When Used to Connect with Customers or to Connect Employees

question 2

Multiple Choice

When used to connect with customers or to connect employees with co-workers in other locations, social media ________.

• A) provide a means for customers to order products online
• B) create distractions that can keep employees from being productive
• C) provide information for competitors that give them a competitive advantage
• D) can create a competitive advantage

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Definitions:

Substantial Expense

A significant outlay of money, often categorized as higher than usual costs, that can impact financial positions or budgets.

Consideration

A value promised in exchange for a certain act in a contractual agreement.

Quantum Meruit

A legal principle where a party is compensated with a reasonable sum for goods or services provided, even if no contract exists.

Quantum Valebant

A principle in contract law that allows for the recovery of as much as deserved, or the reasonable value of goods or services rendered when no contract price was established.