Facebook And Its Impact On College Students

his talents initially to take stabs at other students by creating “Facemash” with fellow Harvard

Social media is a huge platform that many people use as a social outlet to communicate among others. The more popular websites like Facebook, Twitter, and Instagram have long existed and given users a way to stay connected with family and friends. However, there has been an ongoing debate about the positive and negative effects that it tends to have on different generations. While many in today’s society believe that social media can be unhealthy due to its ability to become addictive, there are also many benefits to utilizing this platform. Over the course of this paper I will be discussing the effects that social media has on college students. More specifically, I will be arguing that social media has a positive impact on college

Facebook is a major social networking site that connects users through text, post, and video all over the world. It was created by Mark Zuckerberg on February 4, 2004 at Cambridge, Massachusetts. It now has about 1 billion users and has grown to become the second most popular site ever. Facebook has enabled many people to communicate and share things online like never before. In can also raise support or awareness for a cause through facebook. This of course shows

Most of today 's Internet users are active in so many different social networks just to list a few of the most common ones are Facebook Myspace and twitter and there are so many more that the list could go on. These sites specialize in connecting people, either by letting them send messages or pictures or by enabling them to play online games together and comment on each other 's walls or photos. These social networks have enormous popularity because many people are engaging in this kind of online activity on social networks, they have enormous benefits of either Facebook 's strategy of keeping in touch with old friends or Twitter 's idea of seeing what current friends are up to with a certain success, and more and more people are signing

This company’s business model is about collecting personal information. The personal information should be kept in secret and not given or sold to a third party. Facebook is one of the company that gather detailed personal data about its users giving them up on a platter to advertisers (Farrell 2015). Moreover, not only the advertisers want the data, but the NSA and other U.S. security agencies as well. They use the information for surveillance and other purposes which it is a violation of the right for privacy.

2. I chose to use Facebook, Inc. for this essay because the company managed to demonstrate that the dot.com era was not over, as it simply evolved into something different and more mature. Social networks are currently one of the most impressive investment opportunities and they have experienced significant progress in recent years as more and more individuals come to think that not having a Facebook account is somewhat equivalent to not

This report gives an examination and assessment of the current issue(s) confronting Facebook, Inc. The major area of weakness require further investigation and remedial action by management. The analysis conducted does have some limitations. Some of the limitations include: cost figures and absolute profit margin were not provided due data limitations as not enough information was not available. Facebook has a controlled framework in place to ensure that website access is effective, efficient, and provide value for its stakeholders. A significant deficiency in the organization business model, though still strong, is susceptible to its future probability: the single source revenue. This issue will pose a major problem for

Upon examining the positive and negative components of Facebook, Inc.’s SWOT Analysis, a number of issues have been highlighted which the company must address in order to remain relevant and maintain its leading market position. It is recommended that Facebook continue with its Research and Development to increase it capabilities in combatting cybercrime that victimizes its consumers. Facebook is not present in every single country around the world. So, it is recommended that Facebook continue to negotiate with various governments to open markets where it has minimal or no presence. Another recommendation is that Facebook diversify its business to reduce its market risk exposure while making full use of other sources of revenue to keep the company growing.

Threat of New Entry: Threats of new competitors or new entry is difficult is not an order for the cost to setup site or company, but on the one hand that Facebook the largest company in the social networks in the world, and claimed to be the largest share of the market in this area, and receiving a billion active user each month, that the presence of real rivals is very difficult in the social networks and access to a suitable place in this market, or access to the region where Facebook arrived or nearby, but therefore is on competition strong between Facebook and other sites, the only networks that got to the point or close to Facebook is Twitter which work hard and difficult to get to appear near Facebook position, the new networks appear eventually die after period of time because of the small number of users or lack of revenue of money to keep alive.

In analyzing its most recent quarterly report, Facebook generates a significant amount, approximately 85%, of its revenue from online advertising; a major portion of that come an increasing mobile device usage. Additional revenues comes from fees associated with its payments infrastructure that enable users to purchase virtual and digital goods from its platform developers and that amount per the company own annual report has becoming immaterial in recent periods. The overwhelming dependence on a single source of revenue unsustainable and will eventually reduce the company’s

It has been said that “If you’re not paying for the product, you become the product” (If using a free products, 2012). Like many other social media companies, this particular idea has been trapped in to Facebook. Facebook has a user base of 1.15 billion monthly active users (Facebook User Base, 2013) and its growing rapidly. There are many rumors and continuous allegations that Facebook is selling user’s information to marketing and advertising firms. And the biggest concern is that this selling or sharing of user’s private data to third parties is happening without user’s proper knowledge or consent (How Facebook sells your personal Info, 2013). All the users of Facebook are bound by the terms and conditions that company has put in their long user policy documents which are hard to read and many new users just agree to it blindly. Regardless of the percentage of truth- the sharing of user’s data without telling user sounds unethical. This has been a serious point of tension lately between social network, online retailers, and those who care about privacy.

Facebook generates a significant amount of its revenue from advertising and from fees associated with their payments infrastructure that enables users of Facebook to purchase virtual and digital content from developers. Facebook’s has a Market Capital of $240 billion and an Enterprise Value of $234 billion. Key financial statistics from the company’s 2014 annual 10-K report shows recorded revenue of $12.47 billion, income from operations of $4.99 billion, and net income of $2.94 billion. Facebook operates in a world of innovative competition, global political focus, shifts towards smaller screen devices, growth in global markets for online advertising, virtual goods, social commerce, and a wealth of opportunities. As the industry continued to grow and develop, U.S. social games players had all eyes on Asia where companies had innovated in terms of monetization models, new platforms like mobile and game content. Strategic analyses of Facebook’s resources and capabilities are performed, finding that it is in lock-in and ability to imitate

As reported by Shih (2010), in The Facebook Era, “more than 750 million people around the world are on social networking sites,” where they seemingly spend more than 20 billion minutes a day. With so many people spending time on social networking sites, it only seems logical that these sites might be used as a stage for marketing, sales, employment prospects, and making business contacts, just to name a few possibilities.

Facebook transformed society in many ways including: how people communicate, how they spend their time, how politicians campaign, and how businesses and consumers interact. Facebook is one of the largest social media websites that allows users to communicate, connect, and share with their friends and family. Facebook was launched in 2004 to exclusively Harvard students, but in 2006, it allowed anyone was 13 or above to have an account. Though Facebook was only launched in 2004, it has about 1.7 billion users who spend about 50 minutes each day on this social-networking website.

Facebook is one of the most popular social networking sites, was founded in 2004 by Mark Zukerberg and his college roommates. Today, Facebook has users three times the