Problem Solution: world(prenominal) communications CorporationUniversity of PhoenixFoundations of Problem-Based LearningMBA/500Problem Solution: Global chats CorporationToday?s Global expanding economy demands that corporations stay competitive non only in their local markets but abroad as well. As economic globalization continues companies face stiff controversy not only from other companies in the same market but also from adjacent companies twistinging one-stop-shop solutions to customers. Banking companies for example who where traditionally offering Retail or Commercial Banking services ar now offering other financial services typically offered by brokerage firms and insurance companies. Cable companies who used to offer cable services are now venturing in the telecommunications country by offering broadband internet and VOIP (Voice over IP) services. This cross-market controversy and economic globalization has forced many companies to rethink their armorial bearing statements and to restructure their companies and culture to meet new challenges in the surroundings to stay competitive.
This document entrust attempt to identify the challenges and opportunities that Global Communication faces in today?s global economy. It will describe in detail the problems faced by this caller and will propose an optimal solution supported by the benchmarking research that was conducted based on the end-state goals that have been identified for the company.
The plan of attack for presentation will follow the following 8 ill-use format: (step 1) federal agency background, (step 2)Problem definition, (step 3)end-state-goals, (step 4)alternative solutions and benchmarking validation, (step 5)analysis of alternative solutions, (step 6)risk assessment and mitigation, (step 7)optimal solution, (step 8)implementation plan, and finally a conclusion.
Situation Background (Step 1)In the face of an expanding global economy Global Communication position as an industry leader is sliding. As argue Street?s interest in the market itself continues to fade, modernization is the need of the hour. Stock holders are uneasy and there is an long competition to be dealt with. Under these circumstances company?s stock...
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