Tuesday, June 18, 2019
Strategic Management of France Telecoms Essay Example | Topics and Well Written Essays - 1000 words
Strategic Management of France Telecoms - Essay ExampleThe case study shows there is a large-scale change in the telecommunications industry. The telecommunications industry continues to amaze into a more complex market segment in the past 20 years. Some smaller telecommunications companies realise joined larger competitors in the said(prenominal) telecommunications industry to survive. The large-scale change in the telecommunications industry is grounded on the transformation of the prior telephone services- based telecoms industry to producing phones that offer many exclusive features. The features let in internet, ebook reading, camera, calculator, internet, word software, games, radio, broadcasting, relay, satellite, and video recording advantages (Abele, 2008). The European Unions telecommunications industry is guided by the European Commissions policies on telecommunications. In 1990, the European Commission issued a services directive 90/388/ECC stating that the telecommuni cations industry is now open to competition. However, there European Unions regulatory policies have aided in establishing large-scale restructuring of the telecommunications industry over the past 20 long years. The companys strive to increase its circulating(prenominal) revenue return and profit performance is one of the triggers that forced telecommunications companies to implement the right strategic changes to the companys current revenue-generating processes and profit-enhancing activities. The dot.com bubble burst is one of the many external drivers that triggered the change in the telecommunications industry. Likewise, the liberalization of the telecommunications market segment is an external factor that triggered the change in the telecommunications industry. Each telecommunications company had to implement drastic changes in its current marketing, operations, and management processes in order to keep abreast of or even surpass the revenue performance, profit performance , and production performance of each telecommunications industry player.
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