Tuesday, May 14, 2019
Interview with a Manager Essay Example | Topics and Well Written Essays - 3000 words
Interview with a Manager - Essay ExampleThe operating expenses cede been increasing at a rapid rate the profitability margins have been reducing the competition is escalate labour costs are rising and lastly demand is reducing thereby making the overall situation extremely difficult for the bank line houses (Polese and Stren, 2000). Despite that the market still offers growth opportunities for the companies who are actively involved in the development of strategies that are flexible and has the ability to get adapted with the changing business environment. However, it has been also observed that the challenges that are being faced by the organizations are not always caused referable to external turbulences but often the internal factors also become responsible for the complicated situation (Hall and Vredenburg, 2004). This film aims to uncover the different issues being faced by a company as a leave behind of the turbulence in its internal and external business environment. Onc e the issues are identified the study impart scrutinize and screen the most vital issue faced by the company. The study will and so label to identify the major issue being faced by the company and will try to identify the most feasible solution. ... The company chosen for this assignment is Vodafone UK and the manager chosen is Kevin Smith. Hence, before getting further deep into the study, a brief overview of the company as well as brief emphasise information of the chosen manager is presented in the subsequent sections. Overview of the Company Vodafone Group plc also known as Vodafone is a UK based multinational company involved in the business of providing telecommunication services. The company was collective in the year 1991 in Newbury, Berkshire, United Kingdom. However, the company shifted its headquarters to London, United Kingdom. The predecessor of Vodafone was Racal Telecom from 1983 to 1991. In terms of the total tax revenue generated as well as the total number o f subscribers, the company is considered as the worlds second largest telecommunication company just behind China Mobile. The company has presence in almost 30 countries of the world and operates in 40 countries with the help of partners. Currently the company is headed by Gerard Kleisterlee (Chairman) and Vittorio Colao (CEO). It employs around 87,000 people across the globe and also provides income opportunities to numerous people who are the business associates of the company. almost of the products of the company include mobile telephony, fixed line, digital television and internet services. As of 2012, the net revenue of the company was ?46.417 billion and had an operating income of ?11.187 billion. The profit for the same financial year was ?6.957 billion. This figure clearly reflects the crocked financial situation of the company (Agar, 2013). Although, the company has a strong position in the market, it still has to go on with several issues and these issues emerged from both internal and external environment of the
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