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Social Business
Is a name for commercial for profit or nonprofit organization that is design to achieve some
social goal(s), such as improving human well-being, rather than just make a profit.
Social Enterprise
Refers to the use of social media tools and platforms and conducting social networking activities
in organization as it major objectives.
Business Networks
It is a core component in the social enterprise.
Refers to a group of people with a professional business relationship.
Accenture
a traditional business consulting firm, offers aa wide variety of services for companies that are
interested in integrating social media interaction with their current business operations and customer
relationships.
Salesforce
a leader in CRM systems, has also developed a framework for companies that wish to
implement social media strategies within their existing business structures.
Business Networks
Biznik
is a community of entrepreneurs and small business owners dedicated to helping each other by
sharing ideas and knowledge.
EFactor
the world largest network of entrepreneurs.
Inspiration Station
one of the best portals for small businesses and start-ups.
Social Recruiting
Virtual job fairs are other new strategies for quickly finding qualified candidates at a
reduced cost.
is a company with the vision and passion for fusing lifestyle and culture through social
experience.
Social entertainment is distinct from social networking websites in that the former is
based fundamentally on immersive engaging experiences with functionally, content and
people, while the latter is based primarily on building and maintaining relationships with
other users.
Crowdsourcing Models
Secretive
Individuals submit ideas, and the winner are selected by the company.
Collaborative
Individuals submit ideas, the crowd evaluates the ideas, and the crowd picks the winner.
Panel selects
Individuals submit ideas, a panel selects finalist, and the crowd votes for the winner.
Social Collaboration (Collaboration 2.0)
Refers to people’s collaboration within and between communities enabled by social
media tools and platforms.
Collaboration 2.0 is recognized as a major element in social business that can provide
considerable benefits.