• Submitted By: ram0o
  • Date Submitted: 10/30/2013 5:49 AM
  • Category: Business
  • Words: 453
  • Page: 2
  • Views: 102

"The Entrepreneurial Spirit" Please respond to the following:

* The entrepreneurial spirit fuels growth in the U.S. economy. From the e-Activity, for the Internet company you located discuss the founder’s vision for the company and how it has been realized over the years.
* Identify three characteristics of the founder’s vision that could be transferred to similar companies to improve their profitability.
The company that I have chosen is Facebook
Facebook is a social networking service and website launched in February 2004, it was founded by Mark Zuckerberg .
Facebook was designed for the exclusive use of Harvard students. The instant popularity of the website drove it to expand and become accessible to other universities, then high schools, and selected companies such as Microsoft and Apple. In 2006 Facebook became accessible to the entire world's population and by the end of the year it had 12 million users.

The mission of the Facebook social media network is all about the global sharing and connections made possible by the Facebook platform
"Facebook's mission is to give people the power to share and make the world more open and connected."
Facebook.com, pehaps the worlds biggest social networking website, is free to register and free to use – but there must be some way the owner makes money. Mark Zuckerberg, the youngest billionaire didn’t inherit this fortune – he earned it, and yes, all through the giant called “Facebook” he built up over the years.
Sure we all are wondering how Facebook makes money by just giving away free accounts! The secret is in the ads we see on our Facebook homepage. Yes, that’s where the mystery lies- advertisements. Facebook generates bundles of cash through its ads. You want to promote your business, want to reach millions of users, just create a Facebook ad, get millions of views, and that too for a very low price.
Facebook is intelligent – if you have mentioned that you are a fan of...

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