Mike Has a Small Pizza Place in Vaughan

question 55

Multiple Choice

Mike has a small pizza place in Vaughan.He spent $500 last year on search engine marketing so that people in the neighbourhood see his ad when the search for pizza or food.He believes his SEM generates extra $1,500 sales revenue last year.What would be the ROI in this example?

• A)2%
• B)200%
• C)1.5%
• D)150%
• E)100%

Recognize the significance of content curation and secondary content in social media.

Understand various characteristics of fandom and identify examples in media.

Comprehend the role and impact of advertisements in social media contexts.

Discern the relationship between brand engagement strategies and consumer interaction within social media.

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Definitions:

Money Claims

Money claims involve legal actions taken to recover debts or money owed from a person, company, or entity.

Entities

Organizations or businesses that exist as distinct legal, financial, and operational units for accounting purposes.

Receivables

Money owed to a company by its customers or other parties for goods or services that have been delivered but not yet paid for.

Older Accounts

Refers to accounts receivable that have been outstanding for a longer period, often categorized by how long they have been unpaid (e.g., 30 days, 60 days).