StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Contemporary Management Issues: Facebook - Essay Example

Comments (1) Cite this document
Summary
The contemporary world due to the urge of applying cost effective and proper managerial strategies has resulted to varied intriguing issues evidenced with global corporations. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
Contemporary Management Issues: Facebook
Read TextPreview

Extract of sample "Contemporary Management Issues: Facebook"

Download file to see previous pages Facebook and Instagram are two corporations that have engaged in a skimming relationship whereby the former has resulted to extravagant spending with the intention of neutralizing competition from the latter. Facebook as a company wants to acquire ways of improving its managerial functions. This has prompted it to acquire the services of Instagram for a one billion dollar deal, which based on the latter’s revenue is literally too high. Instagramis one of the competitors in business in terms of photo shopping and uploads. It offers a range of advertisements in photo and pictorial applications especially in social networking, hence attracting large pool of global fans especially youths. The intent of Facebook to purchase its competitor’s services is a central way in which the company would gain efficient managerial grounds besides dominating the market. This paper will focus on the contemporary management issues arising from the contractual concurrence amid Facebook Corporation and Instagram. egram. The contemporary management issues concerning the situation between Facebook and Instegram One of the outstanding business practices in the world today is competitive advantage strategy. This is the fundamental way of winning the trust of a customer besides large pool of global fans especially in social networking. Managerial departments of companies in the present world regard quality management as one of the primary issues of gaining competitive advantage in the market (Mabry, 2012, pp.66). Under this, the management regards meeting customers’ needs as the essential way of gaining efficient managerial practices and competitive advantage. For example, the scenario that prompted Facebook to engage in the one billion-dollar deal was due to Instegram’s better photo applications. During that period, most of the photo users preferred using services of Instagram rather than Facebook, hence bringing in competition whereby the latter can only neutralize via purchasing it all together. Since, this will grant it adequate and strong base to dominate the market besides enhancing its applications. Starting up a business is not always an easy event in the life cycle of an existing institution. The management departments always look onto ways of improving their services at lowest costs possible (Montana, 2008). Businesses in the present world improve their services by adopting different supplementary services. This is because management always wants to have the most outstanding services compared to those of one’s competitors within their industries of operation. For example, in the case of Facebook and Instegram, the former wants to acquire enhanced services with the intention of being at higher position than its competitors are. This is a modern strategy of skimming against actions of lesser and emerging players. This applies in order to gain an upper hand in business operations. Additionally, Facebook intended to beat its competitors like Google, which is an emerging threat in terms of picture applications. Customers asserted that Facebook pictures were becoming boring, which yielded to the corporation’s move of intending to purchase a lesser player’s services. Another primary strategy that arises in the present management world also involves an increase in customer awareness in the business field. The increasing knowledge of customers in the market implies businesses are ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Contemporary Management Issues: Facebook Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Contemporary Management Issues: Facebook Essay Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/business/1490168-facebook-buying-instegram-for
(Contemporary Management Issues: Facebook Essay Example | Topics and Well Written Essays - 1500 Words)
Contemporary Management Issues: Facebook Essay Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/business/1490168-facebook-buying-instegram-for.
“Contemporary Management Issues: Facebook Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/business/1490168-facebook-buying-instegram-for.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
wi
willtheresa added comment 1 year ago
Student rated this paper as
Excellent paper! Used it to complete an assignment for a business course. It was easy as ABC, for the first time in my life.

CHECK THESE SAMPLES OF Contemporary Management Issues: Facebook

Implementing Schedule of Time Management

...Running head: PHASE 5 INDIVIDUAL PROJECT PHASE 5: Individual Project Affiliation October 2008 How often have you heard it said that planning is waste of time? No sooner is the plan completed than someone comes along to change it. These same naysayers would also argue that the plan, once completed is disregarded and merely put on the shelf so the team can get down to doing some real work. To people management, we mean the planning activity that involves deciding on the types of people in form of resources that are required to fulfill the requirements of the project. In other words the types of skills and number of workers we need to complete the project (kwysocki, 1997). Whenever we talk about the methods involved in the project management...
6 Pages(1500 words)Coursework

Change Management

.... In this case, it is important for managers to familiarise themselves with what actually constitutes resistance to change so that they can address the underlying causes and how to reduce them. There are a number of reasons why persons may resist change within any one given organisation. First of all, some people may resist change because they do not understand the effects that may arise out those changes. This is usually the case when managers have not gone out of their way to explain these effects to the important stakeholders. Consequently, in order to avoid the risk that may arise out of that change, employees would rather resist it first. Managers can deal with this problem by clarifying out issues before hand. (Kirkman, 2000...
10 Pages(2500 words)Coursework

Contemporary American Catholic Homiletic Theory and Practice

...Overview of Contemporary American Catholic Homiletic Theory and Practice Luke 4:16-21 The foundation moment in Christian preaching is written in Luke4:16-21, when Jesus went into the synagogue in Nazareth and stood up to read the scroll of the prophet Isaiah “and he begun by saying to them, ‘today this scripture is fulfilled in your hearing’”. (Luke 4:21) Upon the ripening of time, Jesus stood at that moment as the prophetic speaker proclaiming God’s scriptural Word, declaring the fulfillment of the prophecy in Isaiah in his person. He spoke in revelation of the fulfillment of written words to a congregation, laying down the foundation of Christian preaching that has since been the basic implement in the sustenance and propagation...
6 Pages(1500 words)Case Study

Diversity Management in Organisations

... that all workers enjoys the equivalent chances of development and authority within the place of work and not merely to those workers who adds their input to multiplicity, is compulsory for the effectual managing of diversity in organization. Integrating the contemporary organizational ethnicity while planning a “diversity management program” may perhaps be one way for recuperating discernments of multiplicity management by all workers and attaining the most optimistic result for place of work diversity. (SIAS, Patricia M., 2008) 3.2 Impact of Organizational Ethnicity on diversity It is must for a HR manager to be aware of the fact that proponents of office diversity have endlessly endured the positive advantages of assemblage assortment...
6 Pages(1500 words)Case Study

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

People, Organisations and Management

Organizations and their management styles have evolved to a great extent in the service and manufacturing industry over the last century, and so have been the concepts of management and its functions. These evolutions can be traced to significant developments brought about by the industrial revolution, scientific management principles such as Taylorism and Fordism, transition of feudalistic to capitalistic approach and others in different sectors of manufacturing industries. However, the beginning of the industrial revolution was characterized by a rigid hierarchical bureaucratic way of organizing business enterprises, a style prevalent even today but only in military service organizations. Nevertheless, the manufacturing and busi...
8 Pages(2000 words)Assignment

Contrast of Two Explanations of Social Disorder in Contemporary UK Society

As the process of urbanization takes off and more people start residing in major cities, the fissures start to appear within the apparent harmonious co-existence. There are several reasons why disorderly conduct on part of individuals and groups takes place. Sociologists have proposed numerous theories explaining this phenomenon.

Erving Goffman was an astute observer of society, who immersed himself in the social environment which he was studying. He carefully observed and recorded the ways in which people’s behavior and interpersonal interactions are carried out in everyday life. He notes that “people perform their social roles and, as they do so, they produce social order through their actions and the regu...
6 Pages(1500 words)Article

Self Assessment: Conflict Management Style

... and workforce. They can place demands on their employees without properly compensating it. The employees, on the other hand, can also abuse the management by setting up unlikely demands themselves, make poor decisions and then when faced with improper actions, get off the hook. In short there will be a number of issues in the workplace that can cause dissatisfaction of both, and without consideration on ethical principles, satisfactory employee-employer relations will be almost be impossible. In addition, instead of arriving at a common goal, it will rather be a win-lose situation. 3. Which of the previous three principles would you want the company that you work for to adopt? Why? If I were to choose for a certain company that I...
7 Pages(1750 words)Essay

Management Theory and Practice in the Early Childhood Education Industry

...Management Theory and Practice in the early childhood education industry This Report applies management theory into practice in the early childhood industry, especially in the context of women leaders. Management issues play a significant role in the academic sector, because early childhood professionals need higher levels of motivation in order to avoid burnout . As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more...
6 Pages(1500 words)Coursework
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 Contemporary Management Issues: Facebook for FREE!

Contact Us