The company has not made use of any social media to communicate with their stakeholders. By...

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The company has not made use of any social media to communicate with their stakeholders. By referring to the above statement provide a detailed discussion on the effective of use of social media in communicating with stakeholders within the business environment.

Parul · Accepted Answer

Social media is critical for the success of any business in this VUCA world. It is not only an integral tool for marketing but also an effective way of communicating with employees. Stakeholders are individuals or group of individual in the organization whose actions and attitudes influence the overall success of the organization (Ba
ie, E. R., 2020). Stakeholders takes into consideration suppliers, employees, labor unions, investors, partners, vendors as well as shareholders. Different stakeholders have various attitudes, interests as well as priorities. Effective and timely communication makes sure that they receive required information which is relevant to their need and establish strong positive attitudes. Therefore, social media platform gives strong advantage to companies today by helping them leverage the technology in sharing important information, extended collaboration and innovation while the employees are scattered all across the world. I
espective of the physical distance and varied time-zones, social media can be very effective in building positive relationships amongst the colleagues and developing clear comprehension of goals. Furthermore, social media can also help in building a strong rapport amongst different employees...

The company has not made use of any social media to communicate with their stakeholders. By referring to the above statement provide a detailed discussion on the effective of use of social media in...

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