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 40 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

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Levels of DNA packaging to create a chromosome Levels of DNA packaging to create a chromosome
Nurses may collaborate with social workers, physicians, and other members of the health care team to Nurses may collaborate with social workers, physicians, and other members of the health care team to
In a developmental systems approach, the emergence of social smiling at 6 to 8 weeks of age is not ... In a developmental systems approach, the emergence of social smiling at 6 to 8 weeks of age is not ...
Upward social mobility, though welcome, can place people in a world so different from their world of ... Upward social mobility, though welcome, can place people in a world so different from their world of ...
Topic Media Topic Media
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library