Which of the Following Statements Is True About Social Media

question 147

Multiple Choice

Which of the following statements is true about social media as a marketing tool?

• A)Social media is a clumsy way to collect consumer research.
• B)Social media is a relatively inexpensive way to collect market research.
• C)Social media is a challenging tool to engage with customers.
• D)Social media usage is declining.
• E)Social media cannot be employed by government organizations, and non-profit organizations.

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows, given a particular rate of discount.

Sinking Fund

A fund established by a government or corporation for the purpose of reducing debt by repurchasing bonds or shares.

Maturity

The date on which a debt instrument (such as a bond) is due to be repaid in full.

EAR

The Effective Annual Rate; a measure of the annual return on an investment or loan that takes into account the effect of compounding interest.