Page 368 -
P. 368

MyMISLab ™                                                Endnotes     367
                                                Go to the Assignments section of your MyLab to complete these writing exercises.
                                                8-18.  According to Paul Greenberg, Amazon.com is the master of the 2-minute rela-
                                                                                                     55
                                                       tionship, and Boeing is the master of the 10-year relationship.  Visit www.boeing.
                                                       com and www.amazon.com. From Greenberg’s statement and from the appearance
                                                       of these Web sites, it appears that Boeing is committed to traditional CRM and
                                                       Amazon.com to social CRM. Give evidence from each site that this might be true.
                                                       Explain why the products and business environment of both companies cause
                                                       this difference. Is there any justification for traditional CRM at Amazon.com? Why
                                                       or why not? Is there any justification for social CRM at Boeing? Why or why not?
                                                       Based on these companies, is it possible that a company might endorse enterprise
                                                       social networks but not endorse social CRM? Explain.
                                                 8-19.  Suppose you are hired by a local farming cooperative to develop a SMIS. The
                                                       cooperative wants to promote eating healthy foods, increase awareness about
                                                       its weekly farmer’s market, increase traffic to its Web site, and sell more of
                                                       its products directly to consumers. Which success metrics would indicate that
                                                       the cooperative has achieved its goals? Who would be the cooperative’s target
                                                       audience? What value would the cooperative’s SMIS provide to its customers?
                                                       How could the cooperative make personal connections with its customers?
                                                       Which SM platform(s) would you recommend the cooperative use? Justify your
                                                       recommendations.






                     enDnoteS


                     1.  Shea Bennett, “Pinterest, Twitter, Facebook, Instagram, Google+,   Structure and Action (Cambridge, UK: Cambridge University Press,
                       LinkedIn—Social Media Stats 2014,” All Twitter on MediaBistro.com,   2002), Kindle location 345.
                       January 20, 2014, accessed June 17, 2014, www.mediabistro.com/  13.  Accessed May 5, 2015, http://klout.com/corp/how-it-works.
                       alltwitter/social-media-stats-2014_b54243.         14.  SponsoredTweets.com maintains a list of celebrities, number of their
                     2.  Pew Research Internet Project, “Social Networking Fact Sheet,”   followers, and their price for a sponsored tweet.
                       Pew Research, February 27, 2014, accessed May 5, 2015, www.  15.  Founding father of the United States. Author of Poor Richard’s
                       pewinternet.org/fact-sheets/social-networking-fact-sheet/.  Almanac. Successful businessman; owner of a chain of print shops.
                     3.  John McDermott, “Pinterest: The No-bro Zone,” Digiday.com,   Discoverer of groundbreaking principles in the theory of electricity.
                       February 20, 2014, accessed May 5, 2015, http://digiday.com/  Inventor of bifocals, the potbelly stove, the lightning rod, and much
                       platforms/why-pinterest-is-still-a-predominantly-female-platform/.  more. Founder of the public library and the postal service. Darling of
                     4.  Quantcast, LinkedIn.com profile, accessed May 5, 2015, www.quantcast.  the French court and salons and, now, contributor to social network
                       com/linkedin.com.                                     theory!
                     5.  Amy Gesenhues, “Social Media Use Growing Among Fortune 500   16.  Nat Ives, “What a YouTube Celeb Pulls In,” Adage.com, April
                       List with 77% Tweeting & 70% on Facebook,” Marketing Land,   15, 2015, accessed May 5, 2015, http://adage.com/article/
                       July 23, 2013, accessed May 5, 2015, http://marketingland.com/  news/a-youtube-celeb-pulls/298015.
                       fortune-500-companys-social-media-use-on-the-rise-52726.  17.  “YouTube Press Statistics,” YouTube.com, accessed May 5, 2015,
                     6.  Vernon Smith, Rationality in Economics: Constructivist and Ecological   www.youtube.com/yt/press/statistics.html.
                       Forms (Cambridge, UK: Cambridge University Press, 2007), pp.   18.  Josh Constine, “Facebook Has Mixed Q1 Earnings with Miss on
                       247–250.                                              $3.54B Revenue, Beat on $0.42 EPS, User Growth Up to Hit 1.44B,”
                     7.  “About Customer Ratings,” Amazon.com, accessed July   TechCrunch.com, April 22, 2015, accessed May 5, 2015 http://
                       30, 2013, www.amazon.com/gp/help/customer/display.html/  techcrunch.com/2015/04/22/facebook-q1-2015-earnings.
                       ref=hp_200791020_vine?nodeId=200791020#vine.       19.  Twitter Inc., “Twitter Reports First Quarter 2015 Results,” Twitterinc.
                     8.  LinkedIn Talent Solutions, “Recruiter,” accessed May 5, 2015, http://  com, April 28, 2015, accessed May 5, 2015, https://investor.twitterinc.
                       business.linkedin.com/talent-solutions/products/recruiter.html.  com/results.cfm.
                     9.  Erika Welz Prafder, “Hiring Your First Employee,” Entrepreneur.com,   20.  LinkedIn Corporation, “LinkedIn Announces First Quarter 2015
                       accessed May 26, 2014, www.entrepreneur.com/article/83774.  Results,” LinkedIn Investor Relations, April 30, 2015, accessed May 5,
                    10.  Jobvite Inc., “2014 Social Recruiting Survey,” Jobvite.com, August   2015, http://investors.linkedin.com.
                       2014, accessed July 23, 2015, https://www.jobvite.com/wp-content/  21.  Sean Blanchfield, “Adblocking Goes Mainstream,” PageFair, August
                       uploads/2014/10/Jobvite_SocialRecruiting_Survey2014.pdf.  2014, accessed May 5, 2015, http://blog.pagefair.com/2014/
                    11.  Nan Lin, Social Capital: The Theory of Social Structure and Action   adblocking-report.
                       (Cambridge, UK: Cambridge University Press, 2002), Kindle location 310.  22.  Wikimedia Foundation, “2013–2014 Annual Plan Questions
                    12.  Henk D. Flap, “Social Capital in the Reproduction of Inequality,”   and Answers,” WikimediaFoundation.org, accessed June 19,
                       Comparative Sociology of Family, Health, and Education, Vol. 20 (1991),   2014, https://meta.wikimedia.org/wiki/Wikimedia_Foundation/
                       pp. 6179–6202. Cited in Nan Lin, Social Capital: The Theory of Social   Annual_Report/2013-2014.
   363   364   365   366   367   368   369   370   371   372   373