Select one (1) global industry, such as the automobile or cell phone industry. N

Question

Select one (1) global industry, such as the automobile or cell phone industry. Next, use the Internet to research three (3) major international competitors within the chosen industry. Take note of manner in which the popular international business press (e.g., newspapers, magazines, e-zines, press releases, etc.) depicts the selected companies.

Suggest two (2) global changes in expansion, technology, marketing, products, services, human resources, and customer service, etc., that you would make as CEO of the selected international organization from Question 4. Provide a rationale for your response.

Explanation / Answer

The globally cell phone industry is indeed regarded to be one of fastest growing businesses. Thus market with ever promising technologies & innovation is eventually developing rapidly. Furthermore industry comprising of feature phone & smart phone segments is in fact regarded to be highly concentrated.

Cell phone industry is primarily engaged in manufacturing of mobile phones, including mobile phone handsets. Furthermore cell phone industry is totally concentrated on moving forward technologically. It is indeed regarded to be one of fastest growing industries globally. Thus upcoming technologies & innovations would indeed facilitate further development & progress of smart phones.

Asia Pacific region currently dominates cell phone industry. Lucintel’s research study report does indeed facilitate to effectively indicate that the cell phone industry in Brazil, India, China & Russia are eventually expected to record vigorous growth in upcoming years due to rapid urbanization & economic development.

Today telecom providers use huge worldwide technology provider which indeed facilitates to effectively administer network upgrades & maintain infrastructure. Furthermore responsive competitors come out with new data services that are free & funded by advertising / launch over-the-top video channels with the broadcast quality which eventually consumes lot of network bandwidth.

However for effective virtualization of functions indeed and network does necessitate for the enterprises to ensure their network assets function appropriately & being cost efficient would indeed facilitate effective, maintenance, administration operation & up-gradation. Furthermore they should competently be able to roll out new services easier & faster which eventually would facilitate networks operators to effectually compete in future.

The telecom industry is embarking on the journey of revolution which indeed intends to benefit from opportunities which digital disruption brings. However it would succeed only if effectively focuses on consumer, assumes a mindset open to innovation & indulges into the promoting a culture of openness & efficiency.

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