Facebook Porter’s Five Free Essays

Porter’s five forces analysis has become a pervasively adopted framework for industry analysis, which can be used to examine the competitive intensity and attractiveness of a market or a company. The social networking companies gradually come into the spotlight of the business world in recent years, which was especially featured by the significant event of Facebook’s IPO on May 18, 2012. In such circumstances, it will be extremely interesting to apply the five forces analysis to gauge this giant and even unfold some hints that why this star company has been struggling in the stock market since it went public. We will write a custom essay sample on Facebook Porter’s Five or any similar topic only for you Order Now Although it has been a tough time period for Mark Zuckerberg, the more transparency and disclosure of the company’s financial as well as operational information available for the capital market provide us much more useful resources to put Facebook under our microscope of five forces analysis. The Bargaining Power of Customers (Strong) With regard to customer aspect, it might be taken for granted that we are referring to billions of active users on this website. But when we look further into this company and its product, the surprising truth is that the users and their personal information are actually the product rather than the customer, at least from the financial standpoint. Advertising composes 84% of the company’s total revenue, which was $1. 18 billion for the second quarter of 2012 according to its official financial reports. Then we found out that the advertisers are Facebook’s real customers, and what confronts this company is a fiercely competitive market. Although Facebook declared that 70% of its advertising campaigns resulted in a return on ad spend of 3x or better, and 49% of campaigns showed 5x or better, Facebook adverting is still generally undervalued by the marketers given the factor of being the last ad viewed or clicked before a conversion outweighs all other criteria, and Facebook advertising usually comes into play earlier in the conversion funnel. In addition to the low cost to switch to other advertising media, there’s no wonder that the advertisers have gained relatively strong, if not dominant, bargain power with continuously debating the value of Facebook advertising. The Bargaining Power of Suppliers(Medium) Compared to the customers’ bargain power, Facebook is standing at a regnant position with thousands of common-sense suppliers playing in its arena. It may be noticed that I use common-sense to categorize such kinds of suppliers providing hardware, software, and services Facebook need to run their business, like Zynga. On the other side, it might be interesting to scrutinize another set of suppliers in terms of Facebook’s product, that is, the users of the website. Yes, those are the users who establish their social network and feed in their personal information, which make up of Facebook’s product and determine its success. In accordance with Facebook’s operational highlights of second quarter 2012, monthly active users on its website have notched 955 million as of June 30, 2012, which was an increase of 29% year-over-year. But taking the whole social networking market and even the internet into consideration, it will be difficult for Facebook to maintain such steady increase of its user base. Actually, the increase pace has gradually slowed down in recent quarters, observed by multiple sources. Additionally, the users with more education and experience have been reluctant to share excessive personal information on the website to protect privacy and prevent from possible solicitation. After all, Facebook still serves as the mostly visited social networking website and is therefore in demand of diversified supplies, so we could regard the bargaining power of suppliers as medium level. The Threat of Established Rivals(Strong) As discussed, the social networking companies are facing a fully competitive market. Besides Facebook, there are several other main players, including LinkedIn, Google, Yammer, Myspace, etc, as well as hundreds of small websites focusing on specific segment or providing general social networking services. For example, LinkedIn has built up a professional network into a can’t-miss destination with millions of member professional. The year-over-year revenue growth for LinkedIn was very remarkable at over 80% for the last two years, and it has continued to see strong revenue growth beating analyst estimates. LinkedIn has shown an even more robust business model compared with Facebook. Rather than solely relaying on advertising income, LinkedIn also has considerable revenue from job postings and subscriptions, which help the company to grow its revenue at a notable rate and avoid stagnancy. In this sense, Facebook may have more struggles to improve its user experience and spur revenue growth especially compared with its competitors, and the threat of established rivals is absolutely strong. The Threat of New Entrants(Strong) For new entrants to social networking market, the technical barriers are barely insignificant and Facebook’s most advantage might be its current huge user base. But such advantage is also easy to be mimicked by other Internet giants who already have stable visitor stickiness like Google. Google launched its social networking and identity service, Google+, in June 2011. As of September 2012, it already has a total of 400 million registered users of whom 100 million are active on a monthly basis. Instead of presenting as a social player consisting of not just a single site, Google has been able to provide an overarching layer integrating many of its current online properties. Illustrated by Google’s story, the threat of new entrants to social networking market for Facebook is quite strong and even thrilling if we recall the ever-changing world of internet business. The Threat of Substitute Products(Weak) Finally, the threat of substitute products to social network website including Facebook is not obvious yet. Facebook’s current user base still shows a strong stickiness and its continuous innovation also help it satisfy the user’s social networking needs well. But considering Facebook is essentially a social network that allows users to stay in touch with their friends, there are so many products or services could potentially address it. Especially if we observed the booming market of mobile networks, services like Buzzd, Twango and Dada may grow up to be a real threat in the near future. Overall, the threat of substitute products is medium based on the analysis above. How to cite Facebook Porter’s Five, Essay examples

Facebook Porter’s Five Free Essays

Porter’s five forces analysis has become a pervasively adopted framework for industry analysis, which can be used to examine the competitive intensity and attractiveness of a market or a company. The social networking companies gradually come into the spotlight of the business world in recent years, which was especially featured by the significant event of Facebook’s IPO on May 18, 2012. In such circumstances, it will be extremely interesting to apply the five forces analysis to gauge this giant and even unfold some hints that why this star company has been struggling in the stock market since it went public. We will write a custom essay sample on Facebook Porter’s Five or any similar topic only for you Order Now Although it has been a tough time period for Mark Zuckerberg, the more transparency and disclosure of the company’s financial as well as operational information available for the capital market provide us much more useful resources to put Facebook under our microscope of five forces analysis. The Bargaining Power of Customers (Strong) With regard to customer aspect, it might be taken for granted that we are referring to billions of active users on this website. But when we look further into this company and its product, the surprising truth is that the users and their personal information are actually the product rather than the customer, at least from the financial standpoint. Advertising composes 84% of the company’s total revenue, which was $1. 18 billion for the second quarter of 2012 according to its official financial reports. Then we found out that the advertisers are Facebook’s real customers, and what confronts this company is a fiercely competitive market. Although Facebook declared that 70% of its advertising campaigns resulted in a return on ad spend of 3x or better, and 49% of campaigns showed 5x or better, Facebook adverting is still generally undervalued by the marketers given the factor of being the last ad viewed or clicked before a conversion outweighs all other criteria, and Facebook advertising usually comes into play earlier in the conversion funnel. In addition to the low cost to switch to other advertising media, there’s no wonder that the advertisers have gained relatively strong, if not dominant, bargain power with continuously debating the value of Facebook advertising. The Bargaining Power of Suppliers(Medium) Compared to the customers’ bargain power, Facebook is standing at a regnant position with thousands of common-sense suppliers playing in its arena. It may be noticed that I use common-sense to categorize such kinds of suppliers providing hardware, software, and services Facebook need to run their business, like Zynga. On the other side, it might be interesting to scrutinize another set of suppliers in terms of Facebook’s product, that is, the users of the website. Yes, those are the users who establish their social network and feed in their personal information, which make up of Facebook’s product and determine its success. In accordance with Facebook’s operational highlights of second quarter 2012, monthly active users on its website have notched 955 million as of June 30, 2012, which was an increase of 29% year-over-year. But taking the whole social networking market and even the internet into consideration, it will be difficult for Facebook to maintain such steady increase of its user base. Actually, the increase pace has gradually slowed down in recent quarters, observed by multiple sources. Additionally, the users with more education and experience have been reluctant to share excessive personal information on the website to protect privacy and prevent from possible solicitation. After all, Facebook still serves as the mostly visited social networking website and is therefore in demand of diversified supplies, so we could regard the bargaining power of suppliers as medium level. The Threat of Established Rivals(Strong) As discussed, the social networking companies are facing a fully competitive market. Besides Facebook, there are several other main players, including LinkedIn, Google, Yammer, Myspace, etc, as well as hundreds of small websites focusing on specific segment or providing general social networking services. For example, LinkedIn has built up a professional network into a can’t-miss destination with millions of member professional. The year-over-year revenue growth for LinkedIn was very remarkable at over 80% for the last two years, and it has continued to see strong revenue growth beating analyst estimates. LinkedIn has shown an even more robust business model compared with Facebook. Rather than solely relaying on advertising income, LinkedIn also has considerable revenue from job postings and subscriptions, which help the company to grow its revenue at a notable rate and avoid stagnancy. In this sense, Facebook may have more struggles to improve its user experience and spur revenue growth especially compared with its competitors, and the threat of established rivals is absolutely strong. The Threat of New Entrants(Strong) For new entrants to social networking market, the technical barriers are barely insignificant and Facebook’s most advantage might be its current huge user base. But such advantage is also easy to be mimicked by other Internet giants who already have stable visitor stickiness like Google. Google launched its social networking and identity service, Google+, in June 2011. As of September 2012, it already has a total of 400 million registered users of whom 100 million are active on a monthly basis. Instead of presenting as a social player consisting of not just a single site, Google has been able to provide an overarching layer integrating many of its current online properties. Illustrated by Google’s story, the threat of new entrants to social networking market for Facebook is quite strong and even thrilling if we recall the ever-changing world of internet business. The Threat of Substitute Products(Weak) Finally, the threat of substitute products to social network website including Facebook is not obvious yet. Facebook’s current user base still shows a strong stickiness and its continuous innovation also help it satisfy the user’s social networking needs well. But considering Facebook is essentially a social network that allows users to stay in touch with their friends, there are so many products or services could potentially address it. Especially if we observed the booming market of mobile networks, services like Buzzd, Twango and Dada may grow up to be a real threat in the near future. Overall, the threat of substitute products is medium based on the analysis above. How to cite Facebook Porter’s Five, Essay examples

Ulysses S. Grant Essays - Freemen Of The City Of London,

Ulysses S. Grant Ulysses S. Grant rose to command all the Federal armies in the Civil War and lead them to victory. He was respected so much that he went on to be president of the United States for two terms. His time of glory didn't last forever though, he developed cancer and died bankrupt. Ulysses Hiram Grant was born April 27, 1822, in a two room frame house at Point Pleasant, Ohio(Ulysses S. Grant 1). His father, Jesse Root Grant, was foreman in a tannery and a farmer. His mother, Hannah Simpson Grant, was a hard working frontier woman. When Ulysses was a year old, the family moved to Georgetown. There his father bought a farm, built a house, and set up his own tannery. Jesse and Hannah had five more children there, two boys and three girls(Ulysses S. Grant 1). Grant love horses and learned to manage them at an early age. When he was seven or eight he could drive a team and began hauling all the wood used in the house and shops. From that point on until he reached seventeen, Grant did all the work done with horses; such as breaking up the land, furrowing, plowing corn, bringing in the crops when harvested, and hauling wood(Ulysses S. Grant 1). Three months each winter when work was minimized Grant went to a one room schoolhouse, and that's how he was educated until he went to West Point at age seventeen. When Grant turned seventeen, his father got him an appointment to the United States Military Academy at West Point. The congressman who made the appointment did not know Grants' full name, so he left out Hiram and added Simpson. Simpson, was Grants', mothers' maiden name(Ulysses S. Grant 1). He was pleased with his new name because he disliked his old initials H.U.G. Cadet Grant did not care for military life and never expected to stay in the army. He was good in mathematics and hoped sometime to teach it. In other subjects he was about average. He was, however, the finest horseman at the academy. Quiet and shy, he made few friends(The Civil War). When he was commissioned, Ulysses was ordered to Jefferson Barracks, near St. Louis, Missouri. While stationed there he met Julia Dent, daughter of a slave owning Southern family(Ulysses S. Grant 2). Within three months he proposed to her and was accepted. Since he had only his pay as lieutenant, the wedding was postponed(Ulysses S. Grant 2). Grant was in almost every battle of the Mexican War. He fought on foot, observing many different commanders and how they lead their troops. This experience, he said, was of great value to him, because he became acquainted with nearly all the officers of the regular army. Some of them including the great soldier Robert E. Lee were to be on the Confederate side in the Civil War(Krick 15). Grant came back from Mexico a captain, with favorable mention. He at once married Julia and took her to his new station, Sackett's Harbor, New York. During the Mexican War Grant formed the habit of drinking. At Sackett's Harbor he joined a temperance society, but he forgot the pledge the next year when he was sent to Detroit(Ulysses S. Grant 1). In 1852 Grant's regiment was ordered to the Pacific coast by way of the Isthmus of Panama. Mrs. Grant stayed with her parents because she didn't want to take their two year old child on a trip like that. Cholera attacked the regiment in Panama. Grant showed great leadership and resourcefulness in getting the mules to carry the delirious men across the isthmus(Krick 16). He kept his cool and showed how he could lead men when times got rough. Grant spent two years on the Pacific coast. He missed Julia and wasn't there when his second child was born. He turned again to drink and wore slovenly uniforms. His colonel asked for his resignation, and Grant borrowed money to return home(Ulysses S. Grant2). Julia's father gave Grant 80 acres to farm, near St. Louis. Grant called the place Hardscrabble(Ulysses S. Grant2). He cleared the land, built a log cabin, and worked hard but could not make farming pay. Two more children were born and Grant couldn't support his family. Grant sold his stock and implements and turned to selling real estate in St. Louis. He failed again and walked the streets looking for something to do. Finally his father persuaded his younger sons to take Grant into their leather business at

Free Essays on Affirmitive Action

Affirmative Action is absurd. If a white male, who was five feet tall, tried out for the Los Angeles Lakers, would the government have the right to tell the team’s owner that he had to sign the player, simply because traditionally there has been a higher percentage of blacks than whites in the game of basketball? Of course not, that would be totally wrong. Playing on a professional sports team is based on talent and merit, and thus it should be with every other profession. In fact, according to the NIF booklet on this topic, the majority of affirmative action policies do not target the lower-class minorities that actually need help breaking into the workforce. Instead, middle-class minorities and women, who have had relatively the same educational opportunities as white middle-class males, are given preference. While the government should make sure that discriminatory hiring practices are not used, it should not give an unfair advantage to equally qualified students or applica nts simply because of their race or gender. The only viable way to create a truly equitable society is to expand programs that give assistance to the economically disadvantaged. Though these measures, the lower-class, which has traditionally been composed of a large percentage of minorities, will be able to compete fairly with white males for educational and employment opportunities. Dr. Martin Luther King, Jr., said that people should be judged â€Å"not by the color of their skin, but by the content of their character†. This statement is true in every aspect of American society. Morally, discrimination is wrong whatever the color of a person’s skin. No matter what advocates of affirmative action say, it does discriminate against certain people. Usually those people are wealthy white males; however, lower-class white males are also discriminated against under the guise of affirmative action. People should only be judged for employment or educational opportun... Free Essays on Affirmitive Action Free Essays on Affirmitive Action Affirmative Action is absurd. If a white male, who was five feet tall, tried out for the Los Angeles Lakers, would the government have the right to tell the team’s owner that he had to sign the player, simply because traditionally there has been a higher percentage of blacks than whites in the game of basketball? Of course not, that would be totally wrong. Playing on a professional sports team is based on talent and merit, and thus it should be with every other profession. In fact, according to the NIF booklet on this topic, the majority of affirmative action policies do not target the lower-class minorities that actually need help breaking into the workforce. Instead, middle-class minorities and women, who have had relatively the same educational opportunities as white middle-class males, are given preference. While the government should make sure that discriminatory hiring practices are not used, it should not give an unfair advantage to equally qualified students or applica nts simply because of their race or gender. The only viable way to create a truly equitable society is to expand programs that give assistance to the economically disadvantaged. Though these measures, the lower-class, which has traditionally been composed of a large percentage of minorities, will be able to compete fairly with white males for educational and employment opportunities. Dr. Martin Luther King, Jr., said that people should be judged â€Å"not by the color of their skin, but by the content of their character†. This statement is true in every aspect of American society. Morally, discrimination is wrong whatever the color of a person’s skin. No matter what advocates of affirmative action say, it does discriminate against certain people. Usually those people are wealthy white males; however, lower-class white males are also discriminated against under the guise of affirmative action. People should only be judged for employment or educational opportun...

No Embassies - Countries Without Diplomatic Relations

No Embassies - Countries Without Diplomatic Relations These four countries and Taiwan do not have official diplomatic relations with (nor an embassy in) the United States. Bhutan According to the Unites States Department of State, The United States and the Kingdom of Bhutan have not established formal diplomatic relations; however, the two governments have informal and cordial relations. However, informal contact is maintained through the U.S. Embassy in New Delhi to the mountainous country of Bhutan. Cuba Although the island country of Cuba is a close neighbor to the United States, the U.S. only interacts with Cuba via a U.S. Interests office at the Swiss Embassy in Havana and Washington D.C. The U.S. broke diplomatic relations with Cuba on January 3, 1961 Iran On April 7, 1980, the United States broke diplomatic relations with theocratic Iran, and on April 24, 1981, the Swiss Government assumed representation of U.S. interests in Tehran. Iranian interests in the United States are represented by the Government of Pakistan. North Korea The communist dictatorship of North Korea is not on friendly terms with the U.S. and while talks between the two countries are ongoing, there is no exchange of ambassadors. Taiwan Taiwan is not recognized as an independent country by the U.S. since the island nation claimed by the mainland Peoples Republic of China. Unofficial commercial and cultural relations between Taiwan and the United States are maintained through an unofficial instrumentality, the Taipei Economic and Cultural Representative Office, with headquarters in Taipei and field offices in Washington D.C. and 12 other U.S. cities.

How to Improve Employee Engagement in an Organisation+ HR startegies Term Paper

How to Improve Employee Engagement in an Organisation+ HR startegies of being able to measure Employee Engagement - Term Paper Example This study has also outlined various HR strategies implemented by Tesco management so that they can maintain their leading position in the UK based retail industry (Brajer-Marczak 259-261). From the study, I have gained an idea of Employee Engagement policies that are used by Tesco. Tesco is using the strategies centrally from the UK based headquarters to different subsections of global distribution centers. I came to know about the term â€Å"helicopter view† that is mainly the HR and Employee Engagement policy of Tesco. It is primarily a modified version of the conflict management strategies. Broad issues are collected from different branch operations. HR policies of Tesco are aiming to offer more quality in products, and on store ambiance. Tesco is facing the challenge from ASDA, Sainsbury, Morrison’s, Walmart, LIDL and ALDI. Therefore, employee retention and development policies must be well designed. In addition, I have learned that Employee Engagement policies of Tesco are collecting demands and knowledge from the employees. This type of HR policy will reduce different type of recurring training and development cost. Collective bargaining is enterta ined to ensure proper features of the workplace and remuneration policies. Employee engagement policies of the Tesco are discussed in details to ensure more quality. The term employee engagement is making the HR process more complex. Employees are engaged into the business policies and strategic directions in order to increase the commitment towards the organization. Organizations are increasing loyalty management process that will aid them to retain skilled and expert employees. On the other hand, productivity of the retail firms will gradually increase with the help of motivated set of employees. Emotional support provisions to the employees will make them feel more valued (Bridger 127-129). Concept of employee engagement is

Coporate Accounting Research Paper Example | Topics and Well Written Essays - 1000 words

Coporate Accounting - Research Paper Example There are instances in which the subsidiary and the holding company prepare their financial statements using conflicting policies and principles. In these cases, the parent company has the responsibility of making the necessary adjustments in order to have the subsidiary statements restated to become uniform to that of the holding company. This has to be done before the line-by-line consolidation of summing the respective asset and liabilities are done to arrive at the consolidated figure (Deegan, 2010). A breach of this accounting requirement will mean that the financial statements are inconsistent with the set principles, hence making them unreliable and untrue. Consolidation of inventory will be used to show how the adjustments should be done. AASB 102 demands that inventory be measured using the lower of cost and net realizable value to ensure that the financial statements are not over or under valued. The cost here includes the purchase price, import costs and any cost incurred to bring the stock to its current state. Inventory should also be tested for impairment in order to avoid possible overstatement in the financial statement. In case the subsidiary accounts for stock by violating this requirement, the holding company will have to do the necessary adjustment to ensure that the value posted in the financial statements are uniform. ... The second financial statement asset that is susceptible to errors during consolidation is property, plant, and equipment. The property, plant, and equipment are the long-term assets of the business that are utilized in the production of goods or delivery of services in order to earn revenue to the business. Accounting standard requires that in reporting the value of this item in the balance sheet, depreciation be subtracted from the purchase price to arrive at the net value (Deegan, 2010). Similarly, companies should test the property for impairment and expense any impairment losses in the income statement. The impairment value will also be used to reduce the value of the asset in the statement of financial position. It must, however, be noted that in calculating the depreciation amount, the holding company and its subsidiary might use different measurement bases. Depreciation can either be calculated using the straight-line basis or the reducing balance method. The holding company will, therefore, have to make adjustment to have the depreciation value determined using same method. For example, if the holding company calculates its depreciation using the straight-line method while the subsidiary does the same by the use of reducing balance, the parent company will have to adjust the depreciation values according to the straight-line method. The final consolidated value will then be determined by summing the net values of the property, plant, and equipment. In summary, adding the asset values that are arrived at by use of different measurement bases is inappropriate and violates the accounting rules and standards. The preparers of the financial statements must, therefore, make the necessary measurement adjustments before summing the respective assets and