Business Communication MGT502: Facebook's Financial Issues Analysis

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Added on  2022/08/26

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Homework Assignment
AI Summary
This assignment analyzes the financial issues faced by Facebook, arguing that these problems negatively impact both the organization and individuals. The essay discusses how Facebook's debt experience affects its brand image, promotional activities, and overall reputation. It references studies revealing social and macroeconomic tensions, and challenges in product monetization. The author concludes that financial problems reduce Facebook's status and erode user trust, impacting the company's performance. The analysis draws on research regarding debt, brand image, and promotional practices, highlighting the financial issues that impact the company.
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RUNING HEAD: BUSINESS COMMUNICATION 0
“FACEBOOK”
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BUSINESS COMMUNICATION 1
Facebook is become the major strategy for increasing the reputation of the company, it
also support the organization by increasing team work and coordination among the employees
(Krigman & Jeffus, 2016). The Facebook also enhance the overall condition by providing the
training regarding the debt learning practices. In this essay, the discussion is made on the
argument about “Financial issues of Facebook”.
The different studies revealed that Facebook increase various social and macroeconomic
issues because Facebook face debt experience this leads in affecting the status of the company in
negative manner (Cwynar, Cwynar, & Filipek, 2018). Researchers describe that brand image of
the organization influence due to increase in the challenges of Facebook financial front. In the
current year, Facebook is facing more difficulty due to products monetizing. The financial
problems in the Facebook also influence the company in negative manner due to facing more
difficulties in engaging in the different promotional practices as well as activities (DeVito,
2017). Therefore, researchers also revealed the financial issue is also impact the reputation of
Facebook because nowadays it faces challenge in reassuring their inventors for innovating in the
procedure. However, other researchers describes that Facebook creates high emotional and
psychological distress and affects the wellbeing of the individual in negative manner (Mogaji,
2016).
From the above it is conclude, Facebook is face from various financial issues which
affects both organization as well as individual in negative manner. The estimation revealed that
due to more financial problems the status of Facebook reduces and decrease trust among the
individual. Further, the company promotion in Facebook also influences the productivity as well
as performance of the organization.
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BUSINESS COMMUNICATION 2
References
Cwynar, A., Cwynar, W., & Filipek, K. (2018). Debt Experience of Facebook Users in Poland. A
Conceptual Model and Empirical Test. Polish Sociological Review , 202, 243-264.
(DOI:10.26412/psr202.06)
DeVito, M. A. (2017). From editors to algorithms: A values-based approach to understanding
story selection in the Facebook news feed. Digital Journalism , 5 (6), 753-773. (DOI-
http://dx.doi.org/10.1080/21670811.2016.1178592.)
Krigman, L., & Jeffus, W. (2016). IPO pricing as a function of your investment banks' past
mistakes: The case of Facebook. Journal of Corporate Finance , 38, 355-344. (DOI-
https://doi.org/10.1016/j.jcorpfin.2016.02.003)
Mogaji, E. (2016). This advert makes me cry: Disclosure of emotional response to advertisement
on Facebook. Cogent Business & Management , 3 (1). (DOI-
https://doi.org/10.1080/23311975.2016.1177906)
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