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question 149

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You cannot specify how you want the data to appear in a query.

Distinguish between communities of practice and communities of interest and their significance.
Understand the methods companies use to engage with online stakeholders.
Describe how social networks can facilitate organizational processes like staffing and collaboration.
Recognize the tools and methods for assessing brand reputation and stakeholder engagement online.

Definitions:

Nash Equilibrium

A concept in game theory where no player can gain by unilaterally changing their strategy if the strategies of the others remain unchanged.

Maximum Profit

The highest level of profit that can be generated from operations under given conditions and constraints.

Pricing High

Setting the price of a product or service significantly above the cost of production or acquisition to achieve higher margins.

Best Response

In game theory, it is the strategy that will give a player the highest payoff, given the strategies chosen by other players in the game.

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