Generic Benchmarking Worksheet Task A: Problem/Opportunity Statement Instructions for Task A: In the Response row, write out the problem/opportunity statements for the scenario for each of the team members. Response to Task A: Global Communications will meet our customer and shareholders' needs by creating by creating win-win partnerships that stimulates product expansion. Global Communications will meet our customer needs by product globalization and customer service superiority. Global Communications can use satellite technology and strategic partnership to regain market share and become a global leader in telecommunications. Global Communications can become an industry leader by outsourcing labor and …show more content…
By creating partnerships with satellite and wireless providers, a full range of telecommunication products can be offered. Topic 4: Expand Global Market Presence Expanding Global Communications international presence is an opportunity to grow socially and Financially. There are opportunities to growth in economics, social, governmental, and industrial. Expanding global market presence offer opportunities to expand the customer base, provide more choices for customers, raise customer wealth, increase revenue, lower overhead, lower inflation, and create new jobs. Global expansion challenges the customer to face potential competition from global carriers. Other challenges are culture differences, and infrastructure, which will overcome as the company grow and develop. The stakeholder perspectives are willing to promote, and invest whatever it takes to expand their global market presence. By outsourcing labor to foreign countries is a win-win situation overall by satisfying the needs for the customer, company, and employees. Task B2: Generic Benchmarking: Companies Instructions for Task B2: In the Response row, identify companies that have faced and addressed similar situations (successfully and unsuccessfully). In the Response row, list two to three companies for each topic identified in Task B1. In the Response row, identify those that have been successful and those that have
Each team should respond in paragraph form to the questions that follow the scenarios presented below. Any disagreements or complications that occur within the team regarding the correct response should be noted in the Learning Team Reflection Worksheet for the week.
Stacy is strong reader with excellent decoding skills. She does have some difficulty with longer words. This lesson helps students like Stacy to segment longer words into syllables so that they can use their prior knowledge to read and comprehend words in context. The syllable patterns that will be used for this lesson are CVC, CVCe, and CVVC with an emphasis on compound words.
Discuss benchmark standards. Benchmarks are just a solution that is implemented to improve school performance in federal and state requirements in education. Benchmarks are used to achieve AYP change from year to year. AYP development models can be applied to make the accomplishment projection of individual students, considering every students' accomplishment level at the beginning stage and accomplishment rate previously (Öztürk, 2014). These projections can then be used to figure out if a student displays the accomplishment level expected of him/her at diverse focuses on time. Students can be followed exclusively in developmental models.
• Globalization allows for access to increased customer base by using online media and multinational brand presence.
The process of globalization has numerous significant effects on countries, organizations, and individuals. These effects can be observed in the quality of products, in their prices, but also in their availability. Because of globalization, numerous companies prefer to expand their business on international level. Some of them outsource some of their processes and activities to cheaper destinations that allow them to reduce their investments.
The flat world provides opportunities for collaboration. Rule number five by Friedman (2006) is about establishing that collaboration that will help generate new ideas and come up with diversification. The best way out of this is partnering with others in the industry and outsourcing services from talented people organization for the best interests of the business. As time goes, the business will be operating in some kind of network that helps it spread its antennae into all corners. Before McDonald’s or DHL went global, they started somewhere. However, collaboration with international partners has helped them increase their global reach.
Global Communications is a telecommunications company facing a changing market and increased competition. The leadership team has come up with a plan to outsource some call centers to other countries and create an alliance with a satellite company to provide additional services to their customers.
There are many opportunities for Global Communications in moving forward with its plan of action. The first opportunity is the possibility of increased technical sophistication by partnering with a satellite provider to offer video services and a satellite version of Broadband. This in turn will allow GC the opportunity to increased market share. By providing the consumer with a more diverse product to choose from, GC will be able to gain a competitive edge in the market and garner new customers in the process.
Global Communications will realize a growth in market share by expanding into international markets and by providing new innovated products and services. Increases in profitability
As globalization increases rapidly, for a company of every size, it will be important to create a
For example Etsalat has a long time experience in the industry all over the word. Zantel is using a collaborative strategy to create value to its customers by collaborating with national and international institution with common interests in communication services (Zeithaml, 2000). Currently the company has a roaming agreement that allows it to use Vodacom’s masts on mainland Tanzania to supplement its own. This is strength since Vodacom has good and reliable network coverage all over the country compared to Tigo which has a limited coverage (Ndukwe, 2004). This saves cost and time and increase efficiency.
The following advantages of global networking can positively impact any company that is actively involved in global marketing. These include:
The world offers significant business opportunities for every company, however, opportunities are accompanied by significant challenges for managers. Managing global operations across diverse cultures and markets represents a big challenge and opportunity for companies. To compete in the global market and be successful, companies must learn the strategies, policies, norms and technology necessary to conduct international business. The opportunities for global expansion are numerous, and attaining success is a matter of developing the right strategy to win local markets and its consumers.
significant differences between the group of firms that did answer and that who did not. Consequently,
Global Communications (Global), a telecommunications company, is faced with lack of consumer confidence and economic pressure. Senior management has developed an aggressive plan to hit the market with new services and an