Managment Information Systems. W3 P1.

Please respond to the following questions:

Questions to answer:
Social networking sites are fast becoming corporate
resources. Consider how Facebook may be used by an organization:
-Can you think of different ways in which organizations such as Coca-Cola, KFC,
or Bank of America can use social networking?
-What are network effects?

If you were the chief executive officer of a Fortune 500 company:
-Would you be comfortable using social media sites like Facebook or LinkedIn as
part of your CRM strategy? Why or why not?

Guidelines:
-Use APA Format.
-Do not use websites like Wikipedia as references.
-Please have complete and well-thought-out responses. Please make sure that you
back up the information you write with online academic websites, work/life
experiences, etc.

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