1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melisa1 [442]
4 years ago
15

How might social media be used to develop more trust- ing relationships between management and employees? Between a company and

its customers?
Business
1 answer:
nordsb [41]4 years ago
6 0

Answer:

The following are six ways in which brands can begin to build trust through social networks.

Explanation:

Thought leadership communication

One way for a brand to lose credibility before a social audience is to simply spam them with "opportunities" to buy a product or service without providing any value. This value can come in many forms, but it must be designed to teach, entertain, ignite discussions and get honest comments. Social networks are the perfect platform for a brand to communicate its experience in a particular industry, and it does so by providing excellent content that people will share with others. This is how companies can become opinion leaders in their space.

Transparency

this is an area that executives and decision makers have feared most, but an obstacle that must be overcome for a company to succeed using social networks. In today's digital world, transparency is an inherent reality, as people will talk about the problems associated with their online brand. Companies must accept this and get involved in guiding that conversation. In an eMarketer report, 77% of shoppers said they are more likely to buy from a company if the CEO uses social media, and 82% trust the company more. This is impressive and shows how consumers want to interact with high-level brands and executives.

Fast and responsive customer communication

if consumers know that they can communicate with their company through social networks and are encouraged to do so, this is a good opportunity to deliver a unlimited service in front of a large audience. Do not be afraid of customer complaints. Approach them head on. These opportunities can often become excellent testimonials when customers are handled with care.

Guarantees responsibility

when companies openly participate in social networks and encourage their audience to interact with them, a certain level of responsibility is guaranteed. By using social networks aggressively, a brand can be responsible for providing excellent products, services and customer service. They can't afford not to! But isn't that the goal anyway?

Fun and simple commitment

Another way to build and maintain trust is through entertainment. Do not always try your company and its services or value. This energies the thought of leadership and content marketing. Provide value in a fun and creative way through daily content, applications, videos, contests, sweepstakes and infographics. The opportunities are endless.

Social responsibility

An excellent way to build trust with your customers is to let them know that you care about others rather than yourself. The same goes for creating brand value. Socially responsible brands often gain more momentum because their customers know that it is not just about profits, but that they are also giving back to their communities or the world around them. Public channels such as social media are the perfect platform to communicate this message and let it spread organically. For example, Marriott is conducting a registration campaign that encourages guests to register, and the hotel will donate $ 2 to charities. This promotion is intended to take advantage of a typical social interaction for the common good.

Consider these six methods of building trust when marketing your brand through social networks. There are many other ways for companies to create brand confidence in the digital space

You might be interested in
Estimate of total percentage of total outstanding stocks globally held unhedged on the trading books of top investment bank deal
Usimov [2.4K]

Answer:

To estimate the total percentage of total outstanding stocks globally held unhedged on the trading books of top investment bank dealers, is the number of issued shares minus the number of shares held in the banks´ treasury, or the number of stocks outstanding, without considering the float.

Explanation:

The float or stock shares outstanding not held by individuals or associated corporations, percentage of 10% to 20%, is considered low and it means that the amount of available shares is not high. This percentage also gives you the idea on the stocks´ volatility.

4 0
3 years ago
The following data relates to units shipped and total shipping expense for the Adams Company. Month Units shipped Total Shipping
Ann [662]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Month - Units shipped - Total Shipping Expense

January: 3 - $1,300

February: 6 - $1,600

March: 4 - $1,400

April: 5 - $1,500

May: 7 - $1,700

June: 8 - $1,800

July: 2 - $1,200

First, we need to calculate the unitary variable cost using the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,800 - 1,200) / (8 - 2)

Variable cost per unit=  100

Now, we can calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,800 - (100*8)

Fixed costs= 1,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,200 - (100*2)

Fixed costs= $1,000

Finally, the total cost formula:

Total cost= 1,000 + 100X

X= units shipped

4 0
3 years ago
A factory which produces bicycles has one employee who assembles the frame, one who attaches the handle bars, one who attaches t
Mkey [24]
The answer is A because one of the people checks the bicycles before shipping them off looks at there efficiency to see if they are good enough 
5 0
4 years ago
Which subject line will likely result in grabbing readers' attention? a.Carpool and Vanpool Opportunity b.Our Sustainability Eff
Sonja [21]

Answer:

Go Green and Save Greenbacks!

Explanation:

For a headline to grab a prospective customer's attention it should be catchy, carry it's meaning in a short easily remembered statement.

Among the options given Go Green and Save Greenbacks! is the best option.

Go Green means reducing impact on the environment. It refers to sustainable business practice.

Save Greenbacks means to save money.

Ao this statement conveys the message in a short and concise manner.

3 0
4 years ago
A company has recorded the last five days of daily demand on their only product. Those values are 120, 125, 124, 128, and 133. T
olchik [2.2K]

Answer:

The correct option is C. 630.

Explanation:

From the question, can have the following:

Lead time in days = 5 days

Average daily sales = (120 + 125 + 124 + 128 + 133) / Lead time = 630 / 5 = 126

Since the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, the reorder point (R) can be calculated as follows:

Reorder point (R) = Average daily sales * average lead time in days = 126 * 5 = 630

Therefore, the correct option is C. 630.

6 0
3 years ago
Other questions:
  • A _____ should measure 4 inches high, with no more than 1/4 inch clearance above the floor surface
    8·1 answer
  • On December 29, 2020, Patel Products, Inc., sells a delivery van that cost $20,000. The equipment had accumulated depreciation o
    12·1 answer
  • Blossom Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new
    13·1 answer
  • The source document for the data for debiting Work in Process for direct materials is aa. purchase orderb. materials requisition
    5·1 answer
  • Banks create money when they:
    11·1 answer
  • A review of the accounting records of Perez Manufacturing indicated that the company incurred the following payroll costs during
    15·1 answer
  • "Alfonzo and Wendy were arguing about whether their company should issue par value common stock or no-par value common stock. Al
    7·1 answer
  • A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $
    6·1 answer
  • Traditionally, human resource management was seen as an administrative function, while today more companies are looking at HRM t
    14·1 answer
  • What is average fixed cost , average variable cost ,average cost and marginal cost??
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!