Social Media Network

Research Paper

Social Media Networks: Facebook And LinkedIn

How Businesses Can Benefit

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By Group P2:

Elzbieta May, Bahja Hassan, Hunter Amonett, Efiok Obot, Deborah Moore

BISI 6130

Dr. Santosh S. Venkatraman

November 3, 2014

Table of Contents

I. Very Brief History 3

II. Brief description of the technology mechanism 6

III. Advantages, disadvantages of using the technology 9

IV. Current Limitations/shortcomings – and what is being done to correct this 10

V. Costs/Economic Benefits 13

VI. Case studies to illustrate the benefits/disadvantages/cost of technology 14

VII. How does decision making get more effective/efficient? 16

VIII. How does it support collaborative decision making 17

IX. Does it promote more/less ethical practices? 19

X. Any impact on Internationalization of the business 20

XI. Does it promote outsourcing or create jobs in USA/Push USA ahead 22

XII. What kind of further research /improvements are needed? 22

XIII. Future of technology 23

XIV. References 25

I. Very Brief History

Facebook, also known as today’s latest “Myspace,” has been a huge hit on college...