A Corporate Blog Can Be Useful in Communicating with Customers

question 57

True/False

A corporate blog can be useful in communicating with customers, partners, and employees; however, there are many potential issues associated with corporate blogging.

---

Definitions:

Resource Trap

The situation when a country or region relies heavily on a single natural resource for economic growth, potentially hindering long-term development.

Social Loafing

Social loafing is the tendency of individuals to exert less effort when working in a group compared to when working individually, due to perceived diffusion of personal responsibility.

Altruistic Punishment

A behavior where individuals punish others for breaking societal norms, even at a cost to themselves, to enforce cooperative behavior.

Cheat The System

Engaging in dishonest or unethical practices to gain an advantage or bypass rules.