Match the Options Below with the Correct Phrase

question 50

Multiple Choice

Match the options below with the correct phrase:
-operating budget

• A)a relationship of two numbers
• B)income - expenses = profit or loss
• C)a budget that always must be justified from "square one"
• D)a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
• E)treats employees as assets
• F)details how each financial responsibility center will manage its cash
• G)provides estimates of revenues and expenses for a given period of time
• H)assets = liabilities + stockholders' equity
• I)each financial responsibility center's financial plan
• J)an organizational unit that contributes costs, revenues, profits, or investments
• K)involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
• L)a feedforward control technique that
• M)a person responsible for planning and overseeing managment of all risks
• N)a disciplined process that focuses on developing near-perfect products
• O)cash flow statement
• P)designed to measure and monitor specific aspects of an organization
• Q)an inventory control system that matches purchasing with need

Differentiate between e-commerce and social commerce.

Identify elements and characteristics of social commerce strategies (such as advocacy, transparency, infectiousness, and reciprocity).

Comprehend consumer decision-making steps in the context of social commerce.

Understand how consumer trust in product reviews is influenced.

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Definitions:

News Media

Organizations that gather, produce, and distribute news to the public through various platforms such as television, newspapers, and the internet.

Sponsorships

Financial or material support provided by a sponsor to an individual, event, or organization, often for promotional purposes.

Media Literacy

The ability to understand and critically analyze the influence of the mass media.

Critically Analyze

To examine something in detail in order to understand its nature or to determine its essential features and their relations.