¶ … Asset to Society?
In February 2014, Facebook will be celebrating ten years of having connected people worldwide. By then, it is expected that the number of users benefiting from its system would increase beyond today's point of over 1.15 billion. Of this number, quite a substantial percentage is occupied by profiles belonging to companies, public figures, representatives, etc. To put it otherwise, Facebook seems to have become the engine to which most individuals relate to one way or another. While it is often referred to as a social network, the service does not actually provide the continuity that socializing, in its intrinsic terminology, attains. However, certain features do become helpful tools in providing relevant information and bringing people together for a specific purpose. For example, an organization fighting to raise awareness in regards to a specific cause, like cancer, can increase its odds of achieving success by using the hashtag technique to link together topical posts. Likewise, Facebook can serve as a powerful instrument for educational support for anyone interested, from students,...
The flow of information on this specific social network is likely to keep people updated more so than they would be otherwise using other sources. This is to say that Facebook has gone beyond its initial step of easing communication between friends, family, and strangers separated by distance and has become an influent economical factor. It was noted in 2012 that, for Europe, a €15.3 billion value had been added to the economy due to Facebook supporting employment, advertising, business markets, etc. (Allan, Facebook Brussels) Thus, what this particular social network has managed to achieve is not an economy in itself but rather has worked to make the rest of the economy more productive. But it does not stop there. Politicians use Facebook as means to create and nurture a bonding relationship with supporters while they can also advertise any of their initiatives. In fact, the network has influenced politics in the past and is working on new developments to extend its influence by creating such apps as "MyVote" and ?I'm Voting, ? each with affiliated partnerships. Thus, politics becomes…
Business -- Corporate Finance -- IPO Facebook Provide a brief description of the company you chose, its main business and operational activities and a short synopsis of the main developments of the company over the past few years Facebook, Inc. is a global social networking company building and employing tools and applications for communication among its users on computers and mobile devices. Incorporated in 2004, Facebook, Inc. has approximately 5,299 employees and
Employee Privacy Torts History of Employee Privacy Changing Trends of Employee Privacy Impact of Innovative Technology on Employee Privacy Role of Social Media towards Employee Privacy Impact of Changing Community/Society on Employee Privacy Adaptation to the new Environment pertaining to Employee Privacy Employee Monitoring and Surveillance Laws and Employer Policies for Text Messaging and Social Media Electronic Communication Privacy Act Monitoring of Employee Conversations over Telephone & Email Recommendations for creating Effective Policies Future Implications of Employee Privacy As years have passed and
As will be discussed, this has serious implications for security issues on both a personal, organizational and corporate level. A central concern is that, as the number of users increase online so does the potential threat of invasion of privacy in many insidious forms. This can lead to serious ethical infringements of privacy, such as fraud and identity theft. As Miyazaki, and Fernandez ( 2001) emphasize; This rapid growth (of the
business2community.com/social-media/2012s-ten-worst-social-media-Disaster-0370309 Using contemporary illustrative examples from academic literature and reputable business publications, discuss the concept of "Social Business" and the resultant opportunity and challenges that are currently being faced by the retail industry globally. Concept of Social Business Concept of Social Business with Retailers Social Media and Retailing Best Practices in Administering Social Media There is a growing body of research that confirms that companies of all sizes and types can realize a wide array
Razak, (2012) point out that internet has assisted SMEs to integrate social media in SMEs marketing strategies globally. Typically, internet has become accessible to billion of people globally, and the phenomenon has revolutionized the use of social media for business advantages. Razak, (2012) point out that 75% of internet users use social media to carry out various activities such as linking to shopping site, and since 2007, social network has
Most well-known was Robert Scoble of Microsoft. With the 2004 U.S. Presidential elections, blogs' growth accelerated dramatically as nearly every news network, candidate in both U.S. Senate and House of Representative races, and political pundit has their own blog competing for the publics' attention. The era of 2004 to today in fact has created a blogging industry that is pervasive in its availability of publishing platforms (USC Annenberg School of