The organization for my change project will be Verizon. The change project will apply to all of Verizon’s business, residential, and cell phone customers. The change project will help customers, and other companies could follow this change project. The Proposed Change Project The proposed change project will help Verizon implement a program to assist customers with bad credit. Customers who apply for residential, business or cell phone service have to do a credit check to obtain Verizon services. If the credit check verifies a low score or fails, customers have to pay a deposit of $250.00. Instead of charging customers, Verizon can offer its customer’s free credit counseling from a non-profit credit counselor. Verizon offers cell phone service in all fifty states so the credit counseling organization would vary, but the primary goal is to help customers with credit issues. The …show more content…
Millions of people have issues with their credit. Verizon can leave a mark on society by helping customers overcome obstacles and challenges in their life. Verizon has over 100 million customers. Many people in various communities will benefit from this project. This change project will be a headline story in the local and national newspapers. The news of Verizon helping customers with bad credit would make Verizon’s telephone ring all day. Young people, old people, and everyone in between would call Verizon for help with their credit. While helping people with their credit, Verizon could sell all their services to all of these customers. Stakeholders, executives, and managers would love this change project because it would help customers and help Verizon expand their customer base. Verizon focuses on anticipating the needs of their customers. By committing to help customers with bad credit, Verizon will demonstrate to their customer that We are here to help you
Alternatives As an alternative to issue 1, Comcast can utilize one of its competitive advantages, mergers and acquisitions, to potentially buy out smaller wireless or satellite providers and use their technology to bypass installing fiber optic cables in rural areas. While the upfront cost are large, potential long-term benefits may exist. Finally, if the NBC Universal merger is approved by regulators, Comcast would have access to $50 billion in additional revenues. A portion of these revenues could be used to replace existing coaxial cables over time.
Easy consumer was one of the ways that the consumer society was good. Easy consumer credit meant that were changing their attitude towards debt and that they were beginning to believe in their ability to pay their debts over time. The sales pitch “ Buy now and pay in easy installments” and may believe it and started to accumulate debt but then many started buying their stuff using the instalment plan which helped them and then they also started buying on credit at a rate that exceeded their incomes which was huge. Mass advertising was a huge profit to the consumer society because it was telling people what was on market and it helped the businesses because shoppers knew about these products that they maybe didn’t know about before. Also when Otto Rohwedder invented the commercial bread slicer no one knew they needed it until it was advertised which caused huge business.
Overview Comcast Corporation (NASDAQ: CMCSA) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation's largest video, high-speed internet, and phone providers to residential customers under the XFINITY brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the XFINITY brand. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts.
At the company’s inception in 2000, then Chief Executive Officer, Dennis Strigl, deliberately shaped and developed Verizon Wireless’ mission statement. He purposely ensured the mission statement not only described the reason for Verizon’s existence, but also distinctly defined its organizational values, desired culture, and exemplified how employees should interact with customers, competitors, suppliers, their communities, and team members (Verizon (USA), n.d.). “We focus outward on the customer, not inward” and “we know teamwork enables us to serve our customers better and faster” (Verizon (USA), n.d., p. 1) are two among many other declarations within the Verizon’s mission statement/credo that exemplify Verizon’s commitment to its customers
The information revolution is sweeping through our economy. No company can escape its effects. Dramatic reductions in the cost of obtaining, processing, and transmitting information are changing the way we do business. “To get ahead in today’s business world, a company must utilize the right resources. One of the most effective, of course, is information technology (IT), which has become an essential tool for businesses across many industries” (2013).
Danny Schechter wrote Investigating the Nation’s Exploding Credit Squeeze, two years before the 2008 world crisis. It is said that only true crisis can lead to change, an explanation to why so many people ignored the signs. Everyone is a target to the credit industry, not only the poor or middle classes. In a consumption driven culture, it is impossible not to spend your money and get into debt. Products seem fairly cheap, companies are always suggesting that you are making “a great bargain”, “buy two and one free” and it seems that everything is always “on sale” (Schechter 357).
Bank of America: Mobile Banking This essay is based on the case “Bank of America: Mobile Banking” which is dated on May 2012. We will first present benefits mobile banking provide to consumers and highlight reasons why many consumers haven’t adopted mobile banking yet. Furthermore, we will look into Bank of America motivation to offer mobile banking to its customers and review associated costs and risks of mobile banking implementation. Then understand what lessons can the bank learn from its online banking operations and analyze costs and benefits of having customers migrate to online banking.
Thus, it stands to reason that the article’s purpose is to support the argument that predatory lending practices are at fault for the debt young adults experience. Macias uses personal experience immediately peppering in researched data to support his findings and conclusions on how the credit card industry wholeheartedly takes advantage of young America. His article captures the reader’s focus by appealing to pathos and tugging at pity in the reciting of how Macias was taken advantage of by credit lenders. Carlos Macias’s argument for the debt accrued by college aged adults being the fault of the credit card companies themselves roots itself in his rhetoric. From his skillful hooking of the audience with information garnered from personal experience to the utilization of logos throughout the paper presenting itself as careful and reliable research.
AT&T closed the deal and bought DirecTV for about $49 billion in July this year. This merger will make AT&T the country’s largest pay TV provider, with more than 26 million subscribers. Why did AT&T agree to pay this whopping price to acquire DirecTV? The answer to this question lies in the problem AT&T was facing with the rising competition from other wireless companies and losing money to cable companies providing phone services. With the fast growing streaming and wireless technologies, more and more cable and satellite service providers want to control content and delivery.
Verizon During the last few decades technology has improved drastically. Society switched from letters to phones, text messages, video calls, and emails. These changes have made communication easier and faster, allowing people that are in different places, even in different countries, being able to communicate within seconds. Verizon is one of the companies to makes this possible.
Corporate Strategies Vertical Integration Verizon implements a value chain analysis to understand the parts of the daily operations that create value, and those parts that do not. The value chain analysis is used to determine the level of competition, the type of products and services the consumer needs, and to figure out the ways that Verizon can stay sustainable and remain the market leader in the industry. This is vital because if done correctly Verizon will be able to gain high returns within the telecommunications industry by creating greater value to the customer. Verizon breaks their value chain into primary and support activities. The primary activities are research and development, infrastructure, marketing and sales, and customer
TASK IV: PARTNERSHIP IN PROJECT MANAGEMENT Partnering is a project approach designed to allow the construction process to be performed within an atmosphere of mutual trust, commitment to shared goals, and open communication among the partnering members while working in harmony toward mutual goals in order to avoid claims and litigation and establish a win/win management approach. For the complex and large-scale Atlantis project, the contractually associated construction partnering between Laing O’Rourke and NORR along with various other members like Rockwell Group, WATG, EDSA, helped to create working relationship among all of the team members based on mutually agreeable plan of cooperation and teamwork to improve productivity. The main objectives of Atlantis project partnership included reducing project costs and schedules, eliminating change orders and claims, improving communication by developing
Question 1: What is the value proposition that Apple Pay offers consumers? How about merchants? Value proposition is what sets a product or service apart from competitors. It is the products, services, or features that the company provides that add value to customers.