In: Accounting
Question:All the questions listed under are related to Twitter.Inc and Facebook please be specific
Identify the economic characteristics of the industry in which the firms participate and assess their level of competitiveness.
a. Economic attributes : demand, supply, manufacturing & marketing
hanks for the help ~
provide refrences if u can
the information asked are within the question ,and I've given example how to solve it so please hepl me
R
Twitter is an American online news and social networking service on which users post and interact with messages known as "tweets. It is accessible through through Short Message Service (SMS) or its mobile-device application software mobile app.
Demand is not fixed as people twitting are dependent on many events around and urgency to express an opinion.
Supply is not a constraint as servers can be hired anytime if the subscribers increase. As it is a service based company manufacturing is hardly a part. However, marketing is a serious thing that company has to undertake. Currently Twitter is too large for anyone to take on. Micro blogging websites have huge opportunity to compete with Twitter.
Twitter is an American online news and social networking service on which users post and interact with messages known as "tweets. It is accessible through through Short Message Service (SMS) or its mobile-device application software mobile app.
Demand is not fixed as people twitting are dependent on many events around and urgency to express an opinion.
Supply is not a constraint as servers can be hired anytime if the subscribers increase. As it is a service based company manufacturing is hardly a part. However, marketing is a serious thing that company has to undertake. Currently Twitter is too large for anyone to take on. Micro blogging websites have huge opportunity to compete with Twitter.