1 3 Adding Value to the Organization Sieta Graham University of Phoenix MGT/576 Professor: Baudot Due Date: 03/21/23 Adding Value to the Organization Comcast is one of the nation?s largest telecommunications companies. They are involved in creating entertainment and technology that many people around the world. These inventions range from internet, television, and phone services. Not just based in the United States the telecommunication company offer services in more than 200 different countries. Comcast decided to acquire NBC Universal in 2011 as part of there expansion. This allowed them to include station groups as well as theme parks as part of there operations. By making such a drastic move they became a majority stake holder. The company takes pride in providing much needed services to consumers households. Organization strengths & weaknesses Although the are the nations top telecommunications provider they have some areas of the business that have great strength and weaknesses. For example, one strength is them be able to adapt new technology and innovation. …show more content…
By introducing their products and services to hypermarkets they will be making up for the markets volume. By having more input in manufacturer control which include evaluating different raw materials from different suppliers can help to capitalize on the organization resources. They key is building a better and stronger consumer base if they focus on the quality of products they are offering and what regions they are marketing. The company is made of three important parts which include television, internet, and phone service. They are a brand that can capitalize on cost of content, film, and even sale on production. If the company take advantage of this opportunity, they will have the benefits of having better capital, increase of subscribers and even the tools they use reduce time on training for
State Street Corporation - a financial services and investment management company based in the U.S. that owns about 4.4% of Comcast's outstanding shares. Capital Research and Management Company - an investment management company based in the U.S. that owns about 2.8% of Comcast's outstanding shares. Wellington Management Group LLP - an investment management company based in the U.S. that owns about 2.6% of Comcast's outstanding shares. Individual shareholders. Brian L. Roberts - Chairman and CEO of Comcast Corporation.
The diversification lowered the overall risk of the firm and created an information network among the divisions, which was critical for the company to gain competitive advantage. The loyal customer base was another strength. The $60 billion assets that under the company’s management provided the company a positive brand image and made it easier for the company to attract new customers. Weakness:
Alternatives As an alternative to issue 1, Comcast can utilize one of its competitive advantages, mergers and acquisitions, to potentially buy out smaller wireless or satellite providers and use their technology to bypass installing fiber optic cables in rural areas. While the upfront cost are large, potential long-term benefits may exist. Finally, if the NBC Universal merger is approved by regulators, Comcast would have access to $50 billion in additional revenues. A portion of these revenues could be used to replace existing coaxial cables over time.
As news networks began to grow, profits quickly became a big concern. Companies began merging into giant conglomerates, sometimes overtaking small family-owned businesses. These massive companies focused heavily on their stocks and the stock market; Wall Street became of high importance to news agencies. Eventually, broadcast news stations became more focused on the money and competing with their opponents rather than keeping up on the
"Telecommunications - the term 'telecommunications' means the transmission, between and among points specified by the user, of information of the user's choosing, without change in the form or content of the information as sent and received,"* Telecommunications technology has evolved by leaps and bounds over the past 30 years. In the early eighties the first mobile telephone was introduced, then the first full color 2-way video conferencing service, followed by fiber optic cables – capable of 20 million bits per second (300,000 phone calls). The nineties brought us the World Wide Web, the Telecommunications Act of 1996, 56 kbps modems, the Internet 2 – university campuses connected at 1 Gbps through SONET and ATM connections, and ADSL-lite
By investing heavily in R&D and developing its innovation competency,
" In addition, the company helped advertise Nando's Bruno Stunt, Nando's Portugasm, and others. Through activations and sponsorships, the company works to surprise consumers and make them want to learn more. Our clients know they can count on us." Many factors influence the success or failure of a business.
Other than that company is offering a wide range of products at competitive price it is completely online base which reduces operation cost, allow their customers to compare the price in the precious time even they provide smart tools, free shipping opportunities to its customers. After wards it is handling its operations in this manner that it handles its customer relationship via websites different companies can sell its product through using Amazon and even it is offering different kinds of services including web design, solutions related to e-commerce
More specifically, as strengths of a company it may consider the marketing plan, the management and the evolution of technology. The Internet Marketing plays one of the most important roles because using the Internet to market and share music is a way to reach a deal with recording label and earn millions for that. Free online promotion brings money in companies and help musicians and artist to start their career and become popular. Record labels dominate in the music industry and provide the opportunity in artists to make contracts for a lot of
This can increase our total profits as a company with the raised awareness in our brand and services and the growth in our client base. If we also increase our advertising budget, then we
The above attributes, the company had in common with the other competitors and it was successful in providing the same to the
• Operations are disturbed by market fluctuations as it is a global brand. Opportunities: • Accession of other small companies • Bringing out more products for rural people and the economy class Threats: • Excessive promotion may make the product generic • Availability of low cost competitors. Inspite of many challenges the company has survived for more than a century and is providing their care and assistance globally.
This lawsuit blames WorldCom of unfairly exploiting the telecoms regulations at the expense of its competitors. Detailed Analysis: The WorldCom case has become a kind of typical case of corporate governance failures. The world’s second largest telecommunications company WorldCom after the disclosure of massive accounting irregularities, filed for bankruptcy in the federal court in Manhattan in 2002. It provides a genuine case study in the failure of corporate governance and suggests a number of lessons in how to avoid its repetition.
Time Warner was an American media company that specializes in digital media, publishing, filmed entertainment, cable networks, cable and music. It also provided cable television services and pre-recorded compact laser discs. Major revenue generator for Time Warner was its magazine publishing and sheet music publishing, well known music licensing to radio stations, motion picture production and distribution services. Its corporate headquarters is located in New York City.