...Model And Economic Viability Of Facebook Samuel Osene-Bosompem California International University Author Note Samuel Osene-Bosompem, Department of Doctoral Study Global Business and Leadership Correspondence concerning this study should be address to Samuel Osene-Bosompem, Ecobank Ghana Limited, SIA Branch, PMB, GPO, Accra, Ghana. Contact: sbosompem@ecobank.com Abstract A Thesis Statement Most rational investors decision to investing in any company would largely depend on the companies strategic and financial projections and company would use business models like the convergent concept targeted to meet customer needs. For a company to be a going concern, it is expedient that its economic viability is determined, this work would attempt to vet Facebook on the areas mentioned above. Purpose of Paper The purpose of this paper is to discuss the role that strategic and financial analysis played in investors decisions to back Facebook through its short history, develop a model of Facebook using the concept of convergence as a reference and analyze the economic viability of Facebook. Overview of Paper The paper would be divided into three sections to answer unit four-assignment requirement as follows: 1. Discuss the role that strategic and financial analysis played in investors decisions to back Facebook through its short history. 2. Develop a model of Facebook using the concept of convergence as a reference. 3. Analyze the economic viability...
Words: 1408 - Pages: 6
...and are useful in making future economic decisions. (Albrecht, Stice, Stice, & Skousen, 2002) The same financial data is used to derive reports for each accounting process yet they differ in some ways. Financial accounting primarily provides external reports for external users such as stock holders, creditors, regulating authority and others. (Garrison, Noreen, & Brewer, 2010) On the other hand Managerial accounting is concern with providing information that deals with the internal viability of the organization and is tailored to meet the needs of an individual organization. (Albrecht, Stice, Stice, & Skousen, 2002) Managerial Accounting addresses those aspects that relates to an individual organization return on investments (ROI). (Albrecht, Stice, Stice, & Skousen, 2002) A company’s profitability depends on periodic attention to its assets turnover and profit margin. This process is designed to support the de... ... middle of paper ... ...egulator or auditor is going to insist that a company implement a good management accounting system. (Garrison, Noreen, & Brewer, 2010) The choice of how to collect and utilize information in a company is strictly management’s decision and is a part of the company’s competitive strategy. Financial and Managerial accounting are used for making sound financial decisions about an organization. They provide information of past quantitative financial activities and are useful in making future economic decisions. (Albrecht, Stice, Stice...
Words: 1819 - Pages: 8
...A Feasibility Study of Establishing a Pawnshop in General Santos City CHAPTER I INTRODUCTION This chapter discusses about the background of the study, rationale of the study, objectives of the study, significance of the study and definition of terms. Background of the Study Too many people are in difficulty today due to economic or unstable economy people may find an alternative way to find a solution to their problems, many of them go to the houses of the creditors owing money to be able to meet their needs even in a small amount, but sometimes they cannot borrow money because they have not paid their first loan. So, people will go to other areas to take instant cash. Some will apply a bank loan, and wait for an answer only to be able told that they are denied. That’s why people will go to their local pawnshop for much need help. Pawnshop brokers are seeing people from all walks of life pawning everything that has value that will put the cash they desperately need in their hands when they need it. (www.business.whatitcosts.com) 1 1 Pawnshop is a store which offers loans in exchange for personal property as equivalent collateral if the loan is repaid in the contractually agreed time frame, the collateral may be repurchased at its initial price plus interest. If the loan cannot be repaid on time, the collateral may be liquidated by the pawn shop through a pawnbroker or secondhand dealer through sales to customers. (http://www.businessdictionary.com) As a result...
Words: 1230 - Pages: 5
...Research Tool|Describe who creates the report andthe data sources|How can it be used to assess market viability?|Notable Findings| 1. US Department of Commerce Country Commercial Guides[->0] |Created by US embassies with assistance from several US government agencies. |The reports can give you a better understanding of a countries current commercial environment. Access to information such as market overview, challenges, opportunities, entry strategies, political and economic environment, trade regulations, investment climate, trade events etc Can be useful to determine if a product/business will have potential growth in a given market.|Prepared annually. Reports created by using economic, political and market analysis. Pretty thorough report but some countries do not have a report. For example not all Caribbean countries are featured.| 2. AT Kearney Global Retail Development Report[->1] (also provides other good reports, such as Globalization, and FDI confidence)|Report is created by AT Kearney, a global management consulting firm. Analyzes 25 macroeconomic and retail-specific variables|The Global Retail Development Index ranks the top 30 developing countries for retail expansion. The reports help retailers create global strategies and identify market opportunities. It helps retailers assess current and future markets for possible continued expansion.|Annual report.| 3. World Bank’s Doing Business in…[->2] |The World Bank Group|The doing business reports measure business...
Words: 1238 - Pages: 5
...stakeholder in an organization is any group or individual who can affect or is affected by the achievement of the organizations objectives” could range from clearly defined customers, employees, suppliers, creditors, and regulating authorities, to other more amorphous constituents such as local communities CSR is both critical and controversial; It is critical because the for-profit sector is the largest and most innovative part of any free societies economy. However CSR remains controversial; In spite of the rising importance of CSR today for corporate leaders, academics, and bureaucrats alike, many still draw on the views of the Nobel Prize- winning economist Milton Friedman, who argues against CSR because it distracted leaders from economic goals. Friedman believed that the only “social responsibility of a business is to increase its profits”- that society benefits most when businesses focus on maximizing their financial success. David Packard, a co-founder of Hewlett-Packard however, believes “a group of people get together and exist as an institution that we call a company so that they are able to accomplish something collectively that they could not accomplish separately- they make a contribution to society” CSR: A view of the corporation and its role in society that assumes a responsibility among firms to pursue goals in addition to profit maximization and a responsibility among a firms stakeholders to hold the firm...
Words: 2331 - Pages: 10
...Title: Strategic Planning for the Farming Abalone Crisis, Room 508/2 Faculty of Economics, Chulalongkorn University Phayathai Road,Bangkok 10330 Thailand Putthida Hensawang Prof. Chalaiporn Amonvatana Executive Summary Macroeconomics appears to offer a clear answer to the main factor that affects the economy, which are of great practical importance and are constantly debated by politicians, the press and the public. Furthermore, macroeconomists have been trying to forecast economic conditions to help consumers, firms and governments make better decisions. Businesses use macroeconomic analysis to determine whether expanding production will be welcomed by the market, will consumers have enough money to buy the products, or will the products sit on shelves a nd collect dust. Governments turn to the macro-economy when budgeting spending, creating taxes, deciding on interest rates and making policy decisions. Abalone is one of the most valuable seafood for everyone and is comparatively costly. In the past 2 decades, the commercial catch of abalone worldwide has declined slightly regarding to over harvest which led to the development of abalone aquaculture industry. According to, the high price of abalone has incentives for Thai farmers to turn their attention to cultivate abalone for commercial. Recently, Thailand’s...
Words: 711 - Pages: 3
...Module learning and Theories Section 1: The importance and role of economic information Macroeconomic has an impact across all business sectors. In the business environment of THE CONSORTIUM it has a high impact. This is due to the nature of the work in which the Consortium undertakes. The main area of business for THE CONSORTIUM is within training and development, predominately across the VCS. Recently THE CONSORTIUM secured a SFA contract to deliver Apprenticeships to support the 19 – 24 year NEET group. This funding stream is to support the delivery of the Government’s fiscal policy for youth unemployment. Training and development is a very competitive market, especially around Apprenticeships. Part of the Apprenticeship contract is to secure new job vacancies for Apprenticeship positions. Although there are Government incentives available for employers, the current economic climate means that businesses are reluctant to create new vacancies. This has an impact on securing new employment opportunities. Considering the impact of THE CONSORTIUM’s competitors, the larger training and development organisations have access to larger budgets and in such a competitive market they are able to offer ‘better’ packages to employers, including the wavier of any employer contributions towards the training costs of the Apprentice. Due to THE CONSORTIUM’s market share and the way in which the business is funded, this is not something that THE CONSORTIUM can compete with...
Words: 2253 - Pages: 10
...of the company. Concerns with the economic futures must be acknowledged to increase their profits (Larson Scenario, 2010). For Larson to grow, management must make projections based these specific conditions over the next few years that will benefit Larson’s production of batteries and distribute them in the global market. This discussion summarizes courses of action Larson Inc. must consider based on the possible economic future. Alternative Economic Futures Larson Inc. expects to go through economic changes in the next five years that will ultimately determine the economic viability of the company. Recession, recovery, and peaks are guaranteed during this time period. With these imminent economic futures, it is imperative that Larson Inc. instill measures which maximize profitability and productivity in both the American and German markets. The instances of interrupted growth in industry are usually associated with business cycles (McConnell, Brue, & Flynn, 2009). Larson may face several of these changes in the economy and possessing the ability to predict these and how to handle them is a process that must be studied. Summary of business recommendations A recession is a period of six months or more where there is great decline in input, output, and employment (McConnell et al., 2009). While hard to maintain a recession-proof industry, Larson must be able to enact plans during economic recessions to maintain its financial...
Words: 1102 - Pages: 5
...has transformed the American economy and has reshaped how consumers think when shopping. Wal-Mart as America’s biggest retailer has also changed millions of American local shops both positively and negatively. The Wal-Mart Effect is an economic theory by Charles Fishman that explores the positive and negative impacts that affects consumers’ everyday from around the world because of Wal-Mart’s practices. He describes these effects as including the suburbanization of the local shopping experience, the driving down of local prices for all everyday necessities, the draining of the viability of the traditional local shopping areas, a continual downward pressure on local wages, the consolidation of consumer product companies aiming to match Wal-Mart's scale, a continual downward pressure on inflation, and a new and continual cost scrutiny at a wide ranges of businesses enabling them to survive on thinner profit margins. Questions: 1. Do you agree or disagree with the economic theory the book presents? Why? Since the book has many different theories, and many of them vary in scope such as international to local, there are some points the book makes that I don’t agree with. However, most of the ideas presented in the book introduce many new economic concepts to me, and I find very interesting. It explains how a small grocery store in America can potentially affect a local shopper in Chile. Most of the ideas presented in the book associate with international connections and some that...
Words: 382 - Pages: 2
...control of women’s sexuality, fertility and labour for male hegemony over economic resources. Economic institutions and policy can exacerbate existing gender inequalities instead of mitigating them. Laws and policies too play a significant role in determining the extent of gender inequality that exists in a society. They can serve to protect women’s rights or to reduce them. For example, in many countries, women still lack the legal right to inherit or own property and, in many others, violence against women is not considered a criminal offense. The paper argues that without transformations in economic relations or the implementation and enforcement of legal rights and protection, gender equality and the empowerment of women can remain an elusive goal. Women’s Studies have challenged the conventional indicators of development that focus on urbanization, higher education, mobility of labor, technological development, modernization, infra-structural development, industrialization etc. Through the lens of Gender Economics, the author contextualizes day to day survival struggles of women in the family, in the households, in the community and in the micro and macro economy with the perspective of power relations which control women and girl children's sexuality, fertility and labor. The paper examines the three approaches for women's development: Women in Development (WID) model deconstructs the economic growth paradigm and focuses on women specific statistics and indicators...
Words: 435 - Pages: 2
...With reference to organisations or industries that you know, to what extent do you think that recent changes in the UK economy will inevitably damaged the long-term profits of businesses that operate in this country? (40 marks) The economy goes through a series of fluctuations associated with general booms and slumps in economic activity. In a boom it can be stereotypically stated that nearly all businesses benefit and in a slump most lose out. This would therefore agree with the statement, that the recent recession would damage the profits of businesses in the UK. However there are many economic changes that affect business including changes in the interest rate, wage rates, and the rate of inflation. Businesses will be more encouraged to expand and take risks when economic conditions are right, e.g. low interest rates and rising demand. However can it be shown that the recent slump in economic activity in the UK was actually beneficial to some companies? In a strong economy, nearly all businesses enjoy greater prosperity. Disposable income is high, unemployment is low and consumer confidence prompts people to pump their money back into the economy through the purchase of essential and nonessential goods and services. The impact of a strong economy on a business is two-fold: as business increases, so too does the need to keep pace with demand. Hiring additional employees, expanding retail space or adding new product lines, may do this. While this may be viewed as a positive...
Words: 1756 - Pages: 8
...Combined heat and power (CHP) can offer a variety of economic benefits for large energy users. The economic benefits of CHP can include: * Reduced energy costs: The high efficiency of CHP technology can result in energy savings when compared to conventional, separately purchased power and onsite thermal energy systems. To determine if CHP is likely to offer a compelling return on investment at a particular site, the costs of the CHP system (capital, fuel, and maintenance) should be compared to the costs of purchased power and thermal energy (hot water, steam, or chilled water) that would otherwise be needed for the site. * Offset capital costs: CHP can be installed in place of boilers or chillers in new construction projects, or when major heating, ventilation, and air conditioning (HVAC) equipment needs to be replaced or updated. * Protection of revenue streams: Through onsite generation and improved reliability, CHP can allow businesses and critical infrastructure to remain online in the event of a disaster or major power outage. Determining the economic value of CHP as backup power is explored in the white paper, Calculating Reliability Benefits. * Hedge against volatile energy prices: CHP can provide a hedge against unstable energy prices by allowing the end user to supply its own power during times when prices for electricity are very high. In addition, a CHP system can be configured to accept a variety of feedstocks (e.g., natural gas, biogas, coal, biomass)...
Words: 602 - Pages: 3
...programs. A large part of the organization’s efforts are directed at the private sector and towards developing the skills in the unorganized sector in India. NSDC supports skill development efforts, especially in the unorganized sector in India by funding skill training and development programs. It also engages in advocacy and training programs, in-depth research to discover skill gaps in the Indian workforce, and developing accreditation norms. Roles: Funding and incentivizing: In the near term this is a key role. This involves providing financing either as loans or equity, providing grants and supporting financial incentives to select private sector initiatives to improve financial viability through tax breaks etc. The exact nature of funding (equity, loan, grant) will depend on the viability or attractiveness of the segment and, to some extent, the type of player (for-profit private, non-profit industry association or non-profit NGO). Over time, the NSDC aspires to create strong viable business models and reduce its grant-making role. Enabling support services: A skills development institute requires a number of inputs or support services such as curriculum, faculty and their training, standards and quality assurance, technology platforms, student placement mechanisms and so on. The NSDC will play a significant enabling role in some of these support services, most importantly and in...
Words: 574 - Pages: 3
...economy through the purchase of essential and nonessential goods and services. The impact of a strong economy on a small business is two-fold: as business increases, so too does the need for a small business to keep pace with demand by hiring additional employees, expanding retail space or adding new product lines. While this may be viewed as a positive, the downside is that if the economy starts to falter, many small businesses find themselves overextended, which can result in mass layoffs and business failures. Impact of a Slow Economy During an economic slowdown, many small businesses face a number of challenges. Consumers become concerned about their job stability and, in turn, are more likely to be cautious with expenditures, which leads to decreased revenue for small business owners. A slow profit stream can make it difficult for a small business to repay creditors, which can negatively impact its long-term viability. A business facing financial struggles is far less likely to qualify for loans for capital expenditures and operations, which limits growth opportunities. Many small businesses also are forced to downsize their workforce during a slow economy. This limits their ability to serve customers and contributes to the unemployment rate, which furthers slows the economy. Economy-Related Business Opportunities Some types of small businesses thrive in a slow economy. For example, companies that are involved in facilitating home foreclosures and vehicle and property...
Words: 411 - Pages: 2
...Regulated Marketing Economic Policy Ministry of Agriculture, Food and Fisheries July 26, 2004 Regulated Marketing Economic Policy July 26, 2004 Regulated Marketing Economic Policy Public Interest Statement 1. The regulated marketing system operates in the interests of all British Columbians. Boards and Commissions operating under the authority of the Natural Products Marketing (BC) Act are responsive to the needs of British Columbia producers, as well as to processors, consumers and other participants in the British Columbia food system. National Systems 2. The Government of British Columbia supports the participation of British Columbia producers in national supply management systems when the provisions of the national agreements are consistent with the growth and prosperity of the agri-food industry. The British Columbia Farm Industry Review Board and the Government of British Columbia proactively support supply managed boards in national and regional negotiations, in order to secure agreements which will provide: • ongoing opportunities for industry growth and new opportunities in primary and further processing; and • sufficient allocations for the development of specialty markets, such as organic and other products differentiated at the farm level. Maintaining and Gaining Markets, and Serving British Columbia Demand 3. The British Columbia regulated marketing system supports the development of new markets identified at the production, marketing, and processing...
Words: 612 - Pages: 3
