ADMS 1000 Study Guide - Quiz Guide: Privacy Law, Cost Leadership, Zynga

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Natalie Guriel

Document Summary

Laws: few laws governing the internet and social media, made for few compliance costs. Taxes: no sales taxes (no hst) needed to be charged to members. It was a free service on the internet. Trade agreements: no international trade agreements required in order for the company to expand globally and grow. People did not have to spend money to join. Low interest rates: low interest rates may have helped the company reduce interest expense on any loans necessary to grow the business. Facebook"s members: some types of technology that facebook used included, chats. Page 1 of 6: sharing photos, video calling, news feed, games, like-pages, other technology available, smart phone apps, cell phone providers unlimited social networking (deal/partnership) with phone company. Consumers: facebook was free, fun and user-friendly for its members (i. e users/consumers/general public, members encouraged non-members to join. Students: facebook became used by not only students, but individuals of all ages.