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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
i need for little essay each about 200 words. the essay just like make a story with some vocabularies. I will pay 3-5 dollars for each
First story should use 17 Vocabulary Words
1. So what happens in between fame and riches? Investors! People who believe in a company pour money into it in hopes that it will prove to be a good investment, and make them money in return.
2. Much money has passed hands as Facebook's Mark Zuckerberg gives portions of the company's equity (stock) to constituents such as Facebook staff.
3. A company may launch a product several times before it actually works well. This tactic of trial and error is called the version 3 phenomenon. Microsoft is famous for it.
4. The Web business model we call Ads means making money from promoting other people's products on your site.
5. The Web business model we call "selling stuff" means making money the way it has been made forever, exchanging physical products for money.
6. the Web business model we call Infomediation means making money by being in between the people who have info and those who need it.
7. The Web business model we call "selling data" means making money by selling what you know about your users.
8. When data is anonymous it is unlinked from anyone's identity. But is it more or less valuable when it is not linked to you? Would you pay more for linked data?
9. The Web business model we call Subscriptions means charging people by the month for your service.
10. The Web business model we call "selling to businesses" means making money not from individuals but from organizations who will pay for what ordinary people may not.
11. Users don't want to pay for software, but businesses do. For example, Google charges companies who want to use their products on intranets (internal sites). The same could happen with Facebook.
12. The Web business model we call "getting underneath" other businesses means making sure even your competitors need your product to succeed.
13. Facebook is angling to be the single sign-in on the Web. For now Facebook sign-in is free for other companies to use, but once everyone is using it, will Facebook try to monetize it? Why wouldn't they? When users expect to use only the Facebook sign-in, other companies would be forced to pay Facebook so their users can have what they want.
14. The business model for mobile is evolving: the most common strategies are to sell many units for a very low price each, or the “freemium” model in which they give away the product, then sell virtual goods and extras.
15. It's hard to get discovered in the virtual market; giving things away for free helps earn eyeballs and buzz. If you establish a large base, you can then upsell users (that is, get them to buy more after they have the basic product).
16. Farmville's method consists of: 1. Frustrating you; 2. Rewarding you (you can pay more to “unlock” systems); and 3. Creating a gift economy (which is really viral marketing. They get users to advertise for them, in this case by giving and getting gifts among friends).
17. Facebook is dogfooding the intranet capabilities of the site. That means Facebook teams themselves are using the capability first to prove that others might want it as well.
Second story should use 11 Vocabulary Words
1. The term authority is based on trust. It is the trusted, definitive, beyond-question source of some sort of information.
2. In the pre-online era (before the Web), we used publication processes for vetting information before it was released.
3. What information enters the public realm can be decided by people already considered authorities. They function as gatekeepers, letting through only the information they want to.
4. In the computer world, a set of steps you follow to reach a goal is called an algorithm.
5. A good example of vetting by algorithm is Google Search. Even though people created the algorithm, there are no experts involved in this process of ranking the results you see.
6. Social ranking, or popularity, is an increasingly important way of figuring out what information is most relevant to you.
7. Vetting by the crowd has come a long way and is becoming an important way of checking information. Mechanical Turk is a good example crowd-sourcing. It brings together thousands of people who might be just who is needed to solve a problem for you.
8. The process by which information is evaluated for accuracy and trustworthiness is calledvetting.
9. Wikipedia is a wiki, which has come to mean a place where the crowd can collaborate quickly to make Web pages.
10. An IP address is a series of numbers that identifies a particular computer. They may or may not be a reliable way to link you to what you do on a computer.
11. There are special people called administrators at Wikipedia and in other systems who have rights and abilities above the normal user's
Third story should use 6 Vocabulary Words
1. Before the electronic era information was usually directly communicated and not recorded, much of the information you received was hearsay. As you know, this is an untrustworthy form of information because it's so prone to distortion.
2. An end-user agreement creates a contract between you and a software company
3. One type of end-user agreement is Opt in. This means that you are not part of a program or activity until you say you want to be. This requires extra effort on the user's part to say they want to be part of an agreement.
4. If an end-user agreement is opt out you are part of a program or activity it until you say you don't want to be. It requires extra effort to decide not to participate.
5. The “Eye in the Sky” refers to satellites, looking down on populations and recording their actions.
6. The “Data Eye in the Sky” refers to large scale data aggregation that governments like our own are now performing. Governments ask what is going on and what should we do about it?
Forth story should use 8 Vocabulary Words
1. A Web site is information on the Web that is more closely associated with itself than with other information on the Web.
2. Web pages contain ways of getting from the page to other pages. This is called navigation.
3. A Web page area is a distinct region of the page that includes one defined region of the page.
4. The banner area at the top of the page. It tells you who owns the site you are on.
5. The language for Web page display is called HTML.
6. A communication channel is a way of delivering information.
7. Each communication channel has its own affordances, that is, what it allows you to do and not do.
8. The fact that the online channel is digital means that all forms of communication use the same format (bits) and use very little power to communicate a lot of information so communication can be very cheap.
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