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Problem Solution Global Communications 35

Problem Solution: Global Communications

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Title: Problem Solution: Global Communications

Essay Details:

Subject: Business

Author: Scott W

Date: November 11, 2016

Level: University

Grade: A

Length: 9 / 2623

Essay text:

The cable companies came into their market with new technology and strategy that made them lose sales volume and with that their revenues and profits. To solve that issue, they developed two aggressive approaches: Start new services to small business and consumer customers, doing alliances with satellite providers to provide video services and satellite broadband and cost-cutting measures to improve profitability by being aggressive at international markets to become a global resource. These solutions caused other issues that weren’t handled well by the same Leadership Team. With these actions, they caused layoff of a big number of employees and cut off of 10% of salaries for the others that were reallocated...

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