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Business business environment vodafone essay example
In the current times, doing the right thing is increasingly turning out to be more difficult than before.Some people no longer understand what the best thing is.Things are no longer clearly distinguishable since there are many grey areas in the decisions arrived at by players in the business world (Kline, 2010) Best dissertation introduction proofreading services for college.Things are no longer clearly distinguishable since there are many grey areas in the decisions arrived at by players in the business world (Kline, 2010).
However, for the purposes of this paper, the best decision is any decision that will leave the stakeholders of a business in a better position than they were in before the resolution was made.
This is imperative of the people that do the right thing to adhere to all the codes of ethics that people have to follow (Sharp, 2006) .This is imperative of the people that do the right thing to adhere to all the codes of ethics that people have to follow (Sharp, 2006).Such circumstances are applicable in the event that a company has to choose between maximizing the shareholder value and having a positive impact on the society .Such circumstances are applicable in the event that a company has to choose between maximizing the shareholder value and having a positive impact on the society.33), “… the decision is costly to shareholders at first… enjoyed the reputation of environmental responsibility….” This is an example of common conflict between the attainment and maintenance of profitability and the realization of corporate social responsibility Marketing environment could be treated as periphery in which an organization operates its business and the business situations which could be suitable or adverse for the organization.
The elements of the marketing environment are external, internal and industrial environment (Mead and Andrews, 2009).Here in this report the special consideration has been paid to understand the impact of various environmental factors on the business operations.For the same purpose PEST and SWOT analysis has been done so that the information about external as well as internal environment could be gained.The selected organization for current scenario is Vodafone one of the world’s largest telecommunication sector organization.1 Explain how economic systems attempt to allocate resources effectively Vodafone is UK based organization and has built its reputation into the telecommunication sector.It is world’s 2nd largest mobile telecommunication company and was established in the year 1991.Vodafone provides its services in more than 60 countries and due to worldwide operations, the level of profit is also high.The number of employees for the cited organization is approx 90000.The major objective of Vodafone is to improve their telecommunication services and to deliver the excellent network facilities to the customers.
Ahead company is dedicated to maintaining their market leadership position.The company deals in both product and service sector but mainly their categorization are more suitable in the service sector.The company deals in the area of internet services, mobile network, and digital television.The pricing strategy for the company is very competitive and on place mix they have their operations more than 60 countries.
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In some areas Vodafone works in partnership and regions, they have their operations without any partnerships.
As Vodafone has its operations all over the world, so they have access to all kind of promotional channels.They use internet platform, social media, traditional channels to disseminate the product offers and most importantly the advertisement launched by Vodafone could be considered as most innovative and informative How to write a college thesis proposal environmental technology American 48 hours 81 pages / 22275 words Turabian.They use internet platform, social media, traditional channels to disseminate the product offers and most importantly the advertisement launched by Vodafone could be considered as most innovative and informative.
Thus, it is a very small description about company’s marketing mix elements.Task 2 PEST analysis ) PEST analysis is an analysis that consist the study of external factors with relevancy to any business Best website to write a college environmental technology thesis proposal 87 pages / 23925 words single spaced Junior British.Task 2 PEST analysis ) PEST analysis is an analysis that consist the study of external factors with relevancy to any business.The suitability or the unfavorable situations could be identified with the help of PEST analysis Best website to write a college environmental technology thesis proposal 87 pages / 23925 words single spaced Junior British.
The suitability or the unfavorable situations could be identified with the help of PEST analysis.
It involves the political, economical, social and technological factors.The description of PEST analysis, with the context of Vodafone, is given below: Political environment- The definition of political environment state that in which the role of political factors and legal aspects is huge could be called as political environment.It includes the political system, government legal policies, political stability, interventions, and entry and exit policies, distribution of resources to any industry and tax structure (Chen and Mohamed, 2008).In next five years the political environment could be in favor for the Vodafone.Less political interventions: The communication and internet services have become reason for the growth and development of any country.
Thus the Vodafone may get support from government of various countries rather than much political interventions.Current positive liaising: Currently the position of Vodafone is excellent at international platform.They have good liaising with the local governments and it could create positive political environment for Vodafone in next five years.But to avail the benefit of such positive element the political stability is required.
Tax burden: With respect to tax structure the Vodafone could face certain problems.
The tax structure could increase and it could be treated as extra burden over the company.Strict entry policies: The entry policies within the telecommunication sector are strict so in next five years the level of competition could remain low (Hamilton and Webster, 2012).Economic environment: The economic environment is the environment in which money or finance related factors affect the whole economy.It includes the currency fluctuations, unemployment, earning and spending capacity of local residents, exchange rates, inflation etc.Less unemployment: Every government is making huge efforts to improve the level of employment within their country so more number of people can afford the internet services and mobile connections.
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Problems in Euro zone: Due to economic crisis in Euro zone the Vodafone can face problems in ensuring the higher profits and increment in sales revenue.In the situation of economic turbulence Vodafone may need to bring some changes in their current strategies (De Giovanni, 2012).Earning and spending capacity: Currently the people have excellent earning and spending capacity, due to high disposable income, which is highly favorable for Vodafone and they could ensure their sustainability in various regions and areas Proofreading and Editing Services for better results or publication, by Cambridge Proofreading. Fast, affordable, high quality. See samples & more..Earning and spending capacity: Currently the people have excellent earning and spending capacity, due to high disposable income, which is highly favorable for Vodafone and they could ensure their sustainability in various regions and areas.
Social environment: The social environment is the environment in which the social and cultural factors are responsible for the company’s effective decision making process.It includes the language, local residents and their values, habits of people, religion, family trend, population etc Dissertation and Essay Samples:Business Environment - Vodafone. This essay has been submitted to us by a student in order to help you with your studies. This is not For the same purpose PEST and SWOT analysis has been done so that the information about external as well as internal environment could be gained..
It includes the language, local residents and their values, habits of people, religion, family trend, population etc.
Social acceptance: The Vodafone is active into the business that has a high level of social acceptance Dissertation and Essay Samples:Business Environment - Vodafone. This essay has been submitted to us by a student in order to help you with your studies. This is not For the same purpose PEST and SWOT analysis has been done so that the information about external as well as internal environment could be gained..Social acceptance: The Vodafone is active into the business that has a high level of social acceptance.A number of people wants to get connected with each another, so they accept the internet and mobile communication services.Communication become habit: Another positive feature of social environment is that the communication has become essential for the people.Without mobile and internet the life could not be imagined.Thus Vodafone can increase their market share easily (Yaprak and Sheldon, 2000).
Demand increment: As the population is increasing so the demand for the mobile communication technology is increasing however internet yet to remain developed largely as compare to mobile services.Technological environment: The technological environment deals with the technical elements that have potential to increase the competitiveness of the company.It includes the technological advancement, innovation, up gradation of technology, setting up the mobile operators and towers, improving internet services, improving communication pattern, applications and software etc.Technological advancement: It is one of the most crucial areas where the predictions could never be done.Currently, Vodafone is highly advanced and has its access to new kind of technology within the industry.
It improves their services and allows them to get privileges of technological environment.Frequent changes: It could be a problematic technological factor that the change within the technology is very frequent.There is need of aligning with most innovative technology so that the customer experience could be improved (Campbell and Craig, 2008).Internet speed and mobile network are another area of concern in a technological environment which must be considered by Vodafone in next five years.This essay is an example of a student's work Disclaimer This essay has been submitted to us by a student in order to help you with your studies.
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Task 3 SWOT analysis The definition of SWOT analysis state it as the analysis that has potential to make company aware about its strength and weak aspects along with the identification of various opportunities and threats.The SWOT analysis is also known as internal environment audit.The description of SWOT analysis, with relevance to Vodafone, has been given below: Strength: The major strength for the cited organization is that they have international expansion that allows them to improve their profitability in future The students signing up to MyAssignmenthelp.com get premium dissertation proofreading service at the most affordable rates. We understand that the students have to bear a lot of financial crunch during their academic lives and hence we offer them our services at much cheaper rates than what is prevailing in the market..The description of SWOT analysis, with relevance to Vodafone, has been given below: Strength: The major strength for the cited organization is that they have international expansion that allows them to improve their profitability in future.
Huge market share is also strength for Vodafone that lead towards the market leadership.
Brand value and reputation is something that allows them to increase the appealing factor of their brand within the market.The list of strength includes the financial stability for the company and they are able to focus on the development of research and development department (Paul, 2008) Proofreading And Editing Services |Thesis And Dissertation Editing Services | Essay And Research Paper Editing Services | Term Papers Editing Services When proofreading and editing, various aspects need to be considered. The paper This editing program is combined with human effort to get premium quality paper..The list of strength includes the financial stability for the company and they are able to focus on the development of research and development department (Paul, 2008).Vodafone is second largest mobile communication organization that corroborate towards the high customer loyalty and satisfaction which is one of the most significant strengthening elements for the mentioned business entity.Weakness The major weakness for Vodafone is that price is comparatively high so they are not able to attract lower level customers.They don’t have their presence into the US market that could have raised their profitability and market share immensely.
Opportunity The major opportunity is that they can focus on technological advancement on the regular basis (Hamilton and Webster, 2012).The market or regions which are still untapped could easily be targeted in upcoming years.The diversification into the various areas of telecommunication industry could be treated as one of the major opportunities for Vodafone.Threats Economic crisis could be major threat for Vodafone.It can put its impact at their pricing strategy and buying behavior of customers could also be affected.
Intense competition within the industry is also a threat for mentioned business entity.Frequent changes in technology could be problematic if company is not able to align with new technology and technical solutions.The introduction of applications like whatsapp, imessage etc.is reducing the dependancy of customers on cellular networks.Their usage of SMS facility has already got diminished among the customers (Hunger and Wheelen, 2000).
Thus these are certain major outcomes of SWOT analysis with the context of Vodafone.Task 4 Recommendations The major recommendations in order to improve market positioning are given below Technological advancement: The first and foremost recommendation is that the Vodafone should do investment on their research and development department at very large scale.
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It could enable them to improve their service quality and new technological features could ensure the satisfactory and amazing customer experience.Here the internet speed and mobile networks must be improved at very large scale.
By developing their technological capacity they can justify their presence into the telecommunication sector Apa proposal format. Automatic works cited and bibliography formatting for MLA, APA and ChicagoTurabian citation styles. Now supports 7th edition of MLA. proposal help? Order your dissertation proposal from our custom dissertation writing service. Premium quality and 100. Research Proposal Format - ProfEssayscom .
By developing their technological capacity they can justify their presence into the telecommunication sector.
Thus it is recommended that the technological factors must gain priority by the company.Political support: Another recommendation to ensure the sustainability of company is related to gaining the political support (Cole, 2003) Best website to purchase a thesis proposal environmental technology without plagiarism Platinum Formatting A4 (British/European) AMA.Political support: Another recommendation to ensure the sustainability of company is related to gaining the political support (Cole, 2003).For the same purpose the Vodafone should follow all the legal aspects and need to understand their responsibilities.It could enable them to get the trust of government and the ethical values of the company could be considered as benchmark for other organizations.Tax must be paid without any fault and at local level Vodafone should generate more employment.
Stakeholder mapping: It is another very significant recommendation that could not be neglected by Vodafone under any circumstances.In order to build relationship with various stakeholders there is huge requirement of focusing upon meeting out the expectations of stakeholders.Transparency, CSR, quality, following legal factors, pleasant working environment etc.these are certain factors which could put its positive impact at the mindset of various stakeholders (Werbach, 2009).Align with Social environment: It is another very significant recommendation that Vodafone is required to understand the market scenario and then the business strategies could be constructed.
Without assessing the perception and mindset of customers the Vodafone should not frame their marketing mix elements.The objective of customer acquisition could be attained easily.Thus in the recommendations it is clear that all the external factors must be analyzed properly.Utilize the resources: Here in this recommendation the major focus has been laid down on utilizing the strength in such a way so that the core competencies could be utilized in an effective manner.Most importantly the Vodafone is required to maximize their strengthening elements so that the opportunities could be availed.
Further in order to deal with the threats the thorough market research should be conducted so that the resources could be utilized in effective way to suppress the negative impact of threats and weak elements (Hunger and Wheelen, 2000).Overall the alignment between the external and internal environment is recommended to the Vodafone.This essay is an example of a student's work Disclaimer This essay has been submitted to us by a student in order to help you with your studies.
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This is not an example of the work written by our professional essay writers.Conclusion Thus on the basis of above study and thorough research it could be stated that the external and internal environment affect the business and its operations at very large scale.
Current situation definitely affect the future course of action Best dissertation introduction proofreading service for masters.Current situation definitely affect the future course of action.
Here in this study with the help of external factors analysis the suitable or adverse elements of business environment could be identified in an appropriate manner.Ahead the report has helped in understating the strength and weak aspects for the Vodafone.Further the opportunities which they can avail and the threats for which the strategies are required have also become clear top dissertation proposal proofreading services au Carpinteria Rural Friedrich proofread essay Thesis proofreading and editing service SCRiBBR Example proofread and edited thesis nmctoastmasters. Dissertation masters structure Get help for master s dissertation Best Doctoral Thesis Writing Services UK Online. Cheap .Further the opportunities which they can avail and the threats for which the strategies are required have also become clear.Moreover the major learning of the study is related to certain recommendations which have potential to increase the competitiveness of the company in next five years.
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