General Social Networking Sites

question 145

Multiple Choice

General social networking sites:

• A)focus on a specific interest, hobby, or demographic group.
• B)are broadly based and are designed to appeal to all demographics.
• C)focus on developing business relationships.
• D)allow individuals to share bookmarks of websites.

---

Definitions:

Expected Profit

The anticipated monetary gain from business activities, calculated by multiplying the probability of various outcomes by their respective profits and summing the results.

Expected Understock

Anticipated situations where inventory levels are not sufficient to meet customer demand.

Trade-Offs

Situations requiring a choice between options that have different advantages and disadvantages, involving compromises.

Optimal Order

The most efficient or cost-effective quantity of goods to order, taking into account factors such as demand, holding costs, and ordering costs.