FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357685594
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 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_forwardHow social media apps like twitter or instagrams can create online experience and increase sales for any online clothing store.arrow_forward
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