of Social Media – SixDegrees , MySpace
1997 - SixDegrees.com
Earliest form of social network site
Allowed users to create profiles, list their Friends and surf the Friends lists
Promoted itself as a tool to help people connect
Service closed in 2000
Reason for failure?
2003 - MySpace
Former Friendster users shifted to MySpace
more open in member acceptance
took the fo
historic tidal force that is globalization, and that is to put on the one-size-fits-all Golden Straitjacket. There is no alternative.
The rich countries
They force developing countries to accept neo-liberalism in order to take their own profit from them
Pressure developing countries to take neo-liberalism.
Say that they will give assistance through IMF, WTO, World Bank
if th
(1) Commercial Banks
influential through lending practices and providing information to small and medium sized enterprises
(2) Investment Sector
can influence over large companies
(3) Insurance Sector
have influence by pricing various types of environmental risk and to help pay for environmental damages
(1) Framework to develop new services
(2) Risk management capacity
(3) Access to
“Only a Quarter of Women were truly happy with the fit of their jeans”.
“Willing to Pay Little Extra for a perfect fit”
Target Customer
Specific needs +Narrow down their Array of choices
Re-engineered process Efficient
of BANKRUPTCY
On January 22, 2002, K-mart filed for Chapter 11 bankruptcy protection under the leadership of its then-chairman Chuck Conaway and president Mark Schwartz. Conaway, who had had success building up the CVS Corporation, had accepted an offer to take the helm at K-mart along with a loan of some $5 million. In a scandal similar to that involving Enron, Conaway and Schwartz were acc