All of the Following Statements About the Environmental Forces That

question 155

Multiple Choice

All of the following statements about the environmental forces that have influenced Facebook are true EXCEPT:

• A)the Federal Trade Commission (FTC)has had 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 fast and convenient.
• C)Google and Facebook are becoming fierce competitors for the role of society's depository of information.
• D)the cost of wireless connectivity,Internet service,and smartphones rapidly declined and made social networking affordable for consumers around the world.
• E)people became increasingly interested in the social aspects of the Internet,sharing more and more information about themselves.

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Definitions:

Variable Costs

Costs that change in proportion to the level of production or sales activity, such as materials and labor directly involved in a company's product.

Fixed Costs

Expenditures that do not vary with the level of activity or production within a short time frame.

Variable Costs

Expenses that change in proportion to the activity of a business, such as raw materials and direct labor costs.

Total Dollar Amount

The complete sum of money involved in a transaction, including all costs and taxes.