Which Social Networking Site Focuses More on Business Networking Than

question 13

Multiple Choice

Which social networking site focuses more on business networking than social networks?

• A) Twitter
• B) MySpace
• C) Facebook
• D) LinkedIn

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Definitions:

Efficient Scale

The level of production at which a company can produce its goods or services at the lowest average cost per unit, achieving economies of scale.

Efficient Scale

The level of production that minimizes the average total cost of producing a good or service.

Positive Profit

Earnings that exceed the total costs and expenses associated with producing or providing a service or product.

Maximum Profit

The highest possible financial gain that a firm can achieve in a given period, determined by optimizing production and sales while minimizing costs.