Facebook's Slide (Autosaved)
Facebook's Slide (Autosaved)
Facebook's Slide (Autosaved)
Philippians 3:7
But whatever were gains to me I now consider
loss for the sake of Christ
Current Situation
• Vision & Mission
“To give people the power to share and make the world more open and
connected”
• Objectives
1). stay connected with friends and family
2). to discover what’s going on in the world and
3). To share and express what matters to them
Current Situation
• Strategies :
1). Invest into development of users’ security to avoid cyber-
attacks and maintain its users
2). Develop a professional networking site
3). Invest into data analysis to understand its consumers, trends
and privacy development
Analyze the Environment
• Integration with websites and apps • Increasing number of people using Facebook
through mobile devices
• More than a billion active monthly users
• Expansion to china
• Excellent users experience
• Diversify sources of revenue
• Understanding of user’s needs and behavior
• Open Facebook marketplace
Strategy
Strategy concerns
• increase security and privacy
requirement for social media
Choose the best three alternatives
• cost
The best alternatives
Continue
User
research and Reducing
Confidence
development cyber-crime
(R&D) increases
CONCLUSION
• However, this SWOT analysis points out a number of issues that the company must address
to maintain its growth and profitability. For example, it enables other firms to compete in the
online advertising industry.
• Also, Facebook is a prime target for cybercrime.
These issues require strategic management initiatives to maintain the company’s status as
an attractive venue for online communication and information dissemination.
• It is recommended that Facebook diversifies its business to minimize market risk exposure
while exploiting possible additional sources of revenues to keep the organization growing.
• Another recommendation is that the company must continue its research and development
(R&D) investments to increase its capabilities in counteracting cyber crime that victimizes
users of social media services. The business must also continue its efforts in negotiating with
governments to open up markets where it currently has minimal or no presence