Global Communications is a telecommunications company that is currently going through a financial crisis. Stockholders are on edge because stock(a) values during the last three years have fall to $11 per share from a profitable $28 per share. The board of Directors is expecting the Senior Staff Team to come up with solutions as soon as possible. Therefore, desperate measures require to be implemented as soon as possible to decrease expenses and outgrowth revenues and profits.
The Senior Staff and the Senior Leadership teams had a meeting, which resulted in the Senior Leadership team developing an aggressive trip the light fantastic toe approach to target local and long distance function to small businesses and consumer customers and finding ways to cut expenses and increase revenues and profits. The firstborn graduation was to form alliances with satellite and wireless providers to offer television work, satellite, and Internet access to existing and in the altogether customers. The second step was to be more aggressive in marketing its services both nationally and internationally.
The President spoke with the Chief executive director Officer, Katrina, after a meeting with the Board of Directors and she sent an e-mail to the Senior Leadership team to let them know, according to the University of genus Phoenix Week Four Scenario (2007), The Board has approved our plan!
I just spoke with the President, who said the Board completely agrees that we need to enter and compete in local markets AND step up our globalization. They loved the idea of moving some of our technical see centers to India and Ireland (remember, our business case showed that in setting up new centers, we have the opportunity to reduce unit costs for treatment calls by nearly 40%) and thought it clearly support our strategy to transform into a global corporation inwardly three years.
Situation AnalysisIssue and Opportunity IdentificationSome...
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