Final answer:
Dell launched IdeaStorm to leverage social networking as a tool for crowdsourcing customer feedback on new products and improvements. Social networks like LinkedIn,r have created niches serving various social and professional purposes, while also being used by businesses for marketing.
Step-by-step explanation:
Dell created its own social networking website called IdeaStorm as a platform for its millions of customers around the world to discuss and suggest new products, services, or improvements they would like to see. This initiative reflects the impact of social networking sites as modern-day hubs for innovation and crowdsourcing, transforming the way companies interact with consumers and gather feedback. The rise of social networking has allowed for diverse platforms like LinkedIn, and Foursquare, each serving unique functions ranging from personal connections to professional networking and real-world location-based interactions. Moreover, corporations use these platforms not only to engage with customers but also to market their products effectively.