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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

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Answer:

a. True

Explanation:

Plagiarism can be defined as the act of representing or using an author's work, ideas, thoughts, language, or expressions without their consent, acknowledgement or authorization.

This ultimately implies that, plagiarism is an illegal act of presenting another author's intellectual work or copyrighted items by using their ideas, thoughts, language or expressions, word for word without authorization or permission from the original author.

The four (4) common types of plagiarism are;

1. Copy and paste: this typically involves copying another author's work word for word and pasting it as yours without proper citation or reference with quotation marks.

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Attribution can be defined as a process which typically involves the citation (reference) of an original source of information such as a quote, paraphrase or summary, using the author's full name and job title or position as the case may be.

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6 0
3 years ago
The average option price per share and market price per share at time of grant is equal each year ($44.69 for Year 2, $49.67 for
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The reason why Coca-Cola structured their stock options as they did was to encourage employees not to sell their options.

<h3></h3><h3>Why did Coca-Cola issue options at close to market price?</h3>

When options are redeemed and sold, it works to decrease the price of stock thanks to the increased supply of stock in the market.

Coca-Cola therefore granted their options at close to market value so that employees would be encouraged to hold their stock options instead of redeeming them and decrease share price.

Find out more on granting options at brainly.com/question/13573990.

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2 years ago
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4 years ago
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Citrus2011 [14]

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The weighted average unit contribution is $81  per unit.

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The contribution per unit is the amount each unit contributes to covering the fixed costs. It is calculated by deducting the variable cost per unit from the selling price per unit.

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<h3>What is organization structure?</h3>

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Hence, strategy and structure innovations pertain to the administrative domain in an organization.

Learn more about organization structure here : brainly.com/question/17753589

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