Problem Solution:
Global Communications (GC), once riding the telecommunications pinpoint of the 1990s, now has a plummeting stock price and very loathsome board of directors. The future of the company depends on its ability to benchmark and outsource operations while effectively communicating the strategic plan in an ethical way. Like many of their competitors in this volatile effort, profit margin is shrinking, competition is intense, and the whole industry seems to be a losing bet on Wall Street. GC has fallen behind the telecommunication industry.
GC feels the pressures of the industries and trying to take up with its competitors while watching its stock prices fall. Yet the investors argon giving GC pressure to correct the problem. GC inevitably to offer better or a new operate than what their competitors are non providing to their customers. Simply put, Global Communications is not where it needs to be in terms of globally operable business opportunities and general profitability. Our paper impart present the problems currently confronting Global Communications (GC) and the solution of implementation of an aggressive draw close to be a truly global resource.
This paper will discuss the alternate solutions to their existing problems, risk assessment for the suggested alternative solutions, the optimal solution, and lastly the implementation plan to deal with the problem.
produce Identification
GC has four major adds to confront. The first issue is their falling stock price. Three years ago, its stock traded at $28 per share; today, the stock is valued at $11, more(prenominal) than 50 percent depreciation. (Anonymous, 2007). The second issue facing GC is competition. GC competition cable companies offer a intact service of phone, cable, and internet. The third issue is operation cost of GC and the tentative plan of layoffs/outsourcing. GC plans to cut operation costs and become more competitive by moving their...If you demand to get a full essay, order it on our website: Orderessay
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