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Explain the following three (3) rules in the context of social commerce. Network value = # Users(2) Group Forming Network Value 2USERS Connected Group-Forming (X
Explain the following three (3) rules in the context of social commerce. Network value = # Users(2) Group Forming Network Value 2USERS Connected Group-Forming (X & Y) Network Value = 2 x-users x 2 y-users (15 marks) Using any of these rules, describe two (2) actions that social commerce companies could take to improve their business. For each action, briefly explain why. (10 marks) Explain the following three (3) rules in the context of social commerce. Network value = # Users(2) Group Forming Network Value 2USERS Connected Group-Forming (X & Y) Network Value = 2 x-users x 2 y-users (15 marks) Using any of these rules, describe two (2) actions that social commerce companies could take to improve their business. For each action, briefly explain why. (10 marks)
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