Problem Solution: Global Communications

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Written by:

Joseph K


Date added:

December 9, 2015








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14 / 3895


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Global Communication is a telecommunications company who is currently experiencing diminishing revenue and profits. Over a three year period, the company’s stock dropped from $28 per/share to $11 per/share. The industries in telecommunications are constantly growing and this competition is placing Global Communication (GC) under tremendous pressure...
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The primary problem the company faced was too much competition from other telecommunications companies. With this in mind, the company decided to introduce new services through the company and identify cost-cutting measures to increase revenue and profitability. The company continues to lose ground and the stockholders have seen 50% depreciation in their stock value down from three years ago...
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