INdividual 8 - Assignment Example

Only on StudentShare

Extract of sample
INdividual 8

Various groups that have similar lines of expertise could also team up or collaborate to increase the range of their connections, thus bringing different businesses together by means of intermediaries, but without the hassle of actually meeting up each one of them in person. There is also no need to particularly know who these people are personally, and communications often happen by consulting groups or individual people according to expertise, thus every group have opportunities to show their skills equally since business owners or companies aim to get the job done professionally as to how they would want it done.
It is easier to conduct businesses or sales using social networks such as Facebook. This is because while in LinkedIn transactions are done via consultants or third parties depending on their expertise, Facebook harnesses the power of word-by-mouth in promoting marketing and sales (105). There is also less barriers among businesses since they could conduct transactions directly with customers, upon being introduced to potential consumers by their loyal customers. People belonging to active social networking sites have the power to promote companies or put them down using the strength of suggestion and impressions, like how many people tell their product satisfaction online. The image of the company is also important for consumers, and with the power of suggestion a company could gain or lose profits if for example a group of people would tell others within their networks whether the products or services of a company is good or bad.
Answer to Part II: Different societies having various cultures accept social networking depending on whether the people have a collectivist or an individualist culture. For example, in individualist societies LinkedIn is more often used for finding connections and business partners but without the intention of fusing personal relationships with business ...Show more

Summary

LinkedIn is a social network that caters mostly skilled persons and businesses, which gives the site a more business-like or professional image. There is a greater…
Author : melyna29
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"INdividual Assignment 8"
with a personal 20% discount.
Grab the best paper

Related Essays

Market Research Individual Assignment
The business domains need to understand how this market research will eventually tie in the much needed value and how the stakeholders will derive what they require direly at the end of the day. This is an understanding that has to be reached upon with the advent of time because market research is a very quintessential aspect of the business settings.
4 pages (1000 words) Essay
Marketing Research Individual Assignment
This report considers the different forms of customer commitment. Additionally the report specifically considers the means of increasing customer commitment and product loyalty. Analysis Customer commitment has been established through a variety of specific constructs.
8 pages (2000 words) Essay
INDIVIDUAL ASSIGNMENT
For doing that companies are hiring marketers who are equipped with the succinct knowledge of engaging the masses, and who can manipulate and devise advertisements and provide companies edge over their competitors and also results in increasing their sales.
4 pages (1000 words) Essay
Individual Internet Assignment
A product strategy needs integration with pricing, promotion as well as distribution. Product strategies are specific as compared to business strategies in that they guide for direct marketing of individual products. Such specific decisions include specificity in; target market definition, product features, price, distributors and programs for marketing communication.
3 pages (750 words) Essay
ASSESSMENT QUESTIONS FOR INDIVIDUAL ASSIGNMENT
........................................................................ 3.0 Recommended target markets and positioning strategy....................................... 4.0 Product and services strategy.......................................................
8 pages (2000 words) Essay
INDIVIDUAL ASSIGNMENT
The industry is a highly competitive industry where every company is implementing new strategies to take up more market share. The variety in the UK fashion industry is a significant factor that determines the
14 pages (3500 words) Coursework
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT