Read the Friendster story from Inc. while considering the Chapter 4 discussion of the value chain. Summarize the article in the first part of your paper. As discussed in the article, Friendster was the first online social network. The article describes several issues that led to the utlimate disintegration of the company and the failure of the idea. From the article’s perspective, some value chain elements were omitted. In the remainder of the paper, discuss the value chain elements as they relate to the product offered by Friendster. As has already been insinuated, there are elements of the value chain which were not present in Friendster’s delivery of services. In your paper, list those value chain elements that were included and those which were not present. Idenifiy and explain each element. In other words, be specific about the elements and what part of the company’s offering aligns with the value chain. Do not just list the elements, but be clear with your descriptions.
The assignments shall consist of four (4) double-spaced, type-written pages. Any source citations contained in the paper shall use American Psychological Association (APA) style. Written assignments should be written in 12 point, Times New Roman font using 1” margins by the assigned date. On the header of each page, please include your name, course number and name, and assignment name. On the footer of each page, please include a page number. Acceptable file formats include Microsoft Word (.doc) or Word (.docx) format. Files submitted in an improper format can’t be opened, therefore they can’t be graded. It is the responsibility of the student to submit assignments in the proper file format.
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