What Advantages Does Instant Messaging Have Over Phone and Conference

question 96

Multiple Choice

What advantages does instant messaging have over phone and conference calls?

• A) It is more informal than phone calls and saves time by reducing social courtesies during interactions.
• B) It offers users a greater sense of telepresence than the phone or conference calls do.
• C) It is more personal than phone calls and conference calls and offers greater media richness.
• D) It is a collaborative technology that allows a number of people to participate at the same time.

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Definitions:

Wage Rate

The wage rate is the amount of compensation a worker receives per unit of time worked, often expressed per hour or per year.

Marginal Revenue Product

The extra revenue generated by employing one additional unit of a resource, such as labor or capital.

Diminishing Marginal Returns

A principle stating that after an optimal point, further increases in one input while holding others constant will result in smaller and smaller gains in output.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a variable input.