On 8 May 1902,a Massive Eruption of This Volcano Killed

question 16

Multiple Choice

On 8 May 1902,a massive eruption of this volcano killed 30,000 people in the town of St.Pierre.The volcano was _______________________.

• A)Mont Pelée,Martinique
• B)Vesuvius,Italy
• C)Krakatau,Indonesia
• D)Mt.St.Helens,Washington
• E)Nevado Del Ruiz,Colombia

Acknowledge the role of social network sites (SNS) in creating user interactions and communities.

Understand the concept and impact of word-of-mouth (WOM) in market dynamics.

Learn the three key factors that contribute to the tipping point of a trend according to Malcolm Gladwell.

Identify various forms of brand exposure through social sharing and personal influence.

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Definitions:

Dumping Activities

Practices where a country or company exports a product at a price lower than the price it normally charges in its own home market, often considered unfair competition.

Trade Surplus

A situation where the value of a country's exports exceeds the value of its imports over a specific period, indicating a positive balance of trade.

Subsidy

Financial assistance granted by the government or a public body to support businesses, reduce costs, and encourage economic activities.

Domestic Firms

Companies that operate primarily within the country of their incorporation, focusing on serving the local market.