Facebook, Twitter, and LinkedIn Are All Examples Of

question 28

Multiple Choice

Facebook, Twitter, and LinkedIn are all examples of:

• A) content sourcing.
• B) social media.
• C) crowd funding.
• D) permission marketing.

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Definitions:

Low Cost Strategies

Refers to business approaches aimed at achieving a competitive edge by minimizing operational costs.

Price Competition

A market condition wherein businesses attempt to attract customers by lowering the price of their goods or services compared to competitors.

Differentiated Products

Goods or services that are distinguished from similar offerings by unique characteristics, brand, quality, or features.

Buyer Power

The influence that purchasers have over sellers in determining product pricing, quality, and terms of sale.