Impact of Fiscal and Monetary Policies on Social Media Sector

BUSINESS ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
1.Fiscal and monetary policies and its impact on social media sector.........................................3
2.Role of corporate social responsibilities and ethic in modifying activities of different
organizations in social media sector............................................................................................6
REFERENCES................................................................................................................................9

INTRODUCTION
Social media is the networking technology and the collection of websites and applications
for communication and entertainment (Voorveld and et.al, 2018). It implements the fiscal
policies which accelerate the economy and address modifications in taxes and spends of
government. This policy is decisive by the legislation of government. Monetary policy also
stimulates economy but it addresses changes in rate of interest, supply of money in circulation
and lead by central bank. Both influences customers and nation's economy. This assessment
analyse impact of these policies on the entire social media sector. It also analyses corporate
social responsibilities and ethics which shape-up activities of social media.
MAIN BODY
1.Fiscal and monetary policies and its impact on social media sector.
Fiscal policies
These policies are used by government of country to control tax revenues and expenses of
people's to stimulate nation's economy (Chugunov and Pasichnyi, 2018). Fiscal policy affects
directly on the profitability of Facebook. Some times this tax is used to make money for the
owners of different applications who can pay taxes for accessing bundles of data. This policy
influences to broad economy. Negativity of fiscal policy include possibility of recovery
ineffective and increased debts. It has the capability of affecting the total amount of services
which are provided by Facebook. Fiscal policies are of two types: Fiscal expansionary impacts
on demands of services and inspire economic growth of Facebook whereas contractionary aim is
to make economic growth lazy and used rarely. Fiscal policy is build to acquire certain goals as
follows:-
Growth by resources effective mobilization: Primary objective of fiscal policy is to assure growth
and development of economy rapidly and assure social justice to the individuals.
Fiscal policy objective is to balance and obtain full employment (Sow and Razafimahefa, 2017).
It is used to stabilize levels of price and economic growth rate. It's aim is to maintain equality
payments balance and to advertise economic growth of Facebook which are under development.