Cisco Internet of Everything Connects People, Processes, Things, and Data

question 168

Multiple Choice

Cisco Internet of Everything connects people, processes, things, and data. Which two of its characteristics have an impact on businesses? (Choose two.)

• A) Leveraging data into more useful information for decision-making
• B) Connecting people for measuring services' usage trends
• C) Delivering the solutions and products to the right person at the right time
• D) Having physical devices and objects connected to the Internet and to each other for intelligent decision making

Comprehend the role and features of social games within the online community and their impact on social networking.

Grasp the significance of the social entertainment zone and its components within social media.

Recognize the importance of Social CRM in enhancing customer relationships and utilizing collective intelligence for organizational benefit.

Identify the different facets of social commerce, including social shopping and marketplaces.

---

Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity demanded by consumers over a specified period.

Profit-Maximizing

The process of adjusting production and pricing strategies to achieve the highest possible profit based on current market conditions.

Monopolistic Competition

An economic configuration where lots of enterprises sell products that are near equivalents but not perfect matches, offering them a measure of market dominance.

Zero Economic Profit

A situation where a firm earns just enough revenue to cover its total costs, including both explicit and implicit costs.