The topic “ Facebook” A)Can you do research of 5 Forces Analysis of Facebook inc

Question

The topic “ Facebook” A)Can you do research of 5 Forces Analysis of Facebook include: -Threat of New Entrants -Threat of Substitute Products or Services -Bargaining power of suppliers -Bargaining power of Buyers -Rivalry among Existing Competitors B)Competitor Analysis of Facebook include: -Competitor Intelligence -Strategic Groups Defined -Strategic Group Maps -Strategic Group Map Insights -Strategic Group Map Dangers The topic “ Facebook” A)Can you do research of 5 Forces Analysis of Facebook include: -Threat of New Entrants -Threat of Substitute Products or Services -Bargaining power of suppliers -Bargaining power of Buyers -Rivalry among Existing Competitors B)Competitor Analysis of Facebook include: -Competitor Intelligence -Strategic Groups Defined -Strategic Group Maps -Strategic Group Map Insights -Strategic Group Map Dangers A)Can you do research of 5 Forces Analysis of Facebook include: -Threat of New Entrants -Threat of Substitute Products or Services -Bargaining power of suppliers -Bargaining power of Buyers -Rivalry among Existing Competitors B)Competitor Analysis of Facebook include: -Competitor Intelligence -Strategic Groups Defined -Strategic Group Maps -Strategic Group Map Insights -Strategic Group Map Dangers

Explanation / Answer

Answer: A

For Facebook, we are researching for the 5 Forces Analysis as below

-Threat of New Entrants: This is the force on Facebook due to the threat of new entrant in the market. The key threat is from the other social media tools like whatsap, twitter, instagram. These social media options are creating threat for the facebook.

-Threat of Substitute Products or Services: This is the threat due to the substitute product for the Facebook option. Thus any product that can substitute Facebook will create a substitute threat for the facebook.

-Bargaining power of suppliers: the bargaining power of suppliers for Facebook is that the suppliers are asking for price increase for support of Facebook, because these suppliers are getting different options in the market.   

-Bargaining power of Buyers: The bargaining power of buyer is a another force to the Facebook because the buyers have other social media options and they can explore is Facebook is not suitable to them.

-Rivalry among Existing Competitors: The rivalry among the existing competitors is a force on the Facebook and it creates a pressure on the Facebook.

B)Competitor Analysis of Facebook include:

-Competitor Intelligence: The Facebook is organizing the competitor intelligence for their competitors and they want to understand how the competitors are moving ahead and planning for their future.

-Strategic Groups Defined: The strategic group is defined for the Facebook and their key purpose is to defined the strategy for the Facebook business and focus on developing the key strategies for the Facebook so that they can achieve better success and growth in future.

-Strategic Group Maps – the strategic group maps are the maps that explains the strategic road map for the organization and the initiatives they are planning for the Facebook organization.

-Strategic Group Map Insights – The strategic group map insights are the details of the map that explains the key features of the strategic plan for the Facebook that they are going to execute in near future as per their strategic plans.

-Strategic Group Map Dangers – The strategic group map dangers are the key watch-outs which need to be managed while the execution of the strategic plans for the Facebook. These are potential issues that could impact the strategic plan, hence needs to be managed adequately.

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