Identify a new business, not an industry but a company, that would not have been possible or likely to be in business a decade ago. Describe the business in one paragraph.
Describe how this business is taking advantage of changes in the external business environments described in Chapter 1 in a second paragraph. More than one environment may apply.
Incorporate APA Style in-text citations and correctly formatted references to properly document your resource.
Module 1 Assignment 2: Entrepreneurship
With the rapid advancement of technologies, Instagram continues to be an integral aspect of human life as well as business. Kevin Systrom launched the application in 2010 and has since improved the quality of life of humans through enhancing creativity and connectivity and communication across the globe. The application functions as a smartphone application, and is utilized to connect with friends and is utilized to share pictures and videos. In comparing the past and today, it’s clear that Instagram has had more advantages than harm, as it has changed the way that society is becoming more entrepreneurial every day. For instance, companies utilize Instagram to promote their products and services, reaching a an even larger number of people. It aids users in finding easily accessible information about brands, companies and products to make purchases. Therefore, Instagram is a key structure for both the public and business world.
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