Explain the Software Component of Social Media Information Systems (SMIS)

question 109

Essay

Explain the software component of social media information systems (SMIS) with respect to each of the three organizational roles.

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Definitions:

Competitive-Edge Strategies

Tactics and approaches utilized by companies to gain a superior position in the marketplace and outrun their competitors.

Environmental-Change Strategies

are approaches organizations adopt to adjust and thrive in response to changes in the external environmental factors.

Risk-Management Strategies

Approaches and practices for identifying, assessing, and mitigating risks to minimize their impact on an organization.

Uncertainty

A condition of being unsure about something, especially regarding future events or the potential outcomes of actions.