Social media has large quantities of untapped potential

Assignment Help Operation Management
Reference no: EM132284784

Social media has large quantities of untapped potential for many businesses. In today's world consumers get their information, advertisements, recommendations, and even news from social media sites. As a result, social media is a relatively inexpensive and crucial marketing tool for many industries because it can provide information in real time and reach a large number of people. However, the fact that it is inexpensive and in real time can cause negative impact for businesses because this means that average people have access to it and the information can spread all over the world in minutes creating reputational damage. In today's world a single tweet or picture can cause stocks to lose value and whole groups of people to boycott a company or product. I think it is very important for company's to understand these risk and put the appropriate risk management strategies in place such as acceptable use policies and Public Relations people.

Do you agree, why or why not? Can you provide some additional examples?

Reference no: EM132284784

Questions Cloud

What is the forward premium : What is the forward premium (discount) of the dollar against SF for delivery in 180 days?
Annual coupon interest paying corporate bond : A 5.8% annual coupon interest paying corporate bond with a FV of $1,000 and 15 years to maturity. The bond is currently trading at par.
Does the setting contribute to the visual interest : For this paper, you are to create your own examples of two of these genres with a digital camera. I want you to take multiple pictures from different angles.
Find the banker ending margin balance on wednesday : The futures price on Wednesday is $1.605. Find the banker's ending margin balance on Wednesday.
Social media has large quantities of untapped potential : Social media has large quantities of untapped potential for many businesses.
Bond rating agencies and were those issues reasonable : What do you think were some of the issues people had with the bond rating agencies and were those issues reasonable?
The negative effects of social media : The negative effects of social media and the company image that they represent can hold members accountable for their actions
What factors are affecting the profitability of toyota : Which of these factors can the company control to improve profitability? What strategy would you suggest to improve the profitability?
Write a researched analysis of a cultural artifact : The Assignment For this Essay, you will write a researched analysis of a cultural artifact. Your argument should analyze the artifact or the artifact's relation

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd