Business Formal Report Essay Example | Topics and Well Written Essays - 1500 words

Business Formal Report - Essay Example The significant aspect of social media or online social networks is regarded to be one of the most incredible technical phenomena in this contemporary world. It has been viewed that most of the renowned business corporations which include Wal-Mart, Amazon and Kohl’s Corporation and other organizations are using the medium of social networking or social media by a greater extent. The aforesaid business companies believe that they can attain their expected business objectives such as enhancing profitability, increasing market share and mounting business reputation by using social networking medium. These organizations view social media as one of the effective business tools in marketing their valuable products in different regions of the world. The various important advantages of using social networking comprise broadening business contacts, enlarging market research and facilitating open communication with the customers. Additionally, the other major benefits of using a social networking medium comprise enhancing business reputation, growing substantial client-base, improving profitability as well as productivity and most importantly permitting the employees to discuss any sort of important ideas or share links with others. In relation to the findings of this study, certain recommendations have been framed in order to improve social media. In this regard, the different business corporations need to create attractive fan pages in order to post recent updates and share as well as upload attractive videos about their different products. On the basis of the above discussion, it can be stated that the use of a social networking medium can benefit the business organizations by a greater extent. ... The various important advantages of using social networking comprise broadening business contacts, enlarging market research and facilitating open communication with the customers. Additionally, the other major benefits of using a social networking medium comprise enhancing business reputation, growing substantial client-base, improving profitability as well as productivity and most importantly permitting the employees to discuss any sort of important ideas or share links with others. In relation to the findings of this study, certain recommendations have been framed in order to improve social media. In this regard, the different business corporations need to create attractive fan pages in order to post recent updates and share as well as upload attractive videos about their different products. On the basis of the above discussion, it can be stated that the use of a social networking medium can benefit the business organizations by a greater extent. Introduction The perception of soc ial networking involves the execution of online mediums or websites that facilitates the people to communicate or converse with their families and acquaintances. It is regarded as an act of networking as well as interacting with others within a social online setting through the execution of websites. The notion of social networking is also regarded as an imperative practice for the expansion of businesses by establishing social contacts or connections with the individuals through the aid of online websites. It has been apparently observed that a large portion of different business organizations employ this significant conception of social networking while performing their business operational functions throughout the globe. The