Which of the Following Is a Key Attribute of Social

question 13

Multiple Choice

Which of the following is a key attribute of social media information systems?

• A) The social media phenomenon is based on the need to generate revenue.
• B) Organizations have a major impact on the configuration of such systems.
• C) The client hardware for social media will increasingly be mobile devices.
• D) Social media applications are typically designed for business use.

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Definitions:

Buyers

Individuals or entities that purchase goods or services for personal use or for resale.

Sellers

Individuals or entities that offer goods or services for sale in a market.

Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and products that are similar enough to be considered substitutes.

Monopsony

A market condition in which there is only one buyer, giving that buyer considerable control over the price of goods and services.