This website uses cookies to ensure you have the best experience. Learn more

Analysis On Verizon Wireless

3346 words - 13 pages

A. Company History, Development and GrowthVerizon Wireless aspires for manageable development as a wide market leader in wireless services as well as for dominance in major wireless service markets. In both situations, the Verizon Wireless services will have to do critical roles. Verizon Wireless has the capability to establish its dominance in wireless service markets normally through acquisition of other powerful wireless service companies and their services, which are then integrated into a new, bigger organization. Giving training to its workers, enhancing the organizational functions, and the development of fresh innovations then establishes the positions of the different Verizon Wireless services. This logically leads in economies of scale that empowers the company to form a supply network for both the local and global wireless services. If a market is being managed by other grocery stores, Verizon Wireless dedicates its priorities regarding the establishment of a premium sector with its different wireless services.The goal of Verizon Wireless is to sustain the profitability of the company in a manageable way, while at the same time consistently enhancing the organization's operations. The tactics to attain this includes four aspects:1.Working hard in order to attain a dominant level in powerful wireless service markets2.Emphasizing on getting a great share of the wireless service market sectors.3.Striving in order to enhance the organization's efficacy and limit unnecessary expenses in their activities.4.Consistent development through logical mergers for as long as they are able to establish great shareholder value.In the year 2006, Verizon Wireless was able to experience tremendous improvement in various essential metrics. The inventory was limited from above $50 million down to below $30 million and inventory turns increased from below 15 to more than 25. The expenses of profits, not including the advantage from past miscellaneous expenses and the implemented part of the amortization of untouchable resources, went down from above 70% of earnings to below 70% of earnings. The integration of sales and marketing, research and technological changes, and general and operational costs was limited from almost $ 400 million down to almost $350 million, while at the same time enhancing on the speed of changes. Verizon Wireless' total earnings are estimated to have grown from barely reaching $1 million in the late 20th century to almost $ 900 million last year.B. SWOT Analysis of Verizon WirelessStrengths:•has wireless technologies and services that have a reputation for gaining a very strong retail. This involves an emphasis for the value of quality, comfort and various range of games and updated wireless technologies and services•has expanded tremendously over the past years, and has been in the procedure of growth all over the world.•Primary capability relies on the use of information technology (IT) to significantly aid its...

Find Another Essay On Analysis on VERIZON WIRELESS

Assessment of core competencies for Verizon Corp

1632 words - 7 pages . Local phone service has been the cash cow for decades, but is now suffering the ill effects of substitution. As such, Verizon's strategy focuses more heavily on rising star lines of business such as wireless and high-speed data services.Core CompetenciesCore competencies include the aptitudes and expertise most crucial to providing value to an organization. The SWOT and Five Forces analysis performed have helped to identify the following core

Forces and Trends Research Essay

1968 words - 8 pages Forces and Trends ResearchIntroductionThis paper will discuss the research findings in the forces and trends of E-diets and Verizon Wireless. An environmental analysis on both companies was completed to aid in these researchers' efforts. The industry and remote environments were evaluated to better assess the current situation. Industry environments will provide research on the following forces and trends; buyer power, supplier power, substitute

Verizon Position

2342 words - 9 pages decisions on or less than half of the data available to them. The survey indicates that the unstructured data, including emails, text documents social media and other content is not being utilized (Eckerson, 2002). Verizon Wireless has customers and subscribers uneasy with their policy changes on sharing customers calling records with affiliates, agents and parent companies. Brian Ashby, an associate general counsel for Verizon, said

aft assignment one

2195 words - 9 pages . Quality insurance checks are run regularly through on site calls or executive walk in to Verizon Communication stores worldwide. Verizon Communications customer service won numerous awards in 2012 including a recipient of CI0 100, Highest Standards of Excellence in Service by Amerinet Inc. and Reader’s Top Choice Wireless Carrier by PCMag.com for highest satisfactory rating in customer service. Also in 2013 Verizon won 2 customer service awards

Human Resources Department Roles and Responsibilities

925 words - 4 pages , serious problems can occur within the company. The areas supported by human resources department can also help pave the way for a successful, thriving company.The management at Verizon Wireless relies heavily on the expertise of the human resources department. Although traditional business thinking can portray this business entity as "dangerous" or "the enemy", a good relationship between employees, management, and the human resources department

Section V

1701 words - 7 pages -Mobile in family; finally, Verizon Wireless lost to Sprint in the education category. In analysis of the aggregate assigned values totals findings, Verizon Wireless achieved the highest score, which was 19.16% above the average of the five other organizations’ scores, but only 9.68% above the second highest attainment, by Sprint, and 23.61% above the two bottom scoring organizations, Samsung and Google. The results of the comparative analysis

verizon

1601 words - 7 pages Learning School’’ its training teachers and students to get use of mobile technology in the classrooms; they came up with a competition to create APPs to help solving problems in schools, 471 teams participated in this program [9]. Impact on the Environment Verizon was the first wireless telecommunication company that awarded ENERGY STAR partner of the year on 2013 for their efforts protecting the environment, they was awarded this for the fourth

Verizon Wireless's Benefits Package

2196 words - 9 pages on current and perspective employees (Levin & Millgrom, 2004). The analysis delivered a critical quantitative examination that showed Verizon Wireless definitively had the highest aggregate assigned values totals at 60, followed by Sprint at 53, and the four remaining organizations were constrained between 43 and 48. This data will be further explored and explicated. Incontrovertibly, the facts demonstrated in the Capstone Q2 subsection include

Verizon vs. AT&T

734 words - 3 pages pages, navigation, appearance, information, and quality that they offer. The home page is what buyers first see on the Verizon and AT&T web sites. They both have categories in which you can choose from. However, Verizon only has three categories in which you can choose from; wireless, residential, and business. Although this makes the homepage simple it doesn’t stand out to the eye of the buyer. AT&T has more options such as shop which includes

Oligopoly

538 words - 2 pages War --- Carriers Race to Drop Calling-Plan Prices, But Require More Customers to Pay for Data Services. Wall Street Journal (Eastern Edition), p. B.5. Retrieved May 7, 2010, from ABI/INFORM Global. (Document ID: 1940816281).Snapshots US Mobile Phone Services 2008. (24 January). The Snapshot Series. Retrieved May 7, 2010, from Snapshot Series. (Document ID: 1507993381).Verizon Wireless Launches Skype Mobile on Phone Devices. (2010, March 17). Extra. Retrieved May 7, 2010, from ProQuest Newsstand. (Document ID: 1995331641).

Cellular Phone Buying Guide

2444 words - 10 pages offered by the three major providers of cellular service in our area. These providers are Sprint, Verizon, and Cingular Wireless (formerly Cellular One). Although their many plans are similar, they can become extremely confusing. A calling plan should be chosen based on the following: 1) When the phone will be used. 2) For how long each day it will be used. 3) Where the phone calls will be made from. 4) Whom the user will be calling

Similar Essays

Verizon Wireless And At&T Analysis

1405 words - 6 pages the same service wireless, residential, and business. The mission that Verizon Wireless pursues is as a leader in communications, Verizon's mission is to enable people and businesses to communicate with each other. We are also committed to providing full and open communication with our customers, employees and investors. That’s just the beginning on their home page. Verizon has other values like customers first because they are ultimately the

Verizon Wireless Essay

891 words - 4 pages “Verizon Wireless” As we continue into the 21st century, one must consider the importance of technology and its ever-growing industry. This technology has made us able to communicate news, events, and other information throughout the world on a daily basis. Cell phone usage has increased ever since they first became available to the public in 1984 when they were large and expensive. Everywhere in the world people have cell phones, but as the

Verizon Wireless Essay

1518 words - 6 pages Verizon Communications, (NYSE:VZ), formed by the merger of Bell Atlantic and GTE, is one of the world's leading providers of high-growth communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with over 131 million access line equivalents and serving 53 million wireless customers. Verizon is also the world's largest provider of print and online directory information. A

Market Analysis On Wireless Business Growth

1602 words - 6 pages wireless technology in the U.S. will not be able to reach its full potential unless there is a unified global wireless technology standard.Security ConcernsOne of biggest inhibitors to wireless Internet market growth, globally, is the lack of, or rather sub-standard wireless technology security. For employees, data integrity and intrusion are the most important; however, inadequate security features on most current mobile devices are hardly reassuring