It is predicted that social networks such as Facebook and Twitter will influence supply chains because of their impact on customer demand and the speed of information transfers.

Question

Quizplus · Accepted Answer

Social networks have the ability to influence customer demand by facilitating the spread of information about products and services. This can lead to changes in the types of products being demanded, as well as changes in the timing and quantity of demand. Additionally, social networks can facilitate the rapid transfer of information about supply chain disruptions, enabling companies to respond more quickly to unexpected events.

It Is Predicted That Social Networks Such as Facebook and Twitter