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Problem Solution: Global Communications
Problem Solution: Global Communications
Wall Street has recently been plagued by discouraging daily financial updates, decaying consumer confidence and a significant decline in the telecommunications industry. Various communication companies are grappling at their disappointing earnings and stakeholders growing pressure to succeed despite falling financial figures. Yet recession fears and the communication outlook for 2008 appear to be far worse than projected just several months ago. Unfortunately, Global Communications is facing the same downward financial forecast.
Global Communications is experiencing deflated returns, stakeholder pressure and industry competitiveness; in fact, too much competition. Local, long-distance and international markets are all competing for the same business. Just three years ago, its stock was being traded for approximately $28 per share. However, to-date, Global Communications stock is only valued at $11, more than a 50% depreciation.
Although Global Communications current financial forecast appears to be grim; their reemergence back into the industry is plausible. This paper will highlight the issues amongst its stakeholders, Global Communications problem, outline possible solutions and assess the corporations risk in the telecommunications industry.
Situation Analysis
Issue and Opportunity Identification
The unfortunate issue with Global Communications is deflated returns, stakeholder pressures and growing industry competitiveness. Yet their ability to rebound is possible if their stakeholders integrate their rights, ideas and values. Like it ...