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COB 204 EXAM #3 QUESTIONS COMPLETE WITH VERIFIED ANSWERS

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COB 204 EXAM #3 QUESTIONS COMPLETE WITH VERIFIED ANSWERS

Institution
COB 204
Course
COB 204

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COB 204 EXAM #3 QUESTIONS
COMPLETE WITH VERIFIED ANSWERS



Chapter 8 - Social Media Information Systems



\.Social Media - ANSWERS✔-The use of information technology (IT) to support the
sharing of content among a network of users



\.Communities of Practice - ANSWERS✔-groups of people related by a common
interest



\.Social Media Information System (SMIS) - ANSWERS✔-An information system (IS)
that suppors sharing of content among networks of users.



\.Three SMIS roles - ANSWERS✔->Social Media Providers

>Users
>Communities



\.Social Media Providers - ANSWERS✔-companies that provide platforms that
enable the creation of social networks (Facebook, Twitter, LinkedIn, Google,
Pinterest, Instagram, Snapchat, etc.)

,\.Users - ANSWERS✔-Individuals and organizations that use SM sites to build
social relationships.



\.Communities - ANSWERS✔--SM communities are formed based on mutual
interests and transcend familial, geographic, and organization boundaries
- because of transcendence, most people belong to several or even many different
user communities.
-Google+ recognized this fact with it created USER CIRCLES that enable users to
allocated their connections to one or more community groups
- Facebook and other SM providers are adapting this way.



\.Viral hook - ANSWERS✔-an inducement that causes someone to share an ad link,
file, picture, movie, or other resource with friends and associates of the Internet.



\.content data - ANSWERS✔-in SMIS, data and responses to data that are
contributed by users



\.Connection data - ANSWERS✔-data about relationships



\.Social CRM - ANSWERS✔-CRM that includes social networking elements and
gives the customer much more power and control in the customer/vendor
relationship



\.Crowdsourcing - ANSWERS✔-the dynamic SM process of employing users to
participate in product design or redesign

, \.Business-to-Consumer (B2C) - ANSWERS✔-Relationships through which
businesses market their products to end users.



\.Business-to-Business (B2B) - ANSWERS✔-Relationships through which
businesses generate new retail leads



\.Capital - ANSWERS✔-resources that are invested with the expectation of future
gain.



\.Human Capital - ANSWERS✔-the investment in human knowledge and skills with
the expectation of future gain.



\.Social Capital - ANSWERS✔-the investment in social relations with the
expectation of future returns in the marketplace.



\.Social capital adds value in four ways: - ANSWERS✔-1. Information
2. Influence
3. Social credentials
4. Personal reinforcement



\.Relationships in social networks can: - ANSWERS✔-1. Provide information about
opportunities, alternatives, and other factors important to business professionals.
2. Provide an opportunity to influence decision makers who are critical to your
success.

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