edf40wrjww2CF_PaperMaster:Desc
Problem Solution: Global Communications
Problem Solution: Global Communications
Global Communication Company is entering into generation that depends on its technology for almost every facet of their life and living. Global Communication is a telecommunications company that is faced in a financial crunch. The economy is making everyone feel the financial burdens and including GC. Over the last 3 years, the stock value of Global Communication has dropped from $28 a share to $11 a share, which is more than 50 percent depreciation. This is one of the many reasons why GC has to change the way they conduct business, because if no one is buying their stock they have no financial backing. Also it will appear that GC could be heading into bankruptcy because the lack of stock buying, trading and value. Not only is stock value affected but the lack of not fitting into industry trends, in which the consumer may seek other options the will suit their technology needs. Global Communications has some problems that need to be addressed and some solutions that need to be put in to place in order to keep GC a striving competitor in the telecommunications industry. They must upgrade their media and boost new services for the customers. Technology is critical to Global Communication's survival. Outsourcing jobs to other countries is an avenue that they consider to cut cost. Employees of Global Communication will be affected the most by outsourcing because outsourcing jobs to other countries will cut labor/jobs in the US. These are situations that need to be addressed and assessed within the Global Communication Company.
Situation Analysis
Issue a ...