Discuss ways and examples of how Social Media has changed the way businesses interact with employees and stakeholders

What will be an ideal response?


Answer: Audience members are no longer passive recipients of messages but active participants in a conversation. Social media have given customers and other stakeholders a voice they did not have in the past, and businesses are listening to that voice. In fact, one of the most common uses of social media among U.S. businesses is monitoring online discussions about a company and its brands. Inside companies, social media make it easier for employees to voice concerns and frustrations, increasing the changes that managers will address problems that are getting in the way of people doing their jobs.

Business

You might also like to view...

City Tours, a provider of bus and walking tours in major metropolitan areas in the United States, wants to more effectively and efficiently reach potential customers who are vacationing in cities such as New York, Los Angeles, and Chicago

Which of the following would be the best Big Data tool for City Tours to use to identify consumers who are currently vacationing in these locations and who might be likely to respond to promotional offers? A) search engine optimization B) prospecting C) sampling D) reality mining E) customer acquisition

Business

Renunciation is a statutory right of a surviving spouse to give up her statutory share in the estate

a. True b. False Indicate whether the statement is true or false

Business

Van Buren Corporation issued 5,000 shares of $6 par common stock for $24 per share. For this transaction, Common Stock should be increased for $120,000.

Answer the following statement true (T) or false (F)

Business

An assignment of the proceeds of a life insurance policy must be in writing

Indicate whether the statement is true or false

Business