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Using Specific Examples, Describe How Social Networks Add Value to Business

question 8

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Using specific examples, describe how social networks add value to business.


Definitions:

Complexity

The extent to which an organization divides labor vertically, horizontally, and geographically.

Diffusion

The process by which innovations, ideas, or trends spread within a society or from one society to another.

Innovation

The act of implementing novel concepts, techniques, or goods to enhance productivity, efficiency, or gain a competitive edge.

Compatibility

The degree to which two or more systems, processes, or entities can work together without conflict or alteration.

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