by the cost of the investment.