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Social Network Case Study

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Problem statement
Social networks are nowadays considered by many academic and business experts as the next frontier of the ways in which communication is enacted by individuals in contemporary society.
It is easy to infer how relevant are social networks in the private lives of many individuals. The social network Facebook has now experienced more than 1.5 nillion active users worldwide. This surge is justified in part by the ease through which social media users can interact instantaneously without the necessity to be in the same place, and in part by the fact that users enjoy themselves by using social networks on an extensive basis, as recognized by many experts.
Online communities are made able to share content, comments and opinions directly, …show more content…
The second one is the sub-culture, that co-exist within a single society but are also independent; the third element is the cultural universals, that are the common factors shared by all cultures in terms of values (e.g. privacy, age). Culture is learned since it is dependent on many facets and factors that assume value and are specific to the place and to the people in which they are adopted, so that a certain degree of learning is required in order to understand its importance and …show more content…
This analysis will also build on the previous works that managed this argument within the current Body of Literature, together with analysis of current statistics and market trends.
Metrics will also retain a critical role for this research: for instance, the Facebook penetration ratio (the number of active users over the population) will be investigated, in order to infer any eventual correlation between social media exploitation and success of any social media advertising campaign.
The trends and behavioral characteristics of determined social networks will be highly valuable in this perspective for corporations, and citations of current state of the art projects enacted by certain multinational corporations will also be exploited throughout my research.
McKinsey reports on these trends will also compose a solid background in order to infer certain results and current patterns of research in this field of interest, that will be managed from a qualitative perspective.

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