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Their stock price was down to $11 from the $28 with in a short period and company started losing consumer confidence. To deal with this situations company management came with the two plans. First to realize growth they need to introduce new services primarily for small business and local consumers. On the other hand to get to the profitability stage, company needs to take cost effective steps through outsourcing some of their technical cost centers to India and Ireland. To bring back the consumer confidence the concept of globalization applied here by introducing new technological changes into local, long-distance and international market and for the effective cost-cutting measures the concept of outsourcing is a good fit...
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