Yahoo Inc Essay Example | Topics and Well Written Essays - 2000 words

Yahoo Inc - Essay Example It stands in the category of Google.com and You tube as the other two websites that attract more number of customers and attraction. With its headquarter placed in Sunnyvale, California the company has its market spread across a total of twenty five countries where it has its outlets expanded across the world in multiple continents namely Europe, Asia and America itself. What started off as a hobby of the two PHD students has turned into an enterprise and global entity in the era of a fierce competitive digital world where all the major businesses are subject to online activities and resources functions. Objectives of the paper: The paper looks into the early days of Yahoo Inc in the brief background section, followed by the overall structure of the company, its working, its scope and domain of operations, the financial standings, the recent hurdles faced, the internal state of the company, the reason for the changing of three top management officers in no time, along with the declin e trends in the financial sector. A major part of the paper entails a SWOT analysis of Yahoo Inc, that would allow understanding the overall standing and potential future prospects in a better way. Products and services: Few of the services provided by Yahoo Inc are its search engine, Yahoo mailing service that attracts billions of clients from across the world, Yahoo finance that gives an insight into the financial aspects. Other notable features and functions of Yahoo Inc include the Horoscope service, Yahoo Answers and numerous other similarly associated services. Yahoo’s website is amongst the very few world’s websites that attract over a hundred million online customers and users onto its website on daily basis. As the company would proclaim in its recently released annual report of revenue a grand of around 700 million people are associated with the Yahoo Inc services in one way or the other from all parts of the world. The services so provided are in more than 3 0 languages and across 30 nations. Mission Statement: â€Å"The mission statement entails the aim of becoming the world’s online industry’s most reliable and integral business and service provider†. This mission statement is enacted in due regard of the customers as well as the business partners and aims at keeping up with both. The company is not just a service provider rather it enjoys a repute and name in terms of the partnership with the various notables of the business industry from the same field. Other business terms and agendas include the core value definition. The core value of the company is defined in terms of the achievement of excellence and top notch performance. It aims at providing the best services around. With little need for recall and replacement of the items, products and services provided by the company. Other focuses and objectives of the company include the enactment of team work and extending the partnership with the investors. Creating products and opportunities for the workers to work on new and innovative grounds makes up for the policy in terms of innovation and creation of new ideas. Customer fixation, customers trust and reliable services delivery makes up for the overall outer strategy of the company based on the true spirit of the company’s manifesto and working agenda. Brief History: Yahoo Inc came into existence in the mid 1990s when the usage and spread of internet was on the boom and people formally started using internet for commercial and personal reasons. The yahoo search engine is amongst the first few search engines that were operational in the starting days of