Should Companies Capitalize on Social Media? Explain Your Answer

question 92

Essay

Should companies capitalize on social media? Explain your answer.
Yes! More audiences are using social media in Canada,especially the Baby Boomers.Many companies see social media as an effective advertising channel in building market share,especially when their customers are sharing positive feelings about the company on social media.Effective,two-way conversations between customers and a company produce positive word of mouth.

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Definitions:

Interstate Commerce

Economic activities or transactions that cross state borders or affect more than one state, subject to federal regulation.

Overtime Pay

Additional compensation required by law or agreement for hours worked beyond the standard workweek.

State Law

Legislation that is enacted by a state's legislative body and applicable within that state, governing matters not reserved to the federal government.

Federal Law

legislation enacted by the national government of a country, which has supremacy over state and local laws where they conflict.