Search Engine Industry 4 Porter’s Five Forces 5 Three Driving Forces 8 Competitors 9 Key Success Factors 10 Summary 11 Strategy 12 Financially 13 Strengths and Weaknesses 15 Functional Strategies 16 Problem 17 Alternative 1 Description 20 Alternative 2 Description 22 Evaluations 26 Decision 28 Implementation 29 General Environment In terms of the internet and search engine industry there will always be numerous external factors that are influencing Google and will
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PEST Analysis The PEST analysis is used in this report to evaluate the political‚ economic‚ social and technological aspects of the macroeconomic environment in the targeted market‚ Russia. This study helps to frame the basis for the decision-making about a possible market entry. Thus‚ it is of vital importance to scrutinize the macroeconomic environment as part of the market research. Political and Legal Aspects According to the Russian 1993 Constitution‚ Russia is a democratic federative state
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1) Factor behind Google early success: a) Advanced Algorithm. b) The high growth of World Wide Web c) Better and more efficient algorithm d) Receive great funding from two huge venture capitals e) Well combined CPC and CPR to charge the advertisers f) Business Model innovation (Search engine‚ contextual‚ Froogle‚ local advertiser‚ etc.) g) Product Improvement (fine tune the algorithm‚ give software to optimize clients’ ads) h) Innovation management (Google unique atmosphere that is very supportive
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Case Summary: Google has quickly become one of the most recognizable brands and leading companies in the world. The company has perfected the internet search engine and has expanded to offer more than 120 products globally. Innovation is truly the foundation of Google; employees are mandated to spend 20% of their time on pet projects. Further‚ they are able to choose from various platforms and operating systems that make the most sense for individuals. Embedded within the culture is a set of notions
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Google Inc. began in 1996 as the brainchild of two bright computer science grad students‚ Sergey Brin and Larry Page. These two intellectually gifted men met in 1995 at Stanford University where they were doing their PhDs. During their time together at Stanford‚ both came up with creative ways of finding and organizing large amounts of data. After that‚ Brin and Page developed a technology called PageRank that enabled them to analyze a particular website’s significance. The idea of a search engine
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Corporate Values‚ Google became a very successful company in the world. Google’s integrality in providing search result helps Google to succeed. There is great potential revenue can be generated from their search service. However Google corporate value “Don’t be evil” refuses to compromise the integrity of search results. The quality search result is important to secure user’s usability of search engine and the confidence in Google. Google’s emphasis on technologies helps Google to excel its competitors
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students from Stanford University collaborated to invent a new search engine. Larry Page and Sergey Brin named their new search engine BackRub because its purpose was designed to determine the amount of back links leading to the websites. David Filo‚ a prior user of BackRub convinced Page and Brin to leave Stanford in 1998 and focus on making their search engine the best internet company of all time. BackRub was then renamed Google which was inspired from the number 1 followed by 100 zeros. In 1998
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NUMBER: 004MKT412 GOOGLE COMPANY Table of Contents Introduction 2 Executive Summary 2 Enterprise innovation-products and services 2 Innovation from entrepreneur network 3 Innovation from Management team‚ marketing and operation 4 Innovation from company’s culture and current and future business 6 Reference 8 Introduction Nowadays‚ whenever people want to look up and search for anything that either complicated or simple‚ the first thing that is coming up definitely is Google. Google is familiar
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1) Discuss competition in the search engine industry. Which of the five competitive forces seems strongest? Weakest? What is your assessment of overall industry attractiveness? In order to assess the potential for profit in any industry‚ Porter’s Five Forces analysis can be applied as an important tool. a) Rivalry among Competitors * Rivalry among search engine firms is Very Strong. Google has an 80% market share in the search industry with several rivals. The competition
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mine” that gave birth to a multi-billion dollar business‚ named “Google”. Google is one of the most successful corporations that have ever been established. Through innovation‚ persistence‚ growth‚ and cooperation‚ Google has become a major public corporation in the United States. Today‚ it is a recognizable world brand‚ a technology leader‚ and a top Internet destination. “Google is everyone’s friend”. Google made the search engine industry a pleasant experience for every party involved. Investors
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