The Explosive Use of Social Media Is an Example Of

question 47

Multiple Choice

The explosive use of social media is an example of:

• A) Customer environment.
• B) Competitor environment.
• C) Economic environment.
• D) Social environment.

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Definitions:

Strategic Issues

Fundamental challenges or decisions that are critical to an organization's long-term success and competitive position.

Annual Plans

Detailed, year-long strategies and financial budgets that organizations create to guide operations, achieve strategic objectives, and meet financial targets.

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and lower annual revenue than a corporate or multinational company.

Long-Term Debt

Loans or other forms of financial obligations that are due to be repaid over a period longer than one year.