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The Foursquare App Makes Use of the Mobile Device's GPS

question 100

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The Foursquare app makes use of the mobile device's GPS system to determine the user's location.Foursquare can use this information to target consumers with timely and relevant promotional messages.This is an example of __________ marketing.


Definitions:

Bonds Payable

Long-term liabilities represented by bonds that a company is obligated to repay at a future date.

Investing Activity

Financial actions related to the purchase and sale of long-term assets and other investments, not including inventory, categorized in the cash flow statement.

Long-Term Investment

An asset or investment held for an extended period, typically exceeding one year, to achieve higher returns.

Indirect Method

A cash flow statement preparation approach that adjusts net income for changes in non-cash accounts to calculate operating cash flow.

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