The Effects of Social Networks on Firm Performance - Research Paper Example

Comments (1) Cite this document
This research presents some facts and discussions in relation to social networks and social capital and their effect on firm performance based on the following literature review. This report focuses on the performance of a firm through managerial decisions from the perspective of social networks…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
The Effects of Social Networks on Firm Performance
Read TextPreview

Extract of sample "The Effects of Social Networks on Firm Performance"

Download file to see previous pages The paper tells that in the field of product development the inter organization networks can be very effective for the joint discussion about the product. Many new and small firms have lack of resources for the development, mainly due to inexperience and a lack of goodwill. Thus as a way of competing and grabbing a foothold in such a scenario involves bootstrapping, which involves activities for securing funds and resources. By using social networks such companies can gather finances, by building up strong ties in the initial stages and later on weak ties as they grow big. CEO’s of different firms have been known to have taken advice from outside through social networking. In this way they seek to get an outside opinion and an altogether different perspective regarding certain strategic issues. These enhance the performance of the firms. Another important aspect which is emerging slowly is the concept of a local social capital where an individual who values more of his local contacts, even though he has global contacts. This is relevant mainly in case of local entrepreneurs. Thus according to scientists, people with more and better social capital will be able to realize their goals. Ranging from contracts to building goodwill and securing finances, social capital is the priority in all types of endeavors around the globe. Social ties have been found to regulate exchanges through an informal and interpersonal way and they help to push back the limitations of a weak infrastructure, especially in the case of a financial crisis. (Sheng et al, 2011, p. 1). The study is to provide several facts and discussions in relation to social networks and social capital and their effect on firm performance based on the following ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Effects of Social Networks on Firm Performance Research Paper”, n.d.)
Retrieved de
(The Effects of Social Networks on Firm Performance Research Paper)
“The Effects of Social Networks on Firm Performance Research Paper”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
carmelahirthe added comment 1 year ago
Student rated this paper as
I had an issue with a research paper types of works. All until I came across this website and this particular essay. Even though "The Effects of Social Networks on Firm Performance" is far from my interests, the structure is so great that I use it all the time as an example for my own works.

CHECK THESE SAMPLES OF The Effects of Social Networks on Firm Performance

Social networks

..., specifically in the influence of attitudes of individuals with key debates that are created. By examining this, there is the ability to draw conclusions about mass media and how it can use communication effectively with social media for stronger influences. Literature Review The social networks that have emerged in the last two decades are continuing to influence the behaviors and trends of those interested in the networking. This literature review will examine the main ideologies of social networks and how they are emerging into new forms of connecting with others. Specifically, there will be an understanding of how social networks have changed, what has developed and how this is influencing mass media and communication... which has grown...
12 Pages(3000 words)Research Proposal

Social Networks

...?[Your full September 21, Social Networks Social network sites (SNSs) are the websites that function like online communities of people who use the internet (Boyd and Ellison). There are a lot of SNSs which allow the internet users to take their membership for free and socialize with other members regarding hobbies, career, religion, fashion, politics etcetera. The users read the profile pages of other members, share views and ideas, give comments and contact them via their profiles. In short, an SNS is a great means of bringing people of same wave length together and socializing with the outside world. People create their profiles which...
4 Pages(1000 words)Essay

Firm performance

...?RUNNING HEADER: Firm Performance Firm Performance BY YOU YOUR SCHOOL INFO HERE HERE Firm Performance The Calculations The following illustratesthe calculations performed to determine the most viable scenarios for the firm: Total Variable Cost = (50,000 workers x $80) + $400,000 = $4,400,000 per day Average Variable Cost = $4,400,000 / 200,000 = $22 Now total fixed costs have to be calculated. Total Revenue = Total Costs Output Price x Output Units = Total Fixed Costs + Unit Variable Cost x Output Units $25 x 200,000 = (TFC + $22) x 200,000 $5,000,000 = (TFC + $22) x 200,000 $5,000,000 = total revenues...
3 Pages(750 words)Research Paper

Social networks

...of trust in order to interact with an individual who is on the other end of the internet service. Most of the people who interact on social networks are people who have not yet met physically, yet there is a tendency to share information with the other individual. The purpose of this essay is to show the relationship between social networking networks and the effect that the social networking networks have on relationships and people in general (Scott, n. p.).  Literature Review and Methods The main methods that have been used in this research include questioners and also conducting...
6 Pages(1500 words)Essay

Social Networks

... create and watch pornographic sites while the real issue still remains unresolved. Security threat has been even much rampant in the social networks than any where else. Such places have acted as breeding grounds for crimes which have continued to be prevalent despite efforts made by various governmental and non governmental agencies to curb such cases (Zittrain, 2008). Ways of Launching a Cyber Attack There are numerous ways through which cyber attacks can be launched just as there are several effects of cyber attacks. Examining the ways through which cyber attack can be launched is essential for any cyberspace user and even general computer users. One of the ways through which cyber attacks occur is through malware generated... parties...
7 Pages(1750 words)Research Paper

The Effects of Entrepreneurial Orientation on Firm Performance

...The Effects of Entrepreneurial Orientation on Firm Performance Executive Summary This paper deals with the study of the effects of entrepreneurial orientation on firm performance. In recent times, especially with the growth of globalisation and other such factors, the performance measurement standards and parameters have changed. This has also led to a significant change in the factors that are now used within the operational sphere of an organisation in order to affect the firm performance. It has been said that in order to be effective, one must be affective. This has...
12 Pages(3000 words)Essay

Firm Performance: Path Dependent

...performance of the firm. This definition only focuses on the financial part whereas firm performance can also be related to how happy its employees, suppliers and customers with its services. In this paper, I will be holding a stakeholder’s perspective and consider firm performance as a combination of financial and social performance. To illustrate this construct further, I will be using the model developed by North (1990) as shown in Figure 1: Figure 1: Firm Performance Model (North, 1990) The reason for our choice of defining firm...
7 Pages(1750 words)Essay

Social networks

...SOCIAL NETWORKS Social Networks Affiliation At this time, almost all the business organizations believe that the Internet is a valuable tool or technology for accessing worldwide markets as well as extending their reach to the worldwide customers in a better way. On the other hand, numerous attributes of the way business organizations or individuals perform their daily tasks and carry on at this time are determined through the gigantic web of electronic networks that was in the past acknowledged as the information superhighway but at the moment it is called the Internet. The Internet is a huge set of networks that is...
2 Pages(500 words)Essay

Effects of social networks among youth

...The Effects of Social Networking among the Youth Haneen Alfityani Rosemont College 1400 Montgomery Ave Rosemont, PA 19010 Email: Tel: 4847161926 Introduction Social networking has been an extremely important popular phenomenon in the recent years especially amongst the younger generation. It’s key to success is it being one of the easiest and fastest way for the youth to communicate with each other and the world at large. The younger generation can be considered the highest users of social networking. Social networking websites today doesnt only allow one to...
7 Pages(1750 words)Research Paper

Social Networks

...Since their introduction, the social networks have swept away the market through their presence. All the major activities are seen to be handled by and helped by the social networks. The future will be no different and will provide similar platform of success. The social networks have allowed for keeping the different stakeholders in contact. It has made the reach to the organizations and the business industries easier to one another. Jayson DeMers in her assessment has stated that United States Small to Medium scale enterprises have in majority already equipped themselves with the services of the social...
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 Research Paper on topic The Effects of Social Networks on Firm Performance for FREE!

Contact Us