Question

In: Economics

1. The Washington Post article explains that LinkedIn earns revenue mainly in three ways. Which of...

1. The Washington Post article explains that LinkedIn earns revenue mainly in three ways. Which of the following is NOT one of them?

a.

A suite of products from its Talent Solutions Division.

b.

Sales of advertising

c.

"Premium access" memberships

d.

Fees charged to users for setting-up their profiles

2. LinkedIn helps people find jobs in the following ways:

a.

Makes it easier to make and leverage connections in your network

b.

Posts job listings without relevant information that may or may not help you get a job

c.

Helps you create a network by starting with your friends which in the end can bring benefits such as job referrals, discussions on various topics, and much more

d.

About half of LinkedIn’s users are from outside of the United States which can help those interested in working internationally

e.

a, c, and d but not b.

Solutions

Expert Solution

Answer of question no 1 is D

Linkedin makes money through 1) sales of advertising 2) a suite of products from its Talent Solutions Division. 3) "Premium access" memberships

but it doesnt charge any fee to users for setting-up their profiles

answer for Question 2

LinkedIn helps people to find jobs in the following ways:

a. Makes it easier to make and leverage connections in your network

b. Posts job listings without relevant information that may or may not help you get a job

c. Helps you create a network by starting with your friends which in the end can bring benefits such as job referrals, discussions on various topics, and much more

d. About half of LinkedIn users are from outside of the United States which can help those interested in working internationally

Out of the above options a c and d are correct

but b is incorrect as linkedin doesnt Post job listings without relevant information that may or may not help you get a job

Hence answer for this question is "e"


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