Question
This is a quiz and has to be within SEVEN PAGES both the answers. Please answer both the questions seperately and elborately. Company name :-
This is a quiz and has to be within SEVEN PAGES both the answers. Please answer both the questions seperately and elborately.
Company name :- Facebook
Q1) First, you have to tell the facts of the company and then analyze their current business model and analysis of current situation and then using authentic combination of frameworks from class like combination of blue ocean strategy , porters five forces model and transformation A, B and D from the Gilbert article ( Two Routes to Resilience) and explain why you chose those frameworks, link them with the facts of the case, and explain through these frameworks how this company specifically and other social media companies are attempting to build a competitive advantage and why they have been successful so far. You can use ideas like attention competition, data mining, knowledge management, and creating barriers to entry.
Q2) You have to give strategic recommendations as to what companyshould do strategy wise. For this you need to add your own ideasbut also pivot to the company's perspectives as building a competitive advantage has been one of our core learning points.What should your company do in the future strategy wise? Think about our class discussion about sustainable data usage.
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