To critically think about: The importance of online product reviews and effect of fake reviews.
Introduction: Online product review describes user experience.
Explanation of Solution
Given information: Example of Amazon and Yelp because they have been called out for fake and paid reviews.
The product review reflects the experience of a user and also, presents the pros and customer planning to buy that product reads the review to know more about its quality. Therefore, it is very important for the testimonials or online reviews to be trustworthy. The customers rely on those online product reviews and make decisions based on them. Most of the customers think that these reviews are legitimate.
Conclusion:
Fake reviews impact the perception of the customer about the product and also, create a wrong perception. It is great act of immorality to post fake reviews on websites.
Want to see more full solutions like this?
Chapter 8 Solutions
Bundle: Essentials of Business Communication, 11th + MindTap Business Communication, 1 term (6 months) Printed Access Card
- Thomspson company sold manufacturing equipment solve this accounting questionsarrow_forwardThe Jewel Fool had the following inventory items on hand at the end of the year. Quantity Cost per Item Market Value per Item Necklaces 10 $ 74 $ 69 Bracelets 50 39 59 Required: Determine the lower of cost or market per unit and the total amount that should be reported on the balance sheet for each item of inventory. Lower of Cost or Market Per unit Total Amount Reported Necklaces Bracelets Total $ EAarrow_forwardLakeview corporation reported an inventory of $75,000 at the beginning of 2022.arrow_forward
- Harrison manufacturing reported a pretax book income solve this general accounting questionarrow_forwardNeed ANswer for thisarrow_forwardOn March 1, 2019, Baltimore Company's beginning work in process inventory had 9,500 units. This is its only production department. Beginning WIP units were 50% done as to conversion costs. Baltimore introduces direct materials at the beginning of the production process. During March, a total of 22,400 units were started and the ending WIP inventory had 6,200 units which were 60% done as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs. (Round the answer to the nearest whole number of units.)arrow_forward