Reference no: EM132171977
1. Identify the issue of the following argument: “When the cost of internet phones starts to rise, producers usually begin to increase their supply. Thus, we can expect that phone makers will begin increasing their supply in the next month or two given that the cost of internet phones has been steadily increasing.
Whether producers start to increase their supply
Whether the cost of internet phones starts to rise
Whether phone makers will begin to increase their supply in the next month or two
There is no issue
2. Although different search engines started out with different keyword auction approaches, they have converged to a common system where two factors are used to determine an ad’s positioning on a page. These two factors are:
A. brand score and cost-per-click bid
B. brand score and impressions bid
C. brand score and competitive bid
D. quality score and cost-per-click bid
E. quality score and impressions bid
3. For companies, the importance of social media is summed up by Intuit cofounder Scott Cook: “A brand is no longer what we tell the consumer it is—it is what consumers tell each other it is.” For example, PatientsLikeMe provides a platform for patients, typically those undergoing significant medical treatments such as organ transplants or those suffering from chronic diseases such as ALS or multiple sclerosis (MS), to share personal experiences with the disease and hear from others with the same condition. This is an example of how managers use social media to engage with consumers by:
A. listening to social conversations
B. participating in social discussions
C. amplifying messages
D. investing in marketing messages
E. creating advocates