EC-410 1022

EC410-9.10



EC410-9.10

Part 1

Model

1) As Faceplant is a social networking site, it employs a social network marketing strategy to promote the page. The growth of any product and/or service promoted through network marketing is exponential. This is because of the fact that each member of the network works as a marketing agent, and the more number of marketing agents work at a time the higher is the number of successful sales (or in this case joining). A social group is what derives human beings in this life. Whether someone likes to join the network or not, he/she will be attracted by the facts that their friends and family members gather on a platform to share their pictures, talk about events, make new friends and have a healthy social life.

2) I expect to see many other similar platforms or social networking sites like Faceplant. The exponential growth of this network will encourage many other business men to follow similar strategies and plans. There will be many users having conflicts and issues with different things in the network while others may have better ideas. People will try to develop better platforms by mitigating those flaws and implementing better ideas.

Empirics

Remy Researcher concluded that poverty causes poor health. This conclusion is totally wrong. Research might have shown a higher turnover of poor people in bad health conditions, but it is not necessary that someone who is poor will have bad health, necessarily and wealthy people will have good health. In fact, the diet routines of wealthy people are more unhealthy, whereas, poor people eat cheap and but healthy raw food. It may be said that everyone has medical issues, but rich people pay for high cost medicines to get cured quickly or at least mitigate the diverse affects of the diseases, whereas, poor people ...