FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357099292
Author: Pride
Publisher: CENGAGE L
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Chapter 14, Problem 2DQ
Summary Introduction
To determine: The ways small cosmetics wholesaler located in FL use social media and
Introduction: Social Media is the compilation of instruments and online spaces accessible to encourage people and organizations to quicken their data and correspondence needs. Some extremely well known web based life destinations are FB, TW, YB, IG and SC.
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How can a small cosmetics wholesaler located in Jacksonville, Florida use social media and e-business to increase its customer base, increase revenues, and reduce expenses? Please be specific and give details
How e-business can reduce expenses?
Identify a traditional company you believe would benefit from using E-business.
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- In what ways do offline social networks differ from their online counterparts? If there are any major differences, what are they?arrow_forwardis the feed feature in social networks a good idea for businesses to use? what risks are there in leveraging feeds and how does a company mitigate risks?arrow_forwardExplain how e-Business could help a local flower shop that's trying to grow it's business. What benefits would an implemented e-Business strategy provide?arrow_forward
- What are the difference between traditional business and e-business?arrow_forwardWhat is meant by the term e-business?arrow_forwardwhat is a good strategic plan to address each area of an online business strength, weakness, opportunities, and threats. How should it protect or ensure strengths and opportunities while mitigating risks and threats?arrow_forward
- What are some of the most common mistakes that organizations make in their social media marketing efforts, and how can they avoid these pitfalls? How can organizations balance the need to engage with customers on social media with the need to protect their brand reputation and minimize the risk of negative feedback? How can organizations measure the success of their social media marketing efforts and determine the ROI of their investment in social media? What metrics should they track, and how can they use data and analytics to optimize their social media campaigns?arrow_forwardWhat are the primary reasons for using the internet?arrow_forwardFor what reasons should businesses use mobile database technology?arrow_forward
- Will e-mail replace fax machines?arrow_forwardWhat is the underlying economic logic of video-sharing apps?arrow_forwardWhy is it important for companies today to be focused on the front line customers in their business? Considering the current global economy and social media why companies today are becoming more focused on customer service as a way to improve their bottom line?arrow_forward
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