1. What is the name of the organization? Give a short account of the history of the company. Describe the way it has grown and developed.
Ans: The company that we have selected is Vodafone (VOice DAta FONE). It is a British multinational telecommunications company headquartered in London and with its registered office in Newbury, Berkshire. It is the world's 2nd-largest mobile telecommunications company measured by both subscribers and 2013 revenues (in each case behind China Mobile), and had 434 million subscribers as of 31 March 2014. Vodafone owns and operates networks in 21 countries and has partner networks in over 40 additional countries
In 2007, Vodafone acquired 67% stake in Hutchinson Essar and renamed the brand as
Vodafone Essar.
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• In Vodafone, the employees cope better with unstable environments
• The employees are very much involved in decision making and problem solving; this enhances motivation, commitment and gives a variety of perspectives
• Because of ever changing environment, it is more creative and imaginative
The disadvantages of organic structure in Vodafone are:
• Although flexibility is a positive factor in Vodafone , it can also be a negative as it can cause uncertainty and instability
• In Vodafone’s organization structure, Staff may not be sure about their specific job role and personal responsibilities, so this may cause confusion and result in certain jobs not getting done
• Because of flexibility, Decisions may be vague or ambiguous due to the flexibility
• Because there is no proper control of flow, Often communication issues can arise if not firmly controlled
• Because of uncertainty, efficiency of organization decreases.
9. Analyze your organization on contextual dimensions of organizational design? Do you think internal design is in alignment with contextual
We start of with making the calculations for the premium that Vodafone is going to pay for Mannesmann. We know that Mannesmann will own 47.2% of the equity of the newly combined company. This is 47.2% from € 275 375 million, which is €129 997 million. Vodafone is offering 53.7 shares of the value of December 17, so € 4,957, for every share of Mannesmann. Mannesmann has 517,9 million shares, so Vodafone would pay 517,9 million * 53,7 * € 4,957 = € 137 860.3 million. This would be a premium of € 137 860.3 million - €129 997 million = €7 863 million. This premium we are going to compare with some possible different estimates for the synergy that will follow from the acquisition.
“In my opinion, the Case would be improved by including the following summary” An American agriculture of the nineteenth century Cyrus McCormick, invented a company that produced farming equipment called McCormick Harvesting Machine Company. In 1902 his son Cyrus McCormick II merged the company with three competitors renaming it the International Harvester Company. By the late 1980’s the company had moved from producing farming equipment to manufacturing automotive products, trucks, and school buses. In the late 1980’s International Harvester company was renamed Navistar International Corporation. Over the years NIC changed and one of the most dramatic changes was the relationship with its longtime auditor Deloitte. (Knapp, 2015)
In order to provide potential access to a wide variety of markets, a company should attract customer using a number of different services for example multimedia so they are not just focused on the mobile telecommunications, they are broadening their product line. Vodafone customer base ranges from the young to the corporate user to the more mature market.
Marvin, I really enjoyed reading your post and the example that you provided. I see exactly where you are coming from with this post as I myself have made an attempt to help my parents lower their FIOS bill or change provider. As I was comparing the companies, they both in my opinion force a customer into a package they were not fully satisfied with. Yes maybe you I could have left, but the other provider lacked something that I needed or had what I needed and charge more than what it was worth. I truly feel like these two companies Verizon and Comast are monopolies because the limited option's when building a package. Again great idea for using Comcasat as an oligopoly especially in the Henrico area. If Verizon was to ever set foot in the
The company that I will be reviewing is Frontier Communications. The company is in the telecommunications industry and currently employs approximately 17, 400 people. The company is all United Stated based with employees serving customers in 28 states. Frontier Communications began in 1935 as Rochester Telephone, then becoming “Citizens communications” and currently as Frontier Communications. Frontier still has it offices located in Rochester New York though the main headquarters are currently located in Stamford Ct. the Company offers phone services with internet broadband, and satellite services as well as security solutions. Frontier Communications services both residential customer and businesses as well.
Vodafone is one of the most important players on the European telecommunications market. However, this does not mean that the company has an easy job at retaining its customers and at increasing its market share. The most important competitors of Vodafone are represented by Orange and Cosmote. The regulations in the business field determine these companies to provide similar products and services, at similar prices. Therefore, it is important that Vodafone focuses on its communications strategy in order to strengthen its position on the market.
The churn rate is 2% per month. So for a year retention rate,r, will be = 1-(.02*12) = .76 or 76%
Just recently, CNH Industrial and Navistar Inc. confirmed the appointment of Iveco to be the sole distributor of INTERNATIONAL® trucks in the country of Australia. This announcement then ends the rumors about which "International" would make its comeback to the said country, after Navistar unveiled the initial plans during the Brisbane Truck Show last year.
Verizon is the largest telecommunication service in the U.S with current assets of $10,598,000 as shown its 2014 annual report. Verizon foreign operation is primarily in U.S currency is recorded as cumulative, which are included in accumulated other comprehensive income on the balance sheet. The variations to handle its foreign currency merely depends of how the company chooses to hedge against changes, but the most part every company as well as Verizon swaps and hedges from one currency to another and the transaction is then recorded as fair value and transfer to the balance sheet as assets and liabilities. Principally, the reason of swapping and hedging is that provide Verizon leverage to increase income and reduce interest expenses.
The success of the company lies within its employees. With LB’s high volume of work, the employees are very dedicated to fulfill all the requirements and to
The employees feel that they have greater responsibility and trust put on them, this can generate greater participation, commitment, and a better job performance.
Public relation is not an easy job, it requires smart people and people are able to understand the community as well.
Although Vodafone are the biggest mobile network in the world, they also have their problems. As a global organisation Vodafone have learnt how to acquire customers, building up a customer base in the UK of 13 million. But, they have become far too focused on acquiring
Vodafone never hesitates in doing this and brings in a plethora of value added services and other