Even If a Business's Core Customers Do Not Use Social

question 138

True/False

Even if a business's core customers do not use social media and social networking sites, businesses should still be devoting major resources to developing their social media presence.

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Definitions:

Inspection Time

The amount of time dedicated to examining and verifying the quality of products or materials.

Value-Added

The enhancement a company gives its product or service before offering the product to customers, adding value beyond the cost of the raw materials.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish and measure the performance against strategic goals.

Financial Measures

Quantitative indicators used to assess the financial health, performance, and stability of a business or project.