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Global Communications Problem Solution 9

Global Communications Problem Solution

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Title: Global Communications Problem Solution

Essay Details:

Subject: Business

Author: Emma M

Date: October 14, 2012

Level: University

Grade: A

Length: 12 / 3435

Essay text:

Global Communications stock price has now dropped more than 50 percent and is now trading at $11 per share. In an attempt to increase profitability, the company has alienated the union and created possible issues with other stakeholders. The union is citing contract manipulation and has spoken out against the strategy stating that Global Communications failed to look at the union as a partner and Global Communications should have evaluated other options before deciding to send union jobs overseas. The union is threatening legal action. Global Communications has developed a two-step approach. First they plan to grow by introducing new services to small business and consumer markets including local and long-distance telephone, video services, satellite broadband, and wireless internet access...

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