When Developing a Social Media Strategy,what Is the First Issue

question 96

Multiple Choice

When developing a social media strategy,what is the first issue that needs to be determined?

• A)What are the goals when using social media?
• B)What is the cost of developing social media sites?
• C)What type of social media strategy should be in place?
• D)How will employees interact with social media?
• E)What social media sites should be utilized?

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Definitions:

Price Increase

An upward adjustment in the cost of goods or services, often driven by factors like inflation, increased demand, or higher production costs.

Inferior Good

An inferior good is a type of product whose demand decreases as the income of the consumer increases, in contrast to normal goods.

Income Elasticity

Measures how the demand for a product or service changes in response to changes in consumer income.