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26 Cards in this Set

  • Front
  • Back

_ _ is the use of information technology to support the sharing content among networks of users.

Social Media (SM)

SM enables people to form _______________, which are groups of people related by a common interest.

communities or communities of practice

_ _ _ _ is an information system that supports the sharing of content among networks of users.

Social media information system (SMIS)

Social media ____________ such as Facebook, Google+, LinkedIn, Twitter, Instagram, and Pinterest provide platforms that enable the creation of social __________, or social relationships among people with common interests.

Social media providers,


social networks

______ include both individuals and organizations that use SM sites to build social relationships.

Users

If a site is interested in pure publicity, it will want to relate to as many tiers of communities as it can. If so it will create a viral _____, which is some inducement such as a prize or other reward, for passing communications along through the tiers. ([[d]]share an ad, link, file, picture, movie, or other resource with friends and associates over the Internet)

viral hook

SM data falls into two categories ________ & _____________. One is data and responses to data that are contributed by users. ie: post and response on facebook wall. The other is data about relationships. ie: relationships to your friends also particular organizations you liked.

content & connection data

As opposed to traditional CRM, _______ CRM is a dynamic, SM-based process. ;;


[[d]]: CRM that includes social networking elements and gives the customer much more power and control in the customer/vendor relationship.

social CRM

________________ is the dynamic social media process of employing users to participate in product design or product redesign.

Crowdsourcing

social media has been widely used to _ _ _ relationships to market products to end users. Now manufacturers are starting to use social media to become industry leaders, promote brand awareness, and general new _ _ _ to retailers.

business-to-consumer (B2C)

business-to-business (B2B)

Karl Marx defined _________ as the investment of resources for future profit.

capital

In comparison, _________ capital is the investment in human knowledge and skills for future profit.

human capital

According Nan Lin, ________ capital is investment in social relations with the expectations of returns in the marketplace.

social capital

According to Henk Flap, the ______ of social capital is determined by the number of relationships in a social network, by the strength of those relationships, and by the resources controlled by those related.

value of social capital

If you are an _____________ in your social network, your opinion may force a change in others' behavior and beliefs.

influencer

To an organization, the ___________ of a relationship is the likelihood that the other entity (person or other organization) in the relationship will do something that benefits the organization.

strength of a relationship

[[d]]:A social media company's ability to make money from its application, service, or content.

Monetize

The ability to track these statistics led to development of the pay-___-______ revenue model, in which advertisers display ads to potential customers for free and then get paid when the customer clicks on the ad.

pay-per-click

The ___________ revenue model offers users a basic service for free and then charges a premium for upgrades and advanced features.

freemium

_____________ rate measures the frequency that someone who clicks on an ad makes a purchase, "likes" a site, or takes some other action desired by the advertiser.

Conversion rate

[[d]]: A statement that delineates employees' rights and responsibilities when generating social media content.;;


Social media _________

Social media policy

_ _ _, which simply means content on your SM site that is contributed by users, is the essence of SM relationships.

User-generated content (UGC)

***Which is a use of social media in human resources?

social media is used for finding employee prospects, recruiting candidates, and in some organizations, candidate evaluation

***Which statements are TRUE of social capital?

The value of social capital is determined by the number of the relationships in a social network

*** Social media communities differ from regular communities because:

Formed based on mutual interests

***Which statement is TRUE of using social media to advance organizational strategies?

Share a common belief, seek conformity, want to convince others, facilitate activities like sales and marketing, form strong bonds and allegiance to an organization.