The International Language of Social Media:
The architects of previous generations in social capacity building, and commercial development in various countries were not expecting the Internet generation to develop social networking sites in languages that the world would understand.
Today, international business professionals, economists, and corporate multinational decision makers include social media in their macroeconomics and microeconomics research, strategy, and plans. Through this new platform, messages reach emerging markets and the demographics in various countries worldwide.
The New Norm:
The new normal in international business consists of new opportunities in markets that are rapidly growing and engaging the developed world through technology and social media. Emerging and frontier markets are becoming more attractive in cultivating the next generation of labor force and scholars in order to participate in economic advancement and multinational market entry worldwide.
Advanced economies are taking notice of building economic capacity through social media. They are also actively participating in the creation of new, innovative approaches to market entry. Alas, the world has truly become global—entertainment, education, cultural exploration, language, and marketing.
Faceconomics presents an avenue to be explored in the 21st century. It reflects how economies of scale can be multiplied and technology can lift societies worldwide. Face the new business normal.