Which of the following statements about the role of social media in promoting economic growth is FALSE?
A) Many people who used to get information about products from their local newspaper now access this information via social media.
B) Social media allow firms to do more with fewer resources.
C) Social media allow buyers and sellers to interact more seamlessly.
D) The advent of social media raised costs for firms,which now must invest in Web pages and information gathering technology to stay competitive.
Correct Answer:
Verified
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