Impact of Government Regulation on Global Social Media Firms

CW2 GLOBAL
BUSINESS
ENVIRONMENT

Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Summarize the rising global social media firms such as facebook, twitter and Instagram, face
from proposed or actual government regulation and explain the possible impact this could have
on the firm....................................................................................................................................3
CONCLUSION................................................................................................................................4
INTRODUCTION...........................................................................................................................4
TASK...............................................................................................................................................4
Describe and explain how president Trump’s approach to economic policy impacts upon
foreign economies such as the UK or EU or China.....................................................................4
CONCLUSION................................................................................................................................5
INTRODUCTION...........................................................................................................................5
TASK...............................................................................................................................................5
Discuss and interpret how emerging economies are presenting opportunities for global
expansion for businesses using examples to illustrate your work...............................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Growing the use of social media has bridge the gap between the people as they get any
information about anything at anytime. The merits of these social platforms are limitless but
apart from merits, there are many demerits also which has caused negativity and violence into
the countries and societies (Carmichael, Koumou and Moran, 2015). The report discuss about
why the government has to impose policies and regulations upon the working of these sites and
what are the impacts these social media platform companies has to face due to this.
TASK 1
Summarize the rising global social media firms such as facebook, twitter and Instagram, face
from proposed or actual government regulation and explain the possible impact this could have
on the firm.
The media has consider has a strong source for information, many social sites such as
facebook, twitter, timbler and so on distributes the information, opinions, ideas, viewpoints for
people around the globe. All these social platform plays a very paramount role in spreading the
new. It has many benefits such as quick information, sharing of information or ideas, grabbing
more knowledge and many more. Besides all the advantages people and the government gets
from social platform, there are many disadvantages or demerits of using these platforms and
form these disadvantages has forced the government to put some restrictions upon these platform
policies and regulations. Some of the demerits of these social media platforms were:
Negative influencing of people: Government has noticed many groups or people who
influenced the general people through their posts or stories. They put negative influences upon
them which results into negative thoughts and aggressive actions of the people. By following on
such posts or the stories, the general public thought get more attracted towards them which
causes aggressive and violent behavior of the public. For example there were many political
parties which were in anti of the ruling parties, to influence the people against them these anti
parties used to post negative thoughts and videos which were against the ruling party. Such
activity brings more aggression and hates among the people and they start a rivalry against the
government which harms both the public and the government (Cong and Oosterlee, 2016).
Another example can be terrorist groups who negatively influences the young people and these
young people gets so influenced by their posts or status that they joined their groups and become
one of them.
Sharing of information: These social platform sites take the personal information of the person
who is using their sites. They save their information and then use it for various purposes. For
example the President Trump before elections the uses the information of public to know their
behavior and the needs they want to get fulfilled. Through these Trump regulates its campaigns
motives which attract these people. Sharing of personal information about a person without its
permission is totally a illegal work.