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Explain the concept of bounded rationality

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Reference no: EM132837825

Question 1: What are the benefits that accrue to businesses implementing social shopping applications?

Question 2: What is the distinction between social shopping and social commerce?

Question 3: How are reviews different from recommendations? Why are ratings an important cue to include with a review site?

Question 4: Explain the concept of bounded rationality as it relates to social shopping.

Reference no: EM132837825

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