All of the Following Statements About the Environmental Forces That

question 103

Multiple Choice

All of the following statements about the environmental forces that have influenced Facebook are true except which?

• A) The Federal Trade Commission (FTC) has a laissez-faire policy of not interfering with the development and marketing of Facebook and other social media websites.
• B) Technological advances in data storage, server speed, and software integration have made Facebook increasingly fast and convenient.
• C) Its rivalry with Google, Twitter, and Snapchat and new social networks encourage rapid expansion.
• D) The cost of wireless connectivity and smartphones rapidly declined and Internet access expanded, which increasingly made social networking affordable for more people.
• E) People increasingly look for new ways to communicate, obtain information, and offer opinions.

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Definitions:

Trading Partner

An entity with which a company conducts commerce, involving the exchange of goods, services, or information.

GDP

A measure of the economic performance of a country, reflecting the total value of all goods and services produced over a specific time period, redefining for duplication.

Domestic Production

The output of goods and services produced within a country's borders, reflecting the overall activity of its economy.

Leading Export

Refers to the primary goods or services that a country exports the most, making a significant contribution to its economy.