social business

Social business knows different business models. There is the social business model for an economic concept that focuses on solving ecological and social tasks. And there is the socially committed company whose profits are reinvested and not distributed.

But social business also stands for business using social networks, social media and social software.

The defining elements of social business are collaboration, content and community. Social processes can be triggered with each individual element. Social business, like any other online business or e-business, is characterized by degrees of freedom and mobility. It can be executed from any location with any fixed or mobile device and involves communication with business partners or company employees.