The Measure of How Effectively a Company Engages with Online

question 40

Multiple Choice

The measure of how effectively a company engages with online stakeholders is

• A)brand socialization.
• B)understanding target markets.
• C)sentiment analysis.
• D)brand community.
• E)community of interest.

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Definitions:

Maximizing Profits

Refers to the process of increasing the difference between total revenues and total costs to achieve the highest possible earnings.

Minimizing Losses

A strategy or approaches taken to reduce the amount of loss incurred in a business operation or investment.

Price Discrimination

A pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different markets or to different segments of consumers.

Senior Citizen Discounts

Discounts offered to elderly individuals, typically those aged 65 and older, to reduce the cost of goods and services for them.