Business Environment Analysis: A Report on Facebook's Strategy

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Added on  2022/12/30

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This report provides a comprehensive analysis of Facebook's business environment. It begins with an introduction to the business environment and the company's founding. The report explains the organizational structure of Facebook, identifying it as a corporation with elements of sole proprietorship. It delves into the purpose of Facebook, from its inception as a platform for students to its current role in global interaction, PR, and advertising. The analysis identifies key stakeholders, including Mark Zuckerberg, employees, users, government, and media, along with their respective objectives. The report then applies VRIO and PESTEL analyses to assess the company's valuable, rare, imitable, and organization capabilities, as well as the political, economic, social, technological, legal, and environmental factors impacting its operations. The conclusion summarizes the company's growth, service delivery, and competitive advantage, supported by cited references. The report provides a detailed overview of the company's internal and external environments and how they contribute to its success.
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Introduction to business
environment.
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TABLE OF CONTENT
INTRODUCTION
Explain the form of the business organization
Facebook has adopted inception and key
difference among these forms.
Purpose of Facebook
Identify stakeholders and their objectives
Explaining the VRIO and PESTEL analysis
of company
CONCLUSION
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INTRODUCTION
Business environment is the
collection of all the internal and
external factors like employees,
customer need and expectations as
well as supply and demand,
management, owner, activities,
market trends etc.
The present presentation is based on
the Facebook which American
company which is offering online
social networking services.
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CONTINUE
This company is founded in 2004 by
Mark Zuckerberg. The presentation
will cover the different types of
business organization.
This will covers the purpose of
company and objectives.
The presentation will explain the
VRIO and PESTEL analysis and
examine the impact of business
environment.
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Explain the form of the business
organization Facebook has adopted
inception and key difference among
these form
As per the given case study company follow their working
process and function in effective and respective manner under
the mixed structure.
Organization is performing its functions in this where there
are number of functioning structure what can be followed by
the business objectives in effective manner.
This help to achieve business objectives in appropriate manner.
That are discussed below:
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CONTINUE
Corporations: Facebook organization can say that corporation
level business organization in their business environment. As
per that Facebook become a corporate organization which is
performed their task in business functions for achieve business
objectives. This is highly used for performing at the better level
and manage the functions as per the needs and requirement
according to the structure of business firm in an effective
manner.
Sole proprietorship: This is another structure which is used
by Facebook for performing their functions as well as achieve
their business objectives. As per that, owner acted as a sole
trader of organization. The main feature of this structure is
helps to the owner in taking all profits and risk on their own.
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Purpose of Facebook
The main purpose of Facebook to allow
students to interact and make connect
with each other as well as share
experience with the same.
It was created for the making medium
for students and provide wonderful
exposure.
According to the time company
redesigned and redefine the purpose of
Facebook.
Presently., company is provide great
opportunity to business under the global
interaction, PR and advertising etc.
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CONTINUE
in the recent time Facebook not only helpful for individual in
order to update their profits, it is helpful for connecting people
around the world also provide the great platform to capitalize
on various opportunity like business collaboration, event
management, client management etc.
that is also helps its users to keep up with the latest news and
trends in markets.
This can be said that Facebook is emerging as one of the most
popular and influential social media site as well as creating
individual for business or business needs of various individuals
across the globe.
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Identify stakeholders and their
objectives.
Facebook stakeholders and their objectives.
Mark Zuckerberg
Employees
Users
Government
Media
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CONTINUE
Mark Zuckerberg: The main
objectives of owner is to maximize the
business profits as well as increase the
market share which will help to
company for growing, developing and
making success.
Employees: The main objectives of
employees is to give hard contribution
to achieve goals and objectives of
company.
Users: To receive good and effective
services by organization against of their
investment into the business.
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CONTINUE
Government: Objective of
government is to ensure about
the company is abiding by the
rules and regulations set by the
government.
Media: Objectives of media is to
create the right image of the
company in the eyes of public
and customers for providing
important information about the
company or its audiences.
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CONTINUE
Yes, company is get complete success
for achieving goods and services of
company.
As that company is able to make a big
name for itself in the global market and
is one of the most popular organization.
Company make their happy at all the
situation which is great and effective for
the employees as well as growth of
company.
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