ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social media makes it easier to companies to collect data to help make business decisions.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -How do social media companies collect all this data? Social media platforms like Facebook use tracking cookies to follow you around the web and track log your activity. They also employ browser fingerprinting, geofencing, and cross-site tracking to follow you anywhere on the web.
Detailed explanation-2: -Benefits of social media for business attract customers, get customer feedback and build customer loyalty. increase your market reach, including international markets. do market research and reduce marketing costs. increase revenue by building customer networks and advertising.
There is 1 question to complete.