All of the Following Statements About the Environmental Forces That

question 94

Multiple Choice

All of the following statements about the environmental forces that have influenced Facebook are true except which?

• A)The Federal Trade Commission (FTC)has a laissez-faire policy of not interfering with the development and marketing of Facebook and other social media websites.
• B)Technological advances in data storage,server speed,and software integration have made Facebook increasingly fast and convenient.
• C)Its rivalry with Google,Twitter,Snapchat,and new social networks encourages rapid expansion.
• D)The cost of wireless connectivity and smartphones rapidly declined,and Internet access expanded,which increasingly made social networking affordable for more people.
• E)People increasingly look for new ways to communicate,obtain information,and offer opinions.

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in a company, calculated as total assets minus total liabilities.

Cash Dividend

A payment made by a company out of its earnings to shareholders, usually in cash.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing shareholders' ownership.

Earnings

The amount by which revenues exceed expenses.