Facebook, the Corporation

In: Business and Management

Submitted By jcrume2468
Words 1959
Pages 8
Facebook, the Corporation
Joni C.
MGT 344
Dr. D. Hanks
November 28, 2011

When specific principles are implemented in an organization that allow free flow of information, freedom to try out new ideas and innovations, with a positive, open culture, beautiful things happen. This in turn makes for happy employees, which has a huge impact on the company's bottom line.
Facebook is one such company that has attracted countless employees because of the founder's mission, optimism for the future, motivation and empowerment of his employees. His principles will be reviewed in this paper, however, the resources organizations use to grow their business will be discussed first.
Organizational Behavior states that all of the resources that an organization possesses pale in comparison to the capabilities, knowledge and skills that employees bring to the firm. Organizational behavior is defined as the actions of individuals and groups in an organizational context. Those actions are guided by the organization as they focus on acquiring, developing and applying the knowledge and skills of people which is managing organizational behavior. The company can then organize and manage people's knowledge and skills effectively to implement the organization's strategy and gain a competitive edge, known as strategic OB approach. The value a company puts on their largest asset, human capital, can make or break the success of an organization. There are three factors that influence the behavior and the basic value of people within a firm, some of which will be discussed in conjunction with Facebook. Organizational factors include the culture, work environment and adaptability of a firm. Interpersonal factors involve the leadership, communication, decision-making skills and the intra- and intergroup dynamics concerning communication. And individual factors

that have to do with…...

Similar Documents

Facebook

...like Facebook, Twitter, Pinterest and MySpace, etc. In the virtual community, people can suggest their ideas; people can share their experiences and photos; people can trade with each other. Facebook is one of many social networking tools available which is considered popular due to its versatility in what can be shared-everything from installing and creating fun applications (e.g. movie quizzes) to posting photos of your recent family reunion (Bernadette 8). This is correct format for an MLA in-text citation. Facebook gives us a lot of benefits in our lives. Facebook has changed our world and influenced our futures. What can people do on Facebook? They chat, share photos (more than 250 million new ones each day!), post videos, stay in touch and share personal news, play games, plan meetings and get-togethers, send birthday and holiday wishes, do homework and business together, find and contact long-lost friends and relatives, review books and recommend restaurants, support charitable causes.... In fact, there’s very little people can’t do on Facebook. It’s sometimes called a social utility.” Where does this quote begin? Like a power grid, it provides the supporting infrastructure for the constantly changing everyday activities of hundreds of millions of users, 24 hours a day, 7 days a week. The amount of activity on Facebook is almost inconceivable. Every month, users add 30 billion pieces of content (comments, photos, Web links, blog posts, videos, etc.) to Facebook.3......

Words: 1139 - Pages: 5

Facebook

...Facebook: A great privacy issue It is said that the opposites attract each other. However, this fact does not apply to the social media giant, Facebook. The idea of publicity and privacy do not comply with each other. There are millions of people who use Facebook to socialize with their family, friends and relatives, share photos, and connect to various events and causes and to foster their business. Currently, there are 845 million active users on Facebook and the number is constantly increasing because this social networking site enables people to socialize and serve other purpose at an ease and free of cost. However, it does cost users to share valuable and sensitive information regarding their personal lives, their contact information and so on. Facebook collects data and other information to find old friends and relatives and users also find it helpful. But not many users understand that how their personal data is being used or to what other sources is this data being distributed. Many users on Facebook are unaware of the use of privacy settings that the Facebook provides. A study shows that nearly 13 million users have never set or did not have any knowledge regarding privacy options. It means whatever data is shared by them, be it their personal information or photos that they share can be accessed by many other people apart from their friends. And the recent studies and research also show that these privacy settings are not even safe enough to keep personal data......

Words: 1941 - Pages: 8

Facebook

...Facebook Facebook is one of the most successful social networks ever made. What ever happened to one human being going up to another and using face-to-face interaction? Over billions of people have a Facebook account, including myself, and spend countless hours on this addictive website. This website has caused a lot of controversy with adults who have kids that are absolutely obsessed with their Facebook. In “Dad’s Encounter with the vortex of Facebook,” written by Michael Duffy, he discusses some issues he has with Facebook. He explains that the site Gives teens an illusion of privacy, has a dark side, where stalking and cyber bullying takes place and most of all that it’s a waste of time. I couldn’t agree more with Michael issues about Facebook. Michael Duffy claims that teens have an illusion of privacy on Facebook. In other words, as he states in his article, “Teenagers think their lives are private just so long as their parents aren’t tuning in.” Since these teenagers have this illusion that their Facebook is private, they think they can say and post statuses as well inappropriate pictures and they think there won’t be any consequences from this. For example, I had a friend who went to a party and took pictures of herself drinking alcohol, smoking marijuana, and dancing inappropriately on numerous guys. She then posted the pictures she took from the party from the other night, thinking her parents would never see the photos. It turns out she had an older cousin......

Words: 1124 - Pages: 5

Facebook

...Facebook is a big time waster By Abraham.joseph, Dubai, United Arab Emirates More by this author Email me when Abraham.joseph contributes work Image Credit: Joseph B., Mesquite, TX The author's comments: I wrote this for english class and thought I would share it. During the first decade of the 21st century a popular and new word has come into our vocabulary. That word is Facebook. This is the most popular social networking website on the internet. If you haven’t heard about Facebook until reading this, then you must have been in a coma for the last 5 years. There are about 350 million active users on this website. The main idea of Facebook is that you can keep in touch with all your friends around the world who has Facebook. You can send messages to your friend’s electronic wall, put up a status saying something like “Going to the mall, need to get a new pair of shoes” or “it’s finally the weekend! :)”. In the 350 million users on Facebook, 67% of them are between the ages of 13 -25. More than 35 million users update their status every day. 2.5 billion Photos are added each month. The highest age groups who use Facebook are teenagers. Most of them keep the website running whenever they are using the computer and general teens nowadays are always on the computer, if they aren’t in school/college or when they aren’t asleep. I feel that teens should be focused on their school work or be socializing with their friends in person or exercising. Facebook is just......

Words: 1305 - Pages: 6

Facebook

...Facebook James L. Horton Should your company have a Facebook page? Do you have a choice? Facebook started as a way for college friends to get to know each other, but it departed academia a while ago. Many well known and not so popular brands have Facebook pages -- whether they know it or not. Friends and fans have put up pages using brand names and logos. Consider company D (purposely left nameless). Dealers of this company’s branded goods have Facebook pages dedicated to company D with as many as 80,000 fans. Hundreds of individuals also have put up Facebook sites using Company D’s name. Or, consider Company X. Company X has an active Facebook page with a wall filled with press releases and information that are probably posted on its web site as well. X claims 779 fans. How many are employees, how many clients and how many people looking for jobs? Company Y claimed 297 fans at the time of writing. However, beyond links to the firm’s web site and a brief statement about the company, there is little of interest for friends and fans. There were only two items on its wall, one a photo posted five months before. The company apparently has little idea of what to do with its site and is making no effort to keep it up. On the other hand, Company Z, a major auto manufacturer, had 39,600 friends of one its autos at the time of writing. This active site has fans, employees, critics and potential purchasers posting on the company’s wall. However, the firm makes and sells more than......

Words: 1883 - Pages: 8

Facebook

...Facebook and Identity Construction Khadija Ali Introduction Background of Facebook Identity Construction Identity Construction through Facebook The birth of the internet has changed the traditional conditions of identity construction. As the corporeal body is separated from social encounters in the online environment, it becomes possible for people to interact with one another through the Internet in text mode alone that has nothing to do or does not reveal anything about their physical attributes. Furthermore, even in situations where the audiovisual mode is used in contacts via the Internet, anonymity can be maintained through withholding information regarding the personal background, like the name, residence and institutional affiliation of a person. The combination of disembodiment and anonymity result to a technologically-mediated environment where a new mode of identity construction emerges (Tennyson, 2008). The model of identity represented in social networking sites such as Facebook, Friendster and MySpace was criticized by Alice Marwick. Marwick argues that the finite profile options in this social networking sites are greatly too limiting than with the diverse open-ended ways that people express themselves in face-to-face contact. According to Marwick, “the rigid profile structure encourages the user to present him or herself in a way that is partly constructed by the application, not the user”. She emphasized that the type of identity......

Words: 830 - Pages: 4

Facebook

...Topic : Facebook 1~ Introduction 2~ The positive and negative sides 3~ How people use Facebook 4~ The reason why I choose it 5~ Conclusion 6~ References Introduction Facebook was created in 2004 by Harvard student Mark Zuckerberg. The website was intended to be an online version of the University's printed Facebook, a directory of new students. At that time, membership to the website was limited to Harvard students only. In a month's time, Facebook grew to include other Ivy League students as well, and within a year had over 1 million users. By the end of 2005, Facebook expanded to include, first, a network of 800 colleges and universities, then high schools, and then international students. In time for the fall semester of 2006, Facebook began accepting membership of anyone over the age of 13. According to Facebook's press room , the social networking site currently has over 90 million active users. Facebook is a privately owned company headquartered in Palo Alto, California. Mark Zuckerberg, age 24 and a Harvard drop-out, is ranked 785 in Forbes Magazine's list of the world's billionaires, with a net worth of approximately $1.5 billion. 2. The positive and negative sides: Although Facebook was created with the concept of allowing students and young adults to share their common interests, but with time it has lost its true essence. Started often as a time pass, it becomes an addiction which is......

Words: 1038 - Pages: 5

Facebook

...Research Paper Contents 1.0 Introduction 1.1 Key Questions 2.0 Methods 2.1 Primary Research. 2.2 Facebook Privacy Questionnaires. 2.3 Internet research from Facebooks own Help and Information pages 2.4 Confirm the validity of information obtained on Facebooks pages from alternative Internet resources. 2.4 Privacy issues and guides sourced from Library sources. 3.0 Results & Discussions 3.1 Facebook a short History 3.2 Survey Results 3.3 News Media discussion on Privacy/Trust 4.0 Further Discussion & Conclusions 4.1 Privacy 4.11 Facebook Adverts 4.12 Facebook Applications and 3rd Party Applications 4.2 Trust 4.3 Recent Events Regarding Privacy 4.31 What has not changed? 4.4 Final conclusions 5.0 Bibliography 6.0 Appendix List of illustrations’ Fig 1: Total Internet Usage Fig 2: Targeted advertising Fig 3: Advertising Demographics Fig 4: Age related targeted advertising Fig 5: Online gaming advertising Fig 6: Facebook Applications and 3rd Party Applications Fig 7: New Privacy Announcement Fig 8: New Privacy Update Fig 9: Privacy Sharing Fig 10: Privacy Search 1.0 Introduction Is the growth in Social Network websites a good thing? With new services from Google and Microsoft soon to join the established social networking sites Myspace, Twitter, Bebo, Plaxo and Facebook are users right to trust these companies (in all cases Global Corporations) with their personal data. What are these Social Networking sites using this data for now and......

Words: 3780 - Pages: 16

Facebook

...Teenagers and Facebook - has it gone too far? Social Networking hasn’t been around for that long, the first one ever was launched in 1997 called SixDegrees.com. It allowed users to create profiles, list their Friends and, beginning in 1998, surf the Friends lists. Nowadays the most popular Social Networking site is Facebook, with over 400 million active users, and a large percentage of them being teenagers. Almost every teen has their own account because it has become a very convenient way to communicate with one another, share pictures and even now play games. It is no doubt a very fun site to go on, but after all the hours spent, it is clear to say that Facebook is a huge distraction for teenagers and used to a way too high extent. Before 2006, Facebook was a website strictly for college students and the user had to have a college e-mail address in order to use the website. This policy changed when the website gained popularity and became available to everyone over the age of 13, giving high school students access to it. When an average high school student returns from school, he or she will immediately log on to their Facebook, spend hours updating their status, uploading pictures, commenting on them chatting with friends and beating their friends scores in games. By the end of the night, to themselves they have made quite an accomplishment, yet in the real world they have done absolutely nothing. Their homework still remains untouched and now, being all tired...

Words: 880 - Pages: 4

Facebook

...Primary Research. 2.2 Facebook Privacy Questionnaires. 2.3 Internet research from Facebooks own Help and Information pages 2.4 Confirm the validity of information obtained on Facebooks pages from alternative Internet resources. 2.4 Privacy issues and guides sourced from Library sources. 3.0 Results & Discussions 3.1 Facebook a short History 3.2 Survey Results 3.3 News Media discussion on Privacy/Trust 4.0 Further Discussion & Conclusions 4.1 Privacy 4.11 Facebook Adverts 4.12 Facebook Applications and 3rd Party Applications 4.2 Trust 4.3 Recent Events Regarding Privacy 4.31 What has not changed? 4.4 Final conclusions 5.0 Bibliography 6.0 Appendix List of illustrations’ Fig 1: Total Internet Usage Fig 2: Targeted advertising Fig 3: Advertising Demographics Fig 4: Age related targeted advertising Fig 5: Online gaming advertising Fig 6: Facebook Applications and 3rd Party Applications Fig 7: New Privacy Announcement Fig 8: New Privacy Update Fig 9: Privacy Sharing Fig 10: Privacy Search [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] [pic] 1.0 Introduction Is the growth in Social Network websites a good thing? With new services from Google and Microsoft soon to join the established social networking sites Myspace, Twitter, Bebo, Plaxo and Facebook are users right to trust these companies (in all cases Global Corporations) with......

Words: 3798 - Pages: 16

Facebook

...Professor Wolfe English 101 16 November 2009 Facebook Facebook is one of the largest online social networking sites in the world. People of all ages and countries use Facebook as a way to communicate with each other. Furthermore, the launch of this site has changed the way we talk to one another, both on a personal and cyber level, in addition to how we are hired for a job. The sudden influx in popularity of the Facebook site has also changed our sense of privacy. We will post pictures of underage drinking and other various illegal or profane actions, but feel that we are not revealing too much because our actions are confined to the privacy of our Facebook friends. We change our profile pictures and post information, all creating an image of how we want others to perceive us. Facebook has changed the people communicate with one another, and privacy should not be a concern when using the site because it is the user’s decision who can access their information. Facebook was created by a man named Mark Zuckerberg. Actually, the term “man” could be used loosely, Mark is a mere twenty-three years old (Newmark). Zuckerberg attended Harvard University and created Facebook in his dorm in 2004 (Newmark). “The first month the site went ‘live’ in 2004, half of Harvard’s undergraduates signed up. Its popularity spread to other Boston-area campuses including MIT, Boston University and Boston College. By December 2004, the number of Facebook users surpassed one million”......

Words: 3488 - Pages: 14

Facebook

...Facebook Facebook was not originally created to be a company. It was built to accomplish a social mission - to make the world more open and connected. -Mark Zuckerberg A social networking service launched to the public known as Facebook, changed how we keep in touch today. Facebook connects more people then any other single network. Posted in the office, fingers on the keyboard, anticipating and waiting, on September 26, 2006, Facebook was open to anyone over the age of 13 with a valid email address. Suddenly, I was a Facebook member and the feeling felt so great. Mark Zucherberg wrote a program called Facemash in 2003, while attending Harvard University. Zucherberg didn’t think much of his newly found creation. What Zucherburg thought would be something unextraordinary, in a matter of minutes, throughout all of Harvard, Facemash, what later turned into “Facebook”, attracted 450 students and 22,000 photos uploaded in the first four hours online. Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Harvard took action in the commotion and dropped charges against Zucherburg. Initially, Facemash was restricted to Harvard University students only, eventually opening to all Ivy League schools and many more to come. Facebook has affected me substantially. Having a Facebook before having a phone gave me the access to connect with friends by posting photos, thoughts, and......

Words: 564 - Pages: 3

Facebook

...scorecard for Facebook. It will take into account ascertainment of the strategic objectives of Facebook as a whole, and also develop distinctive objectives within each of the aforementioned perspectives for the unit. To start with, the basis of the different perspectives of the balance scorecard is with respect to the vision, mission and strategic objectives of Facebook as an organization with individual custom metrics and targets. Facebook Inc.’s Strategic Objectives STRATEGY Customer Satisfaction Continuous Innovation Increase in Revenue Generated Facebook Brand Management STRATEGY Customer Satisfaction Continuous Innovation Increase in Revenue Generated Facebook Brand Management VISION “People use Facebook to stay connected to friends and family, discover what’s going on in the world, and share and express what matters to them.” VISION “People use Facebook to stay connected to friends and family, discover what’s going on in the world, and share and express what matters to them.” MISSION “Facebook's mission is to give people the power to share and make the world more open and connected” MISSION “Facebook's mission is to give people the power to share and make the world more open and connected” The following chart indicates the balanced scorecard of Facebook Inc., taking into account the four different perspectives. Strategy Objectives | Measures | Key Performance Indicators (KPIs) | Benchmarks | Facebook Brand......

Words: 3940 - Pages: 16

Facebook

...Facebook is the world’s largest social network, with over 500 million users. Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends Dustin Moskovitz and Chris Hughes to help build Facebook, and within four months, Facebook added 30 more college networks. The original idea for the term Facebook came from Zuckerberg’s high school (Phillips Exeter Academy). The Exeter Face Book was passed around to every student as a way for students to get to know their classmates for the following year. It was a physical paper book until Zuckerberg brought it to the internet. With this success, Zuckerberg, Moskowitz and Hughes moved out to Palo Alto for the summer and rented a sublet. A few weeks later, Zuckerberg ran into the former cofounder of Napster, Sean Parker. Parker soon moved in to Zuckerberg’s apartment and they began working together. Parker provided the introduction to their first investor, Peter Thiel, cofounder of PayPal and managing partner of The Founders Fund. Thiel invested $500,000 into Facebook. With millions more users, Friendster attempted to acquire the company for $10 million in mid 2004. Facebook turned down the offer and subsequently received $12.7 million in funding from Accel Partners, at a valuation of around $100 million. Facebook continued to......

Words: 685 - Pages: 3

Facebook

...Introduction Facebook is founded in 2004, by Mark Zuncherberge as a network for Ivy League schools. It is a website design for social networking which build online communities of people having shared interests. Competitive advantage Facebook’s competitive advantage is dependent on how well they adapt to their ever-growing pool of competitors. Facebook have achieve competitive advantage over its rival that has strengthens and positions its business better within the business environment. Innovation The combination of innovation from the developers and the Facebook team’s effort to retain user engagement. Constant creation of new gimmicks to retain user attention (e.g. The Like button). Facebook developed the concept by allowing people to show their attachment to communities of various religious, political, social, work. Zark was a Manager who don’t run facebook mainly for revenue “It’s not because of the amount of money. For me and my colleagues; the most important thing is that we create an open information flow for people. Having media corporations owned by conglomerates is not just an attractive idea to me.” –Mark Zuckerberg. For example, the offers to buy Facebook off Zuckerberg have been numerous, however, Zuckerberg refused to sell Facebook for years, turning down lucrative offers and choosing instead to nurture his business. Likewise, Zuckerberg waited years longer to go public than many figured, timing Facebook's debut perfectly as demand for the IPO is......

Words: 595 - Pages: 3

[request_ebook] solution manual of International Financial Management | haelnews.com | 16.05.1621:12 Uhr Charlie Mole - Dads Army Soundtrack256 kbit/s 0 / 03.901 Hits VID P2P DDL 0 Kommentare