What Is One of the Most Recent Developments on the Social

question 48

Multiple Choice

What is one of the most recent developments on the social media scene?

• A)It will soon be possible to repost another user's message on Twitter.
• B)Organizations will be able to host virtual networking events and "meet and greets" in the virtual world.
• C)Searches on Bing will feature a Facebook module that shows you what your friends have liked as it relates to the search.
• D)Marketers will be able to send short,160-character text messages to your cell phone.
• E) YouTube users will not only be able to watch videos,but also be able to upload their own videos to the site.

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Definitions:

Price Volatile

Referring to how quickly and to what extent the price of a commodity or asset can change within a short period of time.

Elastic

Describes a situation in economics where the demand or supply of a good or service is sensitive to changes in price.

Necessity

An indispensable requirement or need for something; often something that is essential for survival or to carry out a specific task.

Luxury Good

A product or service that is considered to be of high quality and high price, often seen as a status symbol.