Facebook is an online social networking website founded by Mark Zuckerberg along with his fellow Harvard College roommates Andrew McCollum, Dustin Moskovitz, Eduardo Saverin, and Chris Hughes. The website allows you to create your own wall on which you can share images, personal information, videos etc. Through the site’s messaging feature persons are able to connect with friends, families and many other people around the globe. The success and popularity of the website has attracted over a billion users including businesses who use it to promote and build relationships with their customers. Facebook is ranked number two amongst major social networking websites, boasting over 1.44 billion monthly active users. In addition to its initial and core platform, the company has acquired other successful platforms including Instagram and WhatsApp and currently, its growth is only increasing in terms of popularity and revenue. Facebook has greatly affected the lives and activities of people worldwide, whether it be personal, business, or politics. The External Environment Scan The General Environment The general environment is composed of forces that exists outside a company in the broader society that has an indirect influence in an industry and the firms within it. Although a company has no control over these forces, they evaluate the segments of the general environment to predict trends, changes and recognize opportunities and threats. The segments of the general environment
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Facebook was launched on February 4, 2004 by nineteen year old named Mark Zuckerberg (Carlson). In 2010 it became one of the most popular websites in the world, visited by over 400 million people per month. The sudden popularity of Facebook was so extraordinary, that a movie called “The Social Network” came out telling the story of its development (The Social Network). This site created an innovative way for its users to exchange messages, post status updates, post photos, and join common interest groups. In addition to that users can like and comment on
Mark Zuckerberg is the Founder, Chairman and CEO of Facebook. He founded Facebook out of his dorm room at Harvard as a 19 year old, with friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. Today, he is responsible for the overall direction of the business, and setting the strategy for the product. He leads the teams working on the design and development of Facebook’s core services, technology and infrastructure (Newsroom.fb.com, 2017). Started in 2004, Facebook had over 21 million registered users by 2007, with over 1.6 billion page views every single day (Ellison, Steinfield and Lampe, 2007). As of December 2016, this number had risen to 1.86 billion monthly active users on the website (Investor.fb.com, 2017).
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
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 the biggest social media network on the internet with a massive following which continues to expand. Mark Zuckerberg alongside his college roommates created and launched the world’s most popular social media site on 4 February, 2004. Zuckerberg previously developed other sites for fellow students to
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.
A lot of people use social media to talk to friends and family in their everyday lives. One of the most popular among these sites is Facebook. Mark Zuckerberg is the CEO of Facebook which is a social media website with over one billion users. In 2013 its revenue topped over $6 billion. Mark launched the website while he was still in college and has since exploded in popularity and it’s easy to see
Facebook is estimated to have over 845 million users, mostly college-aged young adults. Its explosive growth and reputation in social networking have made it not only a market leader, but also a household brand name. The audience is global (excluding China) and the site has now been translated into 70 different languages.
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.
Originated in Cambridge, MA, on February 4, 2004, Facebook was created by Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin, Andrew McCollum, and Chris Hughes. Mark Zuckerberg says he created Facebook because, “…. my goal was to help people understand what was going on in their world a little better. I wanted to create an environment where people could share whatever information they wanted, but also have control over whom they shared that information with” (Zuckerberg). Facebook already had about twelve hundred to fifteen hundred users a day after it was launched in Harvard University.
Facebook is the most popular social networking websites with over one billion users since 2004 when Mark Zuckerberg came up with
It 's clear that social media has grown dramatically over the last few years and that with more than 800 million active users, the number of Facebook users is easily more than twice the size of the entire population of the United States!
Facebook is the utmost popular social interacting site of all time. Within six years, Facebook has experienced affected growth—it has about touched more than a billion users and is still growing quickly.
The component of business external environments, the general environment represents the forces that exist outside of the company that have the potential to indirectly affect it in some way. Although businesses cannot control what takes place within the general environment, evaluations of the general environment can allow businesses the opportunity to predict changes and also to identify future opportunities. The dimensions are grouped into seven environmental segments: demographics, economics, political/legal, sociocultural, technological, global, and physical (Hitt, Ireland, & Hoskisson, 2015).
Twitter is a social media app where teens can share and experience what’s going throughout their lives and what’s going on throughout the world. People can use twitter in many ways, they can share pictures and other people’s tweets or they can simply tweet about what they want. Twitter was created in March 2006 by Jack Dorsey, Evan Williams, Biz Stone, and Noah Glass. The app can be retrieved through any smartphone and the cost of it is free. Twitter is like Facebook, you can post any type of pictures and comments on both apps, but there are certain things you cannot post on Facebook like more revealing pictures that you can on twitter. Twitter is worth around 30 billion dollars and has around 500 million tweets per day. Anyone can use Twitter, there is no age restriction to use twitter like Facebook, which is 13. Twitter is known to be for much more of a mature audience because it can contain inappropriate things that Facebook usually blocks out. This is not to say that twitter can’t be used for much positive things that can benefit your kid’s every day.