Because of the Information Technology Revolution, Few Major Companies Today

question 68

True/False

Because of the information technology revolution, few major companies today use ad agencies to develop advertising campaigns.

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Definitions:

Common Stock

Common stock represents units of ownership interest or equity in a corporation and usually comes with voting rights to elect the board of directors.

Income Statement

A financial report that shows the company’s revenues and expenses over a specific period, resulting in net profit or loss.

August 31

A specific calendar date, often marking the end of a month or a deadline for certain financial or administrative tasks.

Net Income

The profit a company holds onto after subtracting expenses and taxes from its accumulated revenues.