While Determining the Target Audience for a Particular Social Media

question 98

True/False

While determining the target audience for a particular social media marketing campaign,marketers not only pinpoint the products which will best serve the group,but also determine the social media that will be effective in delivering the message.

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Definitions:

Total Opportunity Cost

The cost of forgoing the next best alternative when making a decision.

Total Carrying Costs

The comprehensive costs associated with holding inventory, including storage, handling, insurance, and taxes.

Credit Score

A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of an individual.

Terms of Sale

The conditions under which a seller will sell and deliver goods to a buyer, detailing payment terms, delivery times, and other conditions of the sale.