To Be Successful in the Use of Social Media,a Firm

question 57

Multiple Choice

To be successful in the use of social media,a firm must be ________.

• A)creative
• B)strategic
• C)flexible
• D)daring
• E)open-minded

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Definitions:

Stabilization

is the process of maintaining or bringing an economic system to a state of balance and reducing volatility.

Excise Tax

A tax imposed on specific goods, services, and activities, such as gasoline, alcohol, and tobacco, often included in the purchase price, used by governments to generate revenue or discourage consumption.

Regressive

A term especially used in taxation to describe a situation where the tax rate decreases as the amount subject to taxation increases.

Progressive

A political and social philosophy advocating for reforms and changes that aim to address inequality and improve the social welfare of the population.