Development of Social Networking Sites and Their Role in Business with Special Reference to Facebook

Abstract

The earth is huge in size whose area is 510100000 km2 which is divided into 243 countries worldwide and those countries have about 3200 religion and 6912 languages which are spoken by 7 billion people in world. These 7 billion people are using millions websites out of which some sites are social networking sites , as per records of these sites about 5 billion people are using social networking sites to share and transfer information and views etc. to each other also for business purposes. If we think according to the above data. So communication is not possible physically in this huge world. Here only social networking sites are making this possible. The facebook is a leading social networking site whose user are 1 billion. Facebook has won this position of population inn very short time. These social networking sites have their historical record of development and now they are facilitating various services to people and business worldwide. This paper is trying to explain the concept of social networking sites and their role in business.