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The degree of formal communication refers to
External Social Network
Social media platforms or communities outside of one's own website or business used for networking and outreach.
Internal Social Network
A private network within an organization designed to facilitate communication and collaboration among employees.
Niche Market
A specialized segment of the market targeting a specific type of customer, often characterized by unique needs or preferences.
Social Lock-in
Social lock-in describes a situation where users are incentivized to continue using a specific social platform or service due to the presence of their friends, content, and communities, making it difficult to leave.
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