The Impact Of Social Media on Business | Research

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Added on 2019-11-25

The Impact Of Social Media on Business | Research

Added on 2019-11-25

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Running head: Social media networking 1 Business researchImpact of social media on business

The Impact Of Social Media on Business | Research_1

Social media networking 2ContentsIntroduction.................................................................................................................................................3Project objective..........................................................................................................................................4Project scope...............................................................................................................................................4Literature review.........................................................................................................................................5Research questions and hypotheses.............................................................................................................9Research questions..................................................................................................................................9Hypotheses..............................................................................................................................................9Research design and methodology............................................................................................................10Limitation of research................................................................................................................................13Time schedule...........................................................................................................................................14Conclusion.................................................................................................................................................16References.................................................................................................................................................17

The Impact Of Social Media on Business | Research_2

Social media networking 3Introduction Social media is considered as the phenomenon of world which is utilized by more than milliard people and provide as an interface for interactions with people and business where most of the people build, exchange and share views and information. Social media is entirely dependent on the internet technology. Social media encourage users to communicate or provide feedback whosoever is connected to them. It is an open system without carrying any hard barriers. It is the research which is based on impact of social media on business. Project objectiveas well as project scope will describe in this research which will give better understanding for further studies. Social media is very beneficial for the companies because it provides the response in the form of feedback of the customers, through which company and gets improvement and make its customer satisfied (Hudson and Thal, 2013). There are numerous listed company will describe in the context of getting profit by adapting the social media in the process of company. The companies’ benefits through social media will describe in this research.

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Social media networking 4Project objective The objective of this research is to analyze the impact of social networking on the business. it has been observed that technology has advanced and due to this many companies have adopted the social networks to interact with their customers. There are several companies that have adopted social media networking to enhance its business effectively. Telstra and Virginia are one of them that adopted social media networking and earned huge profits and satisfy their customers by adapting social media networking. Project scope Social network is wider channel and it has numerous usage in business to enhance the productivity if the employees as well as reduce the un-required cost of the company. It is the research program that conducted for the purpose to evaluate the advantages and disadvantages ofthe impact of social media on businesses. It will be helpful to analyze and compare the various companies and their profits in the term of adoption of social networking sites.

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