Nobody downloaded yet

Facebook Analysis To Confirm Its Competitiveness In A Defined Market - Essay Example

Comments (1) Cite this document
Facebook accounts for being one of the most famous social networking sites in the world. Launched in the year 2004, it is completely owned and operated by Facebook Inc. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
Facebook Analysis To Confirm Its Competitiveness In A Defined Market
Read TextPreview

Extract of sample "Facebook Analysis To Confirm Its Competitiveness In A Defined Market"

Download file to see previous pages The idea was to create a website though which people in the university could stay connected with each and share ideas. Within months of its initiation the core idea spread beyond the boundary rooms of Harvard and was highly appreciated and accepted by all. Very soon it got extended to Yale and Stanford and was endorsed widely in these places. The initiative was accompanied and followed by two more students at Harvard, Chris Hughes and Dustin Moskovitz who helped the founder to grow and take the concept to the next level. Within a matter of few months, it became a national student network. In 2005, it was officially given the name of Facebook. The domain was called was purchased at a rate of $200,000. Facebook was then opened in 2006 and could be accessed by everyone above 13 years of age having a valid e-mail identity. In 2008, it was announced that Facebook would set up international headquarters in Dublin, Ireland. In 2010, the company began to invite users to go through a beta test or selection process based on questions and answers. A number of engineering puzzles were given to them where these users were required to solve computational problems. This gave them opportunities to get hired in Facebook. It had emerged as the greatest only photo host by 2011 and had millions of users accessing the same from mobile phones, which accounted for 33% of the entire traffic in Facebook. (Carlson, “At Last -- The Full Story Of How Facebook Was Founded”). Biography of the Founder Originally known as the Facebook, the site was founded by Mark Zuckerberg, a former student at Harvard University. After completing second year at the university, he left it to concentrate on the website he had created and which had a use based of more than 250 million people. Born in May 14, 1984, in New York, Zuckerberg had grown in a well educated and comfortable family. Zuckerberg’s interest in computers and technology showed very early in his childhood. He had created messaging program using Atari Basic, at the age of 12 which he named as Zucknet. His father use to use this program for running operations at his dental office. The receptionist at office could use this program to convey the message of a new patient arrival without screaming across the room. This program was also used within the family to communicate in the house. He took interest in computer games with his friends just for fun (Chittaranjan Wordpress, “Early life”). In order to entertain and encourage his interest in computers, Mark’s parents arranged for a private computer tutor at home, who had later on declared to reporters that he found to difficult to stay ahead of a prodigy who was interested more in the graduate courses at the nearby college. Beside computers, Lark also showed immense talent in fencing and soon became captain of his school team. One of his other interests was literature, in which he earned a diploma in classics. However, his fascination ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Facebook Analysis To Confirm Its Competitiveness In A Defined Market Essay”, n.d.)
Retrieved from
(Facebook Analysis To Confirm Its Competitiveness In A Defined Market Essay)
“Facebook Analysis To Confirm Its Competitiveness In A Defined Market Essay”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
hilpertjackie added comment 1 year ago
Student rated this paper as
Excellent paper! Used it to finish an assignment for a business course. It was easy as ABC, for the first time in my life.

CHECK THESE SAMPLES OF Facebook Analysis To Confirm Its Competitiveness In A Defined Market

Marketing Analysis on Facebook

...and purchasing power of its users to the advertisers. PART B: Company Analysis for Facebook (Resource and Competencies, Value Chain, Cultural Web Analysis) 2.1 Resources and Competencies of Facebook The resources and competencies of an organization are found to make a difference of 70-80% in its profits (Swisher, 2008). This is especially true in the case of a market that is dynamic, changing and has intensive competition (Sinisalo, 2007). In the light of the above environmental analysis of macro factors and the Porters’ 5 Forces analysis of the industry specific micro...
20 Pages(5000 words)Assignment

Strategic Analysis of Facebook Inc

... of customers and their perception regarding social networking (Rutledge, 2008). Target Market On the basis of the segmentation basis defined earlier, the prime target market for the company is young and college going students, who has some positive attitude regarding social networking. Moreover, Facebook also cater different type of profit and non-profit organizations, who wants to make a group or community of its customers for their strategic purpose (Weinberg, 2009). SWOT analysis of the organization SWOT is one of the most crucial tools adopted by the business organizations for the purpose of appraising their internal business environment. As per this framework there are four crucial aspects of the business operations... ?Running Head:...
11 Pages(2750 words)Term Paper

Confirm Client Developmental Status

...” and learns the value of “perseverance and diligence” in developing self-competence (95) in whatever craft a child is interested with. The inferiority develops when the child is made to feel that it is incapable of completing and mastering the tasks. The fifth stage is the identity versus identity confusion stage that emerges during adolescent years. Erikson believes that this is the stage when adolescent discovers and decides his or her own identity including likes and dislikes, desire and will to control owns life, and the sense of purpose or role in the community. The virtue of fidelity is told to develop at this stage which is defined by Erikson as the “ability to sustain loyalties…in spite of the inevitable...
8 Pages(2000 words)Essay

Confirm and refute

... human rights that people are given to enjoy could also be used as refutation to the claim. Confirmation There can be said to be several passages, events and quotations that amplifies the wisdom and factuality in the position taken by the author as condemning the evil and sinful choices that humans make in life. Generally, all humans are born into societies that have varying moral standards, defining what is good and evil (Lutgen-Sandvik, 2010). Because are born into these moral standards, we have very limited opportunities to asking questions as to why we should complain, but often come to align ourselves with complying. To this end, our intuition and conscious helps in criticizing us when we are heading for evil and sinful paths... about...
5 Pages(1250 words)Essay

Analysis of competitiveness of Chinese textile in EU market

...Economic Dissertation 2 Analysis of competitiveness of Chinese textile in EU market. The paper analyses the strength of the Chinese Textile and Apparel industry in the Global market and the competitiveness of the industry particularly in the EU market. The emphasis is on the strategic advantage of domestic structure of the Chinese textile industry, and the economic conditions which induces the growth with competition from the emergence of textile industry in other parts of the world. There is growing competition in the entry into the EU market; which is one of the main areas of expansion...
12 Pages(3000 words)Essay

Market Competitiveness for SOEs in China

...guarded steps as the government continues to hold on to a large number of ‘State Owned Enterprises’ (SOE). China has made significant progress towards a market oriented economy, but parts of its bureaucracy is still wary of releasing its control and tend to use protectionist measures for many of the SOEs. The majority of the policies of such enterprises are dictated by the government. This study is an effort to analyze the performance and competitiveness of such enterprises as compared to the prevailing international standards under the globalization and economic liberalization. 1.3 Scope and Context of the Dissertation Scope and context of this study will include: 1....
45 Pages(11250 words)Essay

Cars and Trucks of Logan

...Market Competitiveness Strategy Compensation approach is now becoming a very important racket in the car industry. This is evident among the three car companies namely Wilson motor, Axtell Taylor, and Murdock Hyundai. This essay discusses the different compensation approaches these three companies employ in their trade. They are selected as subject since they belong to the same enterprise. These three car companies employ different compensation strategies. The method of Wilson motor is to offer the highest spiff with a minimum of 120 which is way higher than its two competitors. They believe this is the enthusiastic way of gaining profit. Axtell Taylor approach is through offering a high...
1 Pages(250 words)Essay


...and scrutinize Facebook and its varied features. It will begin with Facebook as a business and determining its industry from different aspects. Second, it will move to some information about Facebook, as well as details, such as Facebook background and some other facts. Third, this paper will go through a rundown of different business theories and strategies that Facebook uses like SWOT and PEST analysis, for instance. Fourth, this piece will take a look at Facebook data via explaining market share and financial issues. Fifth, we’ll be defining the...
5 Pages(1250 words)Essay

Market Competitiveness

.... It will help the organizations that are incapable to pay competitive salaries to its employees due to inadequate financial resources. Employee compensation is a key aspect in order to determine the market and industry competitiveness of a business. On the other hand, employee compensation also determines the productivity and effectiveness of an employee. As the salaries and wages contribute significantly to the income of employees therefore, the comfort, emotion, health and physical wellbeing of people is very much dependent on it. This has the insinuation that, firms that are unable to pay competitive salaries to their employees it may result...
3 Pages(750 words)Research Paper

Ethical Analysis: Facebook Privacy

...1) Identify the ethical actor (who took the action that you will to the ethical test. Almost all situations have multiple ethical actors, including the "victim". Pick one, if available, whose action is not clearly ethical or clearly unethical; these make for more interesting discussion) The ethical actor that will be used for the test here is Facebook itself. It is not clear whether it was just exercising its rights to amend the SRR by acting as a private company or whether it was acting unethically by misleading users about the security of the website. 2) Identify the action that is being reviewed for its ethical consequences/nature (being specific as to the action allows application of your ethical standard). The action here... is that...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Facebook Analysis To Confirm Its Competitiveness In A Defined Market for FREE!

Contact Us