With Respect to the Five Components of Social Media Information

question 59

Multiple Choice

With respect to the five components of social media information systems (SMIS) ,which of the following statements is true of SM sponsors?

• A)They process SM sites using elastic,cloud-based servers.
• B)They develop and operate their own custom,proprietary,social networking application software.
• C)They need to be trained on both SMIS user procedures as well as on the organisation's social networking policy.
• D)Their procedures are informal,evolving,and socially oriented.

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Definitions:

Price Discount

A reduction from the usual cost of an item or service, used as a strategy to increase customer purchases or reduce inventory.

Anticipation Inventory

Stocks held in anticipation of customer demand, allowing companies to meet consumer needs without delay.

Larger Quantities

Refers to the acquisition or production of goods or services in high volumes, typically achieving economies of scale.

Market Approach

A method used to value a business or asset based on the price at which similar companies or assets have been sold.