Google's Business Strategy Addressing The Challenges15
Task 219
Strength19
Problems and Challenges Faced by Google21
Weaknesses23
Revenue Stream25
Google's Revenue Streams25
Task 328
Google's opportunities and threats28
Competitors28
Task 430
Google's Mission Statement30
Google Acquire31
Future of the Google32
Conclusion34
References38
Appendix40
List of the companies acquire by Google40
Google The Search Engine Company
Task 1
Introduction
Google has become one of the biggest corporate conglomerates in the Internet and business world. How could a simple idea proposed in a dorm room by Larry Page and Sergey Brin grow into this huge giant of the business world? The purpose of this case study is to examine the reasons as well as possible scenarios that will help Google lead the charge throughout the new millennium. (John Battelle, 2005, 67-73)
History of the Google
Google began in 1996 as a project by Larry Page and Sergey Brin. Larry and Sergey were both studying at Stanford University California. In their research project they came up with a plan to make a search engine that ranked websites according to the number of other websites that linked to that site (and ultimately came up with the Google we have today). Before Google, search engines had ranked sites simply by the number of times the search term searched for appeared on the webpage, and the duo set out to make a more "aware" search engine. (John Battelle, 2005, 67-73)
The domain google.com was registered on September 14th 1997 and Google Corporation was formed a year later in September 1998. Google started selling advertisements with its keyword searches in 2000, and so Google Adwords/Adsense was born. These advertisements used a system based on the pretence that you only paid for your advertising if some clicked on your ad link - hence the term Pay Per Click (PPC) was born. (John Battelle, 2005, 67-73)
The term PageRank was patented in September 2001 - this term is actually named after co-founder Larry Page and not, as some think, named because it is the rank of a page (webpage).
Also in 2001 co-founder Larry Page stood down as the CEO of Google and former CEO of Novel. Eric Schmidt. was appointed as the new CEO of Google. Google moved its offices to its large Google estate (nicknamed GooglePlex) in Mountainview California in 2003, and is still based there today.
In 2004, Google launched its own free web-based email service, known as Gmail. This service was made to rival the free online mail services supplied by Yahoo and Microsoft (hotmail). This new free email service shook up the very foundation of free email with its enormous 1 GB of email storage which dwarfed its rivals' ten-fold. In 2004 Google launched Google Earth. Google Earth is an amazing creation that is a map of the earth based on satellite imagery. This interactive globe of the world allows you to type in a search for any place in the world and you will automatically be taken to that part of the ...