Question
3 Alternatives to solve the problems of Facebook listed below Suggest an approach to solve the problem and assess impact of recommended strategy in terms
3 Alternatives to solve the problems of Facebook listed below
Suggest an approach to solve the problem and assess impact of recommended strategy in terms of Benefits, Risks, Obstacles, Effectiveness, Costs, Competitiveness, Future implications (e.g. do Pro Cons for each point)
- Encrypt data and devices (e.g., Apple allows option to block apps from taking/selling data) so people trust them again
- Implement a content filtration team (3rd party to verify) - no more fake news
- Generate new and effective ethical codes for upper leadership
- Leadership change - provide examples of companies who changed leaders People don't like Mark Zuckerberg
- Buy Competitors - Worked when they bought Instagram, WhatsApp
- Rebrand - change name/focus (Meta)
Need help explaining three alternatives with a pros and cons chart
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