Business Administration Essay

772 words - 3 pages

VerizonIn the year 2006, Verizon Wireless was able to practice tremendous enhancement in various crucial metrics. The range was limited from above $50 million down to below $30 million and record turns increased from below 15 to more than 25. The operating expense 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. Verizon Wireless is on the cutting edge of technology. There are several different types of technology such as new DSL lines, dedicated internet access and Integrated T-1 and T-3 access to name a few. As a growing business you would have a wide variety of choices available to you, in order to build the type of network that you would need to operate in the most efficient way.E-BusinessAll over the country people are doing more shopping and selling over the internet. The technology that Verizon is developing will enable everyone to have the connectivity that is needed for uninterrupted connections. The Verizon website can take you to the how to of e-commerce. Some of the items that you can find there are how to develop a web site, ways to get your site ready to sell and the what to do and what not to do for your business. E-commerce is such a broad topic, but as the Web evolves more and more companies will start to advertise and sell on the web which will probably cause businesses to downsize some of their departments such as marketing and customer service to name a few.This could lead the organization to specialize in quick response but excellent quality wireless services to local companies. This would place intense pressure on the organization’s employees to be knowledgeable with the current developments in wireless services where possible. These assessment outcomes can secure Verizon Wireless from wasting its financial resources for the incorrect promotional tools and procedures. Monitoring or assessment involves the application of tools to evaluate promotional appropriateness. The plan can be assessed with regards to the development in sales that is attained at a quarterly and yearly basis. This would immediately connect to the goal of establishing demand and improving sales. Nevertheless, it is essential to put into emphasis that it can be hard to manage for...

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