Question:
Submit each answer in this in bullet points.
1. Review the development of the Facebook web-based social networking industry.
2. What are the key characteristics of the industry as it is currently structured?
3. How did Mark Zuckerberg ensure that Facebook was on a sound trajectory for growth?
4. Place Facebook's strategy in terms of Mintzberg's model of strategy development (planned and emergent), and evaluate its suitability.
5. Evaluate the competition in the social networking industry.
6. What are Facebook's biggest challenges?