The Impact of Social Media in the world today.
The Impact of Social Media In The World Today Imagine you are hearing the word social business for the first time, how will you view it in your own personal opinion. Actually, social business is a business involving social networks which is set up for the purpose of creating social services to people across the world and also serving as a means of making profit for the owners. Examples of social businesses in the world include Facebook, whatsapp, Instagram, YouTube e.t.c. These social businesses are referred to as multi billion dollar businesses as a result of a concept referred to as VVF.( Value, Volume and Frequency). Value--- The value of these social networks creates an avenue for mass usage of them by people across the world. The values they serve the world are so interesting and embracing, thus making them so attracting to the world. Volume---- The value of these social networks brings about the voluminous usage by people across the world. For instance, Facebook has ov...
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