The Main Uses of Social Networks Include

question 37

Multiple Choice

The main uses of social networks include

• A) reducing the number of suppliers.
• B) encouraging maverick purchases.
• C) learning useful business intelligence.
• D) driving traffic to online Web properties.

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Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision making and problem-solving but do not guarantee optimal solutions.

Laboratory

A controlled setting equipped for scientific experiments, research, or teaching purposes.

Small Sample

A subgroup of a population selected for observation and analysis where the size of the group is considered statistically insufficient for conclusive results.

Misleading Results

Outcomes of experiments or studies that do not accurately reflect the true situation, often due to errors in design, methodology, or interpretation.