The Importance of Social Media in Business Models on Internet

Nicodim Liliana (), Negoi Eugen Remus () and Cosmin Tileaga ()
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Nicodim Liliana: Constantza Ovidius University, Faculty of Economics
Negoi Eugen Remus: Bucharest Academy of Economic Studies, Faculty of Commerce – Business Administration

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 860-864

Abstract: Social media is a term that reflects the rapid development of technology and the skills and knowledge users, a complex concept for which there is no universally accepted definition. The term defines generic, a set of online communication channels, social networks and transmission of information, including social networks, groups, forums, blogs and various content platforms that facilitate transmission and instant communication (Safko, L., The Social Media Bible, John Willey & Sons, New Jersey, 2010). Social media includes web tools easily accessible by people conversing, participating, creating, recommends exploit information and react to them online. Social media refers to communication, interaction between people, free access to information of all kinds, creating content to Internet users

Keywords: Internet; social media; online business. (search for similar items in EconPapers)
JEL-codes: L81 M21 (search for similar items in EconPapers)
Date: 2012
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