Strategic Analysis Of Verizon

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Verizon communications Inc. is one of the largest company’s that offer one of the most innovative ways to communicate across the world. This includes internet, digital media, broad band services, mobile voice services, unlimited data series as well as cable TV. Verizon was originally established sixteen’s years ago on June 30, 2000. This merger was considered one of the most memorable mergers in business history, between Bell Atlantic Corporation and GTE Corporation. Now servicing millions of customers daily. Operations exceeded expectations due to GTE being the worlds largest telecommunications companies prior to the merger in 1999 (2016, September), the history of Verizon Communications., retrieved from http://www.verizon.com.
As this new …show more content…

As mentioned in the text, “competitive intelligence is a systematic and continues process of gathering (Weber, J. (2014).” AT&T has increased its competition on the leading phone service in the US, Verizon. In Verizon attempt to perform for the third-generation systems, AT&T is now the leader of DirecTV. Now with the competitive edge wireless firms such as T-Mobile and Sprint are revamping plans and cutting prices. Verizon “reported third quarter revenue dropped 4% to $22.1 billion, at a disappointing quarter, net lost of 36,000 regular monthly subscribers (Pressman, 2016). …show more content…

For example, the social expectation the public would like to see an offer of unlimited mobile data. If Verizon seek to meet their commitment to customers, they will open business opportunities to improve its brand. Business ethics should not be a request but to be expected. Emphasis on ethical reasoning and actions is implemented to ensure all are equipped to resolve issues such as collecting information without customer’s permission or knowledge (Dewan, 2016). Verizon was issued a fine by the Federal Communications Commissions in the sum of $1.35 million dollar. A penalty for violating consumer privacy laws should not be taking lightly. It violates consumer trust and imposes liability and loss to shareholders. With quality training, workshops and programs for employees as well as management will help the company face ethical challenges that could contribute to welfare or paralyze its principle. Technology continues to advance and globally integrate society. The effect on business, government and social networking creates valuable resources that will offer the next generation education, competitive creativity and research development. Verizon has sustained innovation. In Southeast Louisiana Verizon offer recognition to mid-sized companies and non-profit groups to showcase their technology innovation. This awards

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