Executive Summary Facebook has come a long slew since its arising in 2004 amassing a huge number of online followers or hirers with the latest tally in the region of 800 million. Undoubtedly Facebooks strategy to increase its user base has paid scratch very well. However, it now faces a different kind of quarrel altotakeher. One of its challenge is how it would leverage on the immense understand it has on its huge user base to generate revenue. This chevron is tied in closely with another issue it is concisely already facing which is privacy. Users have been very critical on how Facebook handles their privacy by way of the privacy settings in Facebook. A weak hunt function also is a spinal anesthesia column in Facebooks side which may be an inauguration that Facebooks external challenger in the ferment of Google+; a competing social network site from Google; might use to hold the social network arena. Overall Facebook has to be limpid of changes particularly pr ivacy setting changes and on educating users that Facebook is a line of reasoning entity that call for to generate revenue without sidelining users privacy. Facebook needs to maintain users conceive to function the long haul.

Once this trust is built, Facebook should leverage on its massive online user data to begin generating substantial income gentlemans gentleman keeping its users identity confidential. This should settle most of its problems. However, Facebook should integrate a full functional meshwork search capability any by own development or via co-opetition with existing web search companies to generate higher visibility of Facebooks mail pages to entice larger corporat ions to have their very own Facebook spot p! age. With this, Facebook should be able to start making huge gain while maintaining user confidence and staving any competition to its authorization in the social networking arena. Statement of the Problem Facebook has come a long way as a social networking improvement since its launch in February 2004. Within 8 short days it has...If you want to get a full essay, order it on our website:
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