A full case study analysis of Facebook Essay Example | Topics and Well Written Essays - 1500 words

A full case study depth psychology of Facebook - Essay ExampleThe web station has made itself available in more than 70 vernacular languages and massive amplification was achieved as most of the users were outside the U.S.A. and Canada. In 2012, the company made its first public offering and has challenging plans for the future.Political Government actions can have significant negative impact on the profitability of facebooks future expansion. For instance, the Chinese government has banned the website from China and the governments of multiple nations like Germany has raised a mend that collecting user information by the company is a breach of security.Economic Facebook has been able to adduce strong growth even during the period of recession and its revenue has increased significantly from $731 million in 2010 to $1,584 million in 2012 (Rothaermel and Taylor, 2014). Additionally the rising level of internet penetration in developing countries is bestow to its active users regul arly.Social Social tastes and preferences of consumers regarding the usage of social media are changing drastically which is largely visible from the rising popularity of other social websites like Twitter, LinkedIn and Instagram. In the U.K. particularly it has been noted that facebook had lost around 2 million users mainly belonging in the teenage group.Technological As of now, Facebook does not have the technological expertise of Google which is in a better position to generate revenues from the online advertisement market. Google+, another social networking site is technologically more advanced than Facebook (Rothaermel and Taylor, 2014).Threat from buyers Customers for facebook are the advertisers who pay the company to post their ads on the website. sure estimates of facebook show that $7.64 billion is expected to be earned from the advertising revenues even by charging higher equipment casualty to them (Rothaermel and Taylor, 2014). This implies that the current customer