With Respect to the Five Components of Social Media Information

question 31

Multiple Choice

With respect to the five components of social media information systems (SMIS) ,which of the following statements is true of SM sponsors?

• A) They process SM sites using elastic, cloud-based servers.
• B) They develop and operate their own custom, proprietary, social networking application software.
• C) They need to be trained on both SMIS user procedures as well as on the organization's social networking policy.
• D) Their procedures are informal, evolving, and socially oriented.

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Definitions:

Taxpayer

An individual or entity that is obligated to make payments to a governmental authority, usually in the form of taxes on income, property, or purchases.

Invisible Hand

A metaphor used by Adam Smith to describe the self-regulating nature of the market, where individual self-interest promotes societal benefit.

Economic Policy

Strategies and actions taken by the government to influence its economy, affecting issues like unemployment, inflation, and economic growth.

Monetary Stability

The condition of having stable prices and low inflation in an economy, maintaining the purchasing power of the currency.