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Problem Solution: Global Communications
University of Phoenix
MBA 500
Problem Solution: Global Communications
This paper will give an intimate look into the strategic plan for Global Communications. It will go into the details of the plan, including the downsizing of the company to cut cost. Globalizing the company and outsourcing to increase the overall profit of the company are key issues that will be addressed..
May issues may arise from the implantation of the proposed plan. Problems, which generate low employee morale, reduction in profits and friction between the union and the stakeholders will be discussed.
Global communication has been faced with a loss in revenue over a period of time. They are now ready to excellerate their efforts of production. Several ideas have been presented. The company still feels that profit is its ultimate goal and by implementing a few changes they have a chance to succeed. We will explain the benefits of outsourcing work to overseas countries, downsizing the company from within and presenting the consumer with a new and innovated product that will surpass the competitors. With the help of a well established administration, these changes can help increase the profit of the company over time.
The Telecommunications industry has undergone many changes with the rise in economic pressure from various sources. In addition to escalating competition, cable companies newly formulated plans and calling features help deplete the market share from Global Communication. “To pump up the volume, the Global communication senior leadership team has developed a two-pronged aggressive approach” (company Overview). This new approach will be targeted tow ...