Exam 9: Social Media, Peer Production, and Web 2.0

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The controversial nature of feeds is because of:

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_____ refers to a text-messaging standard used by many mobile phones.

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Over 500 million tweets are sent each day-80 percent or more via smartphones.

(True/False)
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There are several public markets for leveraging crowdsourcing for________, or as an alternative to standard means of __________.

(Essay)
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What is inbound marketing and how does it differ from traditional marketing methods? How can online media help a firm with inbound marketing efforts?

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The unstructured nature of wikis is both a source of strength and weakness.

(True/False)
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_____ are links in a blog post that refer readers back to cited sources.

(Multiple Choice)
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Describe how promoted tweets and Amplify work, helping Twitter earn revenue. Who earns revenue in each of these efforts?

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Any Twitter user can create hash tags to organize tweets by simply appending a # character before a character.

(True/False)
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The phrase "_____________________________" refers to communication channels that an organization controls. Includes firm-run blogs and Web sites, apps, and organization accounts on social media such as Twitter, Facebook, Pinterest, YouTube, and Instagram.

(Short Answer)
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Marketers can leverage social media channels for:

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Describe how Facebook leveraged crowdsourcing to rapidly expand internationally, all while minimizing staff needs.

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Instagram now has over 56,000 advertisers on its platform.

(True/False)
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Much of the activity that takes place on social networks is spread via ______________. Pioneered by Facebook but now adopted by most services, this feature provides a timely list of the activities of and public messages from people, groups, and organizations that an individual has an association with.

(Short Answer)
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What are the benefits and risks associated with social networks? Support your answers with relevant examples.

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_____ refers to engineering the posting of positive comments, and reviews of a firm's product and services.

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Peer production refers to:

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Crowdsourcing can be considered a type of peer-production.

(True/False)
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A _____ refers to a list of a blogger's favorite sites, often displayed on the right or left column of a blog's main page.

(Multiple Choice)
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A necessary criterion for a crowd to be "smart" is that it should be homogenous to reduce incidence of polarized insights.

(True/False)
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