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The Importance of Social Media in Business Models on Internet

Author

Listed:
  • Nicodim Liliana

    (Constantza Ovidius University, Faculty of Economics)

  • Negoi Eugen Remus

    (Bucharest Academy of Economic Studies, Faculty of Commerce – Business Administration)

  • Tileaga Cosmin

    (Sibiu Lucian Blaga University, Faculty of Economics)

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

Suggested Citation

  • Nicodim Liliana & Negoi Eugen Remus & Tileaga Cosmin, 2012. "The Importance of Social Media in Business Models on Internet," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 860-864, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:860-864
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    More about this item

    Keywords

    Internet; social media; online business.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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