Running head: GLOBAL COMMUNICATIONS PROBLEM SOLUTION
Global Communications Problem Solution
MBA 500
University of Phoenix
Global Communications Problem Solution
Global Communications is a telecommunications company doing business in a volatile market with a high level of competition. This problem solution paper will address the issues Global Communications faces including reduced stock value, shrinking market share, breakdown in communications, and strained labor relations. Additionally, this paper will identify areas of opportunity for Global Communications to overcome these issues and regain its position as a leader in telecommunication industry.
Issue and Opportunity Identification
Currently, Global Communications is facing many issues in their day-to-day business operations. Global Communications is currently experiencing a decline in stock value; the stock has dropped by approximately 50% over a span of three years, from $28 to $11. With the stock price falling, investors are not inclined to invest in the future of Global Communications. Elevating the stock price is one of the most challenging issues facing Global Communications. The management of Global Communications recognizes there not one fix that will rectify the decline in the stock value, they will have to identify and correct the underlying issues, the stock price will then follow suit. Global Communications has decided that a new path must be chosen in order to survive. The Global management team has just gained board approval for an aggressive plan to globalize operations, create new services, reduce costs and regain market share. The plan presents many ethical challenges for upper management.
One reason for developing new services is to face the issue of increased ...