Final answer:
Social media provides businesses with the opportunity to participate in conversations, share content, listen to consumer feedback, and monitor their brand's public image. Both participating in the conversation (A) and listening/monitoring (B) are functions of social media for business, making option c) the correct answer.
Step-by-step explanation:
For businesses, social media serves multiple functions which are essential to their growth and customer engagement strategies. The correct answer to the question is c) Both A and B; this encompasses both participating in conversations and sharing, as well as listening and monitoring what is being said about the business. Engaging in social media allows businesses to join and influence conversations, creating a brand image and establishing a direct channel to customers. Additionally, through monitoring social media, businesses can gather valuable insights into public perception, allowing them to respond to feedback, manage their reputation, and stay ahead of emerging trends.
Overall, social media is a dynamic tool that offers businesses the chance to participate actively in their industry's community and also acts as a form of business intelligence gathering.