Social Economy
Digital communication has improved drastically over the years. It has made it simple to communicate and socialize. Even though it's easier now for people to interact without having to meet up personally. That means there are disadvantages and advantages to communicating digitally.
Advantages:
[if !supportLists]· [endif]Large amount of knowledge and information is now easily accessible.
[if !supportLists]· [endif]We are now able to communicate through large distances.
[if !supportLists]· [endif]It helps us to share our thoughts and opinions with the world, as it provides us with a platform.
Disadvantages:
[if !supportLists]· [endif]There is a high risk of people getting access to confidential profiles.
[if !supportLists]· [endif]Cyber bullying.
[if !supportLists]· [endif]People have become impersonal.
[if !supportLists]· [endif]People experience a lot of scams.
Companies make use of digital communication to to reach out to their clients, through phone calls, emails, text messages and online. Advertisements have become easier to develop and distribute to the world or particular region, making it easier for companies to make themselves known also to keep relevant in the social world.
Advantages:
- Ensures them to communicate with individuals around the world.
- Increase relationships with their clients and potential investors.
- Can increase the company's financial performance.
Disadvantages:
- Technology can become expensive.
- The company could face unforeseen finances.
The benefits of social technologies for communities include that they use of social technologies will increase the knowledge of the community and allow the communities to develop the risk involved is using this technology involves the up keep of the technology and the lack of social development with the youth.
In corporate, many companies are using technology to improve business and better their marketing skills so that they are exposed to more opportunities.
