How Have Technology and Social Media Affected the Quantity and Quality

question 42

Essay

How have technology and social media affected the quantity and quality of social connections in the past two decades?

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Definitions:

Conglomerate Merger

A type of merger where two or more companies in unrelated business areas combine operations.

Buyer-Seller Relationship

The interactions and exchanges between a buyer and a seller, including transactions, communication, and any long-term engagements.

Vertical Mergers

Vertical mergers occur between companies in the same industry but at different stages of the production process, aiming to increase efficiencies and control over the supply chain.

Horizontal Mergers

The combination of two or more firms operating at the same level in an industry, aiming to increase market share.