Business Level Strategy : Facebook

According to the official website of Facebook, the company mission is to make the world more open and connected. In addition, the site explain that people use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them (Facebook Newsroom Key-Fats, 2013). Facebook Platform enables developers to build social apps that enable people to connect with their friends, whether it is through playing a game, watching a movie, sharing their favorite restaurant, or listening to a song (Facebook Newsroom Platform, 2013). Based on the Team grading platform Facebook received an overall 19 out of 30.

The company defines their mission as “to give people the power to share and make the world more open and connected.” Facebook helps people stay connected with their family and friends, discover the developments across the world, and share and express their opinions with others. A venture capital firm called Accel

In nearly every corner of the world, someone cannot walk down the street without seeing someone texting, talking or using the internet. Recent advances in our ability to communicate and process information in digital form— a series of developments sometimes described as an "IT revolution"— are reshaping the economies and societies of many countries around the world (“TECHNOLOGY AND GLOBALIZATION,” 2016). One of the main changers has been Facebook itself. Facebook is possibly one of the most well-known public corporation in our world today. With over 901 million users worldwide and with over 488 million users who access Facebook through the mobile app. It is an essential need for a lot of individuals out there. Launched in 2004 by Mark Zuckerberg, Dustin Moskotvitz, Chris Hughes and Eduardo Saverin at Harvard University, Facebook is now estimated to be worth $200 billion dollars. Facebook has changed the world in positively in so many ways and keeps us all connected to family/friends from anywhere around the world. Facebook and technology are co-related. Essentially, technology was the component that brought Facebook in this world.

Facebook is one of the top social media platforms with more than 1.23 billion active users worldwide. 62% of the 1.23 billion users log in on a daily basis making it the best medium to reach for new customers. Today, businesses both big and small use Facebook as an advertising source to help their brand expand.

Facebook is a social networking site that is free of charge for its users. It allows the individual the opportunity to stay connected with friends and family, sharing updates, photographs and user status. The company grosses more than $1 billion per quarter in advertising revenue and online games (Ritholtz, 2014). In this respect, Facebook is much more that a social network. It is a versatile and sophisticated corporation that has revolutionized the way people share their lives and communicate. Their mission is “to give people the power to share and make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what’s going on in the

I got my Instagram account when I was in the ninth grade. I fell immediately in love with this app. On Instagram, you upload pictures to your account. People can like your picture. If you upload really good pictures, users can gain a lot of new followers of their accounts. Instagram is also used as a major marketing tool. Many large corporations have used Instagram to get their product well known to the world. Instagram has also led to the decrease in Facebook users as well. Instagram does not have an age restriction on its users. Many Facebook users are under age, therefore making Instagram more popular. Also, Facebook has your information out in the open, when Instagram is completely the opposite. Instagram has a privacy mode. In this mode, users are only allowed to see the other user’s name and picture. I have heard many people on Facebook getting hacked or stalked, and I have never heard that from an Instagram user. Everyone wants to feel safe while online, so I believe Facebook needs to take notes from

In this day and age, social media has become an integral part of our lives. It has created a platform for people to share information instantly and communicate with people all around the world. Facebook is the most outstanding example of successful social media network. According to the first quarter 2015 earnings announcement by Facebook, the site has achieved 1.44 billion active users per month, and 65% of which are daily active users. Other social networking sites such as Twitter, Instagram and LinkedIn are also a powerful means of communication. With such a large audience, social networking sites provide ample opportunities to acquire information, network, and connect with friends.

However, Twitter came into the scene in 2006 which is the same thing just using the hash-tags in every ending sentence, what sets Twitter from Facebook is that it allows users to post limited Tweets comments registered users can read and post tweet on there, but unregistered users can do nothing just read what the other people post on there. Users can read four tweets in the time it would take to read one Facebook comment. Twitter even has a simpler profile page which shows the users tweets in large font on the left of the page. While online on Facebook this where you see lots people go into crazy mode doing something completely funny, they post a status of themselves and put a funny photos or video's from the vine's video show how ridiculous they are, sometime they put news related articles stuff. Facebook is known in the world where people are flirting with cute girls they just message other back every 24 hours. With so many users, Facebook and Twitter is the most popular social networking sites that the internet has to offer. It may have some advantages such as connecting with friends and family, However, these social medias can have a lot of negative effects that maybe harming

Initially, Mark Zuckersburg , Dustin , Chris and Eduardo launched Facebook in Harvard in 2004 started with Facebook Wall. Facebook started with 1 million users from the Harvard , Yale , Stanford and Columbia university campus and then they concentrated to more university campus to growth for the company. The company then over the years have evolved design layout of Facebook and making more and more easy to use by concentrating overseas and local users and now they have 86% of total users are outside the USA and Canada. The company have launched Facebook video , Platform launches , Video calling , Facebook Search, Messenger , acquisition of Instagram and atlas and Whatsapp and Oculus and Facebook paper , trending in Facebook and many more. The key strategy of Facebook in past was to expand the social network and innovate new technology to make it more effective so that users can share and connect with people through Facebook. Also Facebook is concentrating in innovation starting with oculus - the virtual Reality. The increasing amount of data created by users and to maintain the data and finding the data patterns from the data is among the biggest challenges the company is facing. To provide the security to each account and help users to maintain their privacy is also a big challenges in today's world. Currently Facebook is on the top list of Social network services and they

Facebook is an online social networking service. Users have to register to use the website, after that Facebook provides a bunch of features such as setting up their own personal profile, adding other users as friends, exchanging messages, and receiving notifications automatically once their friends update their personal profile.

Facebook remains to be one of the most innovative social media network available. It first solely functioned as a messaging network for people around the globe, but now it has penetrated the digital marketing field and even solved various crime cases. It

Facebook is a social networking website that enables and allows the users to share information online. Individuals create accounts at

Facebook has been operating almost worldwide. Facebook is more popular than other social network like Twitter and Instagram .Facebook has over one billion active user from around the world.The number of user is increasing every year since its inception. To increase the number of user, Facebook has created a application set up for smartphone. This application has been downloaded over a billion.

Social media has taken the world by storm. Facebook currently has more than 1 billion active users, which is three times the number of people who live in the US. With so many people using Facebook it comes to no surprise that it has been made to have a negative influence from concerns over privacy, to people spending hours on the site and ultimately becoming addicted to it. But Facebook can also be a useful tool when used correctly, it helps people stay in touch, make new friends and it cures boredom.

Social media has made communication a lot more easier than ever before. Now, with a touch of a button people could communicate with anybody any where in the world. Websites such as Facebook makes communication with others an easy task. Facebook improved commucnication and even made communication a better experience. Facebook allow peole to share photos, post comments, and view people’s personal information. With almost 500 million users accounts, facebook is considered to be one of the most popular social media websites,most of the people use it as a substitute for real life human interaction.