Business and Social Approaches to Social Media Opportunities and Essay

Business and Social Approaches to Social Media Opportunities and Issues - Essay Example 3-7). Social media is defined to as the tools of communication available online that give people a platform to share opinions, views and obtain the resources that they need (Simour et al 2011, p. 3-7). There is use of tools such as texts, audio and visual resources among others. It is also known as social networking. Social media has brought with it innumerable changes in the way people to interact (Simour et al 2011, p. 4-7). The direct way of living and communication is slowly being replaced by virtual communication. Virtual is a word that means being effective, but not in the direct sense of it. The actual subject is represented by someone or something else but in every way represented. For example a person may be presented in the presence of their agent (Ludlow 1996, p. 67-75). The social interactions through the social media bring about virtual interaction. It is clear that expression of one self in the modern day is done through the social networking. The feelings of happiness, disappointments, and excitements, among other feelings, are expressly shared in the social net workings. In the modern day, one can literally receive every sort of information from the social media. Every thing that is of importance to the growth of the community is found in the social networks (Thielke 2011, p 48-55). For example, information on deaths, birth, and peaceful existence of people within the society is found in the social media. One therefore eliminates the need to relate with people directly as it were in the days past. As a matter of concern, whatever was once directly experienced has now shifted to mere representation of the same. Change has been inevitable with the upcoming of social network as far the corporate world is concerned (Ludlow 1996, p. 66-69). For any given person in the business arena, such change must be analyzed in terms of opportunities and threats to the enterprise. The enterprise is faced with the challenge of considering whether the

International investing Essay Example | Topics and Well Written Essays - 750 words

International investing - Essay Example And it is usually easy for holders of corporate securities to sell their shares when the business is not doing well. The stockholders of a corporation risk only what they paid for their investment. The growth of international investors has greatly increased the degree of world wide economic and political interdependence. Over the past years, there has been an increasing amount of investment in the U.S. by foreign investors and in foreign nations by U.S. investors (Brigham, Houston, & Clark, 2004). These developments only suggest an increasing degree of mutual influence and interdependence among businessmen and nations, to which the United States is not immune. Here are the primary reasons why investors go â€Å"international†. a. HOME MARKET SATURATION. After a company has saturated its home market, growth opportunities are often better in foreign markets. These foreign markets will create the demand for its supply as they give the company new sets of consumers and eventually demand for new products will be discovered. b. SPECIALIZATION AND COMPARATIVE ADVANTAGE. Many of the present multinational firms began their international operations because raw materials were located abroad. Specialization and comparative advantage come in. Specialization is the division of productive activities among persons and regions so that no one individual or one area is totally self-sufficient (Miller, 2004). A firm can reduce its cost by simply obtaining raw materials in countries where the price is cheaper. Other firms have moved their manufacturing facilities overseas to take advantage of cheaper production costs in low-cost countries. And because no single nation holds a commanding advantage in all technologies, companies are scouring the globe for leading scientific and design ideas. c. UNFAVORABLE DOMESTIC BUSINESS REGULATIONS AND POLICIES. The prevailing business regulations