Mba 510

In: Business and Management

Submitted By jhood11856
Words 4407
Pages 18
Global Communications Problem Solution Paper and Defense

Problem Solution:
Global Communications (GC), once riding the telecommunications boom of the 1990's, now has a plummeting stock price and very nervous 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 industry, 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 keep up with its competitors while watching its stock prices fall. Yet the investors are giving GC pressure to correct the problem. GC needs to offer better or a new services than what their competitors are not providing to their customers. Simply put, Global Communications is not where it needs to be in terms of globally viable business opportunities and general profitability. Our paper will present the problems currently confronting Global Communications (GC) and the solution of implementation of an aggressive approach to be a truly global resource.
This paper will discuss the alternative 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.
Issue Identification GC has four major issues 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 than 50 percent depreciation." (Anonymous, 2007). The second issue facing GC is competition. GC competition "cable companies" offer a full service of phone, cable, and internet. The third issue is operation costs of GC and…...

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