External & Internal Factors: Verizon's strategic planning to deal with these factors

Verizon Communications, (NYSE:VZ), formed by the merger of Bell Atlantic and GTE, is unmatchable of the worlds leading providers of high-growth communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with oer 137 million access line equivalents and everywhere 34 million wireless clients. Verizon is also the worlds largest provider of photographic print and online directory information. A Fortune 10 company with more(prenominal) than 221,000 employees and $67 billion in 2002 revenues, Verizons global presence extends to everyplace 30 countries in the Americas, Europe, Asia and the Pacific. As a company of this size, incorporated planning is a vital function to deal orthogonal and internal divisors, in which, the companys goals or objectives are achieved. In addition, a easily-defined strategical planning implemented provide be the guidelines in traffic with each factor, such as, rapid change, glo balization, engineering science science, e-business, innovation, diversity, and ethics. We will break atomic reactor each factor as how Verizons business plans set their objectives in being the leader of communications services. Rapid Change If there are central issues that characterize the challenges twenty-first century corporations face today, those issues can be summarized as competition and change. (Dessler, p. 13) Rapid change is a silvery-leaved vegetable factor that most corporations needed to prepare itself, in order, to be competitive. That is, Verizon is implementing a reconstitute of their lines of business.

One of their focuses is c! onstantly providing avail of customer services for their customers, such as a straightaway profit connection, bundling of services, or offering more conciliatory promise service (local & long distance) packages. The downturn of this restructure is centering position reduction, in which, approximately 200 managers will be losing their jobs due to departmental merger. Globalization Research in the solid state technology for the improvement of telephony transformation systems made... This paper does a right job of focusing on The main elements of external\ natural factors within a companies sucess. It is sited well and goes into a good command detail. If you want to get a full essay, order it on our website: OrderCustomPaper.com

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