Instagram have recently entered the market. Due to the local elections politicians are anxious which of the
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Instagram have recently entered the market. Due to the local elections politicians are anxious which of the Social Media they should use. It is estimated that of Facebook’s customers 80% will remain loyal while 10%will transfer to Instagram while for Twitter 75% will remain loyal while 20% will go to Instagram. Starting out Instagram will retain 30% of its customers while 30% will go to Twitter and the remainder to Facebook.
What proportion of customers will go to each of the sites in the long run?
Which of the original sites, Facebook and Twitter, will suffer most due to the introduction of Instagram?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: