Mark Zuckerberg's Biggest Mistake with Facebook Was to

question 115

Multiple Choice

Mark Zuckerberg's biggest mistake with Facebook was to

• A)purchase Instagram when other photo-sharing websites like Snapchat and Flickr have failed.
• B)bet that standalone apps would disappear and users of smartphones would simply surf websites on these devices.
• C)develop an offering similar to Twitter.
• D)compete with YouTube by allowing users to post their own uncensored videos.
• E)pay users "cash rewards" when they click on to view and then "Like" ads to generate revenues.

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Definitions:

Time-Driven

A method or approach that relies on time as the main factor to drive processes, activities, or costing.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.

Unused Capacity

Refers to the part of a company's production capability that is not currently being used for production. It indicates resources that are currently idle and not generating revenue.

Activity-Based Costing

An accounting method that assigns overhead and indirect costs to related products and services based on the activities that generate costs.