This document provides a situation analysis for a presentation on whether MySpace could be a place for Koreans. It discusses the small world effect, which is the idea that everyone is connected through only a few steps because people tend to associate with others who share similarities. This suggests that Koreans on MySpace may find each other more easily than on other platforms due to shared interests and connections through just a few degrees of separation. The document examines this environmental analysis and provides a strategy and action plan to conclude the presentation.