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Social Network Analysis Can Be Used to Help Identify Groups

question 11

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Social network analysis can be used to help identify groups or clusters of individuals that comprise the network,individuals who link the clusters,and other network members.


Definitions:

Maximize Profits

The process of adjusting production and sales strategies to achieve the highest possible financial gain.

Sales Revenue

The total amount of money generated from the sale of goods or services before any costs or expenses are subtracted.

Economic Behavior

The actions and decisions that individuals and groups make with regard to the allocation of resources and the consumption of goods and services.

Revising Theories

The process of critically evaluating and updating theoretical frameworks based on new evidence or insights, to refine and improve their explanatory power.

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