{"title":"Thriving in a shifting landscape: Role of social media in support of business strategy","authors":"Nazanin Tourani","doi":"10.1016/j.apmrv.2021.11.001","DOIUrl":null,"url":null,"abstract":"<div><p>Contemporary organizations need to communicate with their customers in order to know them better, so that they can learn how to better satisfy their needs, provide better customer service and in so doing improve their commercial performance. Social media are one type of communication channel that organizations currently use to support these strategies. The purpose of this paper is to study how different types of organizations employ social media to support their business strategies, and how this affects the organizations’ performance. To achieve this goal, this study collects information from several organizations in Tehran, the Capital of Iran, and 58 managers, marketing experts, social media experts and university faculty. This study uses questionnaires to collect data and employs descriptive-inferential statistical methods to analyze the data. The results show that social media play an important role, yet differing role, in supporting prospector, analyzer, reactor and defender business development strategies that are key elements in business performance improvement.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"27 4","pages":"Pages 276-281"},"PeriodicalIF":5.5000,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1029313221000993/pdfft?md5=fcf2dfe2271ccf09d87999bf88ca46b8&pid=1-s2.0-S1029313221000993-main.pdf","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asia Pacific Management Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1029313221000993","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 8
Abstract
Contemporary organizations need to communicate with their customers in order to know them better, so that they can learn how to better satisfy their needs, provide better customer service and in so doing improve their commercial performance. Social media are one type of communication channel that organizations currently use to support these strategies. The purpose of this paper is to study how different types of organizations employ social media to support their business strategies, and how this affects the organizations’ performance. To achieve this goal, this study collects information from several organizations in Tehran, the Capital of Iran, and 58 managers, marketing experts, social media experts and university faculty. This study uses questionnaires to collect data and employs descriptive-inferential statistical methods to analyze the data. The results show that social media play an important role, yet differing role, in supporting prospector, analyzer, reactor and defender business development strategies that are key elements in business performance improvement.
期刊介绍:
Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.