This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discuss how social media can create a competitive advantage. What will be an ideal ... (Read 55 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
on: Jul 6, 2018
Discuss how social media can create a competitive advantage.
 
  What will be an ideal response?

Question 2

Ferrari sells very expensive, stylish, high-quality cars to very wealthy people. Ferrari follows a ________ strategy.
 
  A) niche
  B) focus
  C) differentiation
  D) quality


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juliaf

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: Successful social media strategies should help people inside and outside the organization connect and reduce costs or increase revenue possibilities, or both. Firms can gather information from and about their customers. Employees can monitor trends to anticipate changes in customer preferences. Social media tools can be used to boost productivity through the sharing of data and ideas.

Answer to Question 2

Answer: B


rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

The patient and his family meet with the nurse to discuss progress on the patient care plan. The patient and his family meet with the nurse to discuss progress on the patient care plan.
Tracheostomy. A tracheotomy, or incision into the trachea, is performed to create an opening into th Tracheostomy. A tracheotomy, or incision into the trachea, is performed to create an opening into th
Extended Objects Create a Focal Plane Extended Objects Create a Focal Plane
Social Stress and Cocaine Intake Social Stress and Cocaine Intake
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Adolescents may have different responses to different social situations, which complicate their ... Adolescents may have different responses to different social situations, which complicate their ...
Video: Male Reproductive System - The gonadotropin releasing hormone

For a complete list of videos, visit our video library