Question 3 Digital Communication

The Social Economy: Unlocking value through social technologies

The benefits of social technologies for individuals are that they can use the internet to use for research reading material for any type of purpose for example; entertainment, leisure, research for school and tertiary studies. For corporate companies the benefits are that the companies can expand awareness of their products or services that they have produced and they can use social technologies to keep in contact with their suppliers or their customers. For communities the benefits are that people in communities can stay connected to each other. The risks of social technologies for individuals are that they can be subjected to personal social media account hacks, cyber-bulling and all kinds of cyber disadvantages. For corporate companies the risks are that the companies can fall victim to cyber-attacks, software hacking and Trojan Virus attacks. For communities the risks are that people could be subjected to false rumours about their personal life and about their relationships.