In the present world, the news media has entered the online version through social media. Rather than any other media, people use more of social media for news. One study indicated that 60% of people use Company F and 20% of people use Company T to know the news. The rapid growth in Company T is due to its short tweets and spreading the information quickly. Company T has found a new way to make money by advertising and hiring journalists to produce and accomplish the content. This Company is moving ahead from the media platform to the media entity. Earlier, Company T was in partnership with the traditional media but now this Company is into the digital media business. Characters in case: Company F Company T To discuss: The manner in which Company T makes money by creating advertisements and list a few companies that are using Company T as a promotional tool. Introduction: Offering easy transfer of electronic communication to users for the purpose of sharing information and ideas is known as social media .

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Answer 1

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Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 12, Problem 12.8MA

Summary Introduction

Case summary:

In the present world, the news media has entered the online version through social media. Rather than any other media, people use more of social media for news. One study indicated that 60% of people use Company F and 20% of people use Company T to know the news. The rapid growth in Company T is due to its short tweets and spreading the information quickly.

Company T has found a new way to make money by advertising and hiring journalists to produce and accomplish the content. This Company is moving ahead from the media platform to the media entity. Earlier, Company T was in partnership with the traditional media but now this Company is into the digital media business.

Characters in case:

Company F

Company T

To discuss: The manner in which Company T makes money by creating advertisements and list a few companies that are using Company T as a promotional tool.

Introduction:

Offering easy transfer of electronic communication to users for the purpose of sharing information and ideas is known as social media.

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Answer 2

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 12, Problem 12.8MA

Summary Introduction

Case summary:

In the present world, the news media has entered the online version through social media. Rather than any other media, people use more of social media for news. One study indicated that 60% of people use Company F and 20% of people use Company T to know the news. The rapid growth in Company T is due to its short tweets and spreading the information quickly.

Company T has found a new way to make money by advertising and hiring journalists to produce and accomplish the content. This Company is moving ahead from the media platform to the media entity. Earlier, Company T was in partnership with the traditional media but now this Company is into the digital media business.

Characters in case:

Company F

Company T

To discuss: The manner in which Company T makes money by creating advertisements and list a few companies that are using Company T as a promotional tool.

Introduction:

Offering easy transfer of electronic communication to users for the purpose of sharing information and ideas is known as social media.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 12, Problem 12.8MA

Summary Introduction

Case summary:

In the present world, the news media has entered the online version through social media. Rather than any other media, people use more of social media for news. One study indicated that 60% of people use Company F and 20% of people use Company T to know the news. The rapid growth in Company T is due to its short tweets and spreading the information quickly.

Company T has found a new way to make money by advertising and hiring journalists to produce and accomplish the content. This Company is moving ahead from the media platform to the media entity. Earlier, Company T was in partnership with the traditional media but now this Company is into the digital media business.

Characters in case:

Company F

Company T

To discuss: The manner in which Company T makes money by creating advertisements and list a few companies that are using Company T as a promotional tool.

Introduction:

Offering easy transfer of electronic communication to users for the purpose of sharing information and ideas is known as social media.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 12, Problem 12.8MA

Summary Introduction