Facebook Vs. Competitors Arguably, Facebook Research Paper

PAGES
7
WORDS
1954
Cite

While Facebook attempted to address some of these issues by ensuring that the user was able to adjust his privacy settings in order to restrict third party access if that was necessary, the company continues to have privacy issues even nowadays. With the continuous development of Facebook applications, these have become increasingly vulnerable and more difficult to control when it comes to the information that third parties are able to obtain about a certain user ID and individual (Steel, 2010). It remains clear that privacy continues to remain an issue with the business model at Facebook, most importantly because sharing information on the users and allowing companies to use these in their marketing and advertising campaigns is such an intrinsic element in the business model that Facebook is working on. With that in mind, the challenge for Facebook is to address the privacy issues that potentially arise while remaining both profitable and legal.

The Road ahead

The partnership that Facebook struck with Microsoft for the exclusive use of Bing in its pages gives an interesting perspective on the road ahead for Facebook. It seems clear that the company is planning to complement its core social networking part of the business model with elements such as search and different applications that can add value to the model. With that in mind, Facebook will likely continue to develop new applications and instruments that will facilitate the interaction between consumers and suppliers, notably between individual users and corporate...

...

Lee, Ed. February 2010. Facebook's Business Strategy. On the Internet at http://edlee.ca/2010/02/19/facebooks-business-strategy/. Last retrieved on October 29, 2010
2. Facebook Press Room. On the Internet at http://www.facebook.com/press/info.php?statistics. Last retrieved on October 29, 2010

3. Gaudin, Sharon. October 2010. Facebook offers new tools, changing way users share information. Computerworld. On the Internet at http://www.computerworld.com/s/article/9189725/Facebook_offers_new_tools_changing_way_users_share_information. Last retrieved on October 29, 2010

4. Hempel, Jessi. April 2010. Facebook vs. Google: Game On. Fortune. On the Internet at http://tech.fortune.cnn.com/2010/04/21/facebook-vs.-google-game-on/. Last retrieved on October 29, 2010

5. Hall, Starr. April 2010. Facebook vs. Google. Business Insider. On the Internet at http://www.businessinsider.com/facebook-or-google-2010-4. Last retrieved on October 30, 2010

6. Vercillo, Kathryn. MySpace vs. Facebook.. On the Internet at http://hubpages.com/hub/MySpace-vs.-Facebook. Last retrieved on October 30, 2010

7. Steel, Emily; Fowler, Geofrey. October 2010. Facebook in Privacy Breach. The Wall Street Journal. On the Internet at http://online.wsj.com/article/SB10001424052702304772804575558484075236968.html. Last retrieved on October 30, 2010

Sources Used in Documents:

Bibliography

1. Lee, Ed. February 2010. Facebook's Business Strategy. On the Internet at http://edlee.ca/2010/02/19/facebooks-business-strategy/. Last retrieved on October 29, 2010

2. Facebook Press Room. On the Internet at http://www.facebook.com/press/info.php?statistics. Last retrieved on October 29, 2010

3. Gaudin, Sharon. October 2010. Facebook offers new tools, changing way users share information. Computerworld. On the Internet at http://www.computerworld.com/s/article/9189725/Facebook_offers_new_tools_changing_way_users_share_information. Last retrieved on October 29, 2010

4. Hempel, Jessi. April 2010. Facebook vs. Google: Game On. Fortune. On the Internet at http://tech.fortune.cnn.com/2010/04/21/facebook-vs.-google-game-on/. Last retrieved on October 29, 2010
5. Hall, Starr. April 2010. Facebook vs. Google. Business Insider. On the Internet at http://www.businessinsider.com/facebook-or-google-2010-4. Last retrieved on October 30, 2010
6. Vercillo, Kathryn. MySpace vs. Facebook.. On the Internet at http://hubpages.com/hub/MySpace-vs.-Facebook. Last retrieved on October 30, 2010
7. Steel, Emily; Fowler, Geofrey. October 2010. Facebook in Privacy Breach. The Wall Street Journal. On the Internet at http://online.wsj.com/article/SB10001424052702304772804575558484075236968.html. Last retrieved on October 30, 2010


Cite this Document:

"Facebook Vs Competitors Arguably Facebook" (2010, October 30) Retrieved April 23, 2024, from
https://www.paperdue.com/essay/facebook-vs-competitors-arguably-facebook-7232

"Facebook Vs Competitors Arguably Facebook" 30 October 2010. Web.23 April. 2024. <
https://www.paperdue.com/essay/facebook-vs-competitors-arguably-facebook-7232>

"Facebook Vs Competitors Arguably Facebook", 30 October 2010, Accessed.23 April. 2024,
https://www.paperdue.com/essay/facebook-vs-competitors-arguably-facebook-7232

Related Documents

MARKET ANALYSIS & PRODUCT INNOVATION Market Analysis and Product Innovation: Facebook Inc. In an increasingly competitive environment, business organizations must remain innovative. They must deliver offerings that resonate with the ever changing needs of the consumer and the operating environment (Akbar & Tzokas, 2013). This often calls for product innovation, which has been marked as a crucial driver of competitive advantage in the contemporary marketplace (Song & Chen, 2014). Nonetheless, product innovation

Google is an information services company that makes most of its money in online advertising. The company owns the world's #1 website by traffic (Google.com) and several other top websites in Blogspot and its nation-specific search sites (Google.de, etc.). Google has a number of different product/service offerings including online advertising, the Chrome web browser and the Android mobile operating system. Revenues last year were $37.9 billion and net income was

Google Introduction and Description of the Company Organizational Structure Industry Analysis Value Proposition Financial Performance Figure 1.1 Revenue and Net Income Growth TOWS Strategies BCG Matrix Leadership Alliances Measures Google is a highly successful Internet company that makes most of its money through online advertising. It has been able to achieve this success through a combination of leadership and culture. The company's many strengths are in general aligned with the opportunities that exist in the marketplace. As a result, Google has the

Social networking industry is entering a period of maturation, and this will have significant impacts on the way we approach entering this market. Maturation of the social media industry comes in two forms. The first is that user growth is beginning to slow for many social networks, and there are fewer niches for new entrants to occupy and build a user base. Google + famously failed to attract a user

Selling Australian Wine to Overseas Market Integrated Marketing and Communication Plan Australian Wine is on the rise in relation to quality and production because of free market status in the country. This has seen the transfer of labor and expertise from across Europe help boost the wine industry in Australia. The Australian Wine is intensely competitive in the world's market making it among the largest wine exporters globally. The Oz Wine Exporters

Value Chain in Social Media Monitoring According to the value chain construct developed by Michael Porter, value is created by an organization through a fairly straightforward yet many-part array of primary and support activities (VBM, 2011). In this model, firm infrastructure, human resource management, technology development, and procurement all provide support to the primary activities of an organization, which can generally be broken down into the constituent parts of inbound logistics,