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Business Environment of Vodafone - Assignment

Added on - 23 Nov 2020

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Vodafone bussines inHungary
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Background information of the chosen company......................................................................1Background information of business environment and country.................................................2Analysis of business scenario......................................................................................................5CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONBusiness environment consider internal and external factors that create impact oncompany's functions and operations to develop more significant advantages. In this aspect,employees, customers, management, supply, demand, etc. elements are included that contain inbusiness to focus on goals and objectives of the business(Malinauskas, Žukauskas andJuodkazis, 2016).Present study based on Vodafone which is British multinational telecommunicationbusiness and deals in different areas of the world. It is design by famous global advertising thatassists to accomplish desired level of results at workplace.For gaining insight information of the present report, it covers background information ofthe chosen business. Furthermore, it contains information related with business environment andcountry where Vodafone is operated. With the help of PESTLE and SWOT analysis the selectedbusiness successfully analysed to focus on attainment of goals and objectives.MAIN BODYBackground information of the chosen companyIn the enterprise, Board of director are responsible for the overall business performancesthat assists to conduct appropriate group to develop business responsibility with power,authorities and duties. Board has final responsibility for its management to give proper direction,exercise objectives, accountable to shareholders, etc. (Nie and Haryadi, 2017). It assists toincrease effective results and operations to attain more significant advantages at workplace.Vodafone company is multinational telecommunication industry which is providing wide rangeof services to customers and enterprise as well. They are also offered mobile, fixed and TV toconsumer to deliver them cloud, security and carrier services within the enterprise. They areleading as cellular telephone operator and boost with more than 165 million subscribers. Annualsales of the company is also growing around£31.5 billion. It is one of the largest corporation inUK which expected to merge with several operations and functions in different areas of theworld. The company found itself with one of only two entrants in UK which is virtuallyunregulated in new industry. They are also remained with several principal competitor into 1990.In all over the world, company created more technological advances that assists to increaseprofits and revenue that is successfully described operations in desired manner.1
Furthermore, the chosen business was market leader in 1990 and main competitor wasCell net who work jointly with British Telecom and Securicor and granted licensed in 1985.There are several competitors are also exists who focuses on development of business and faceseveral challenges in 1993. As successful marketing functions, it can be stated that Vodafoneintroduced new options with lower rental cost so that it assists to focus on new initiatives. Digitaltechnology significantly gain several advantages that assists to create successful work withnetwork and the chosen business is also expected operations development with more profitabilityand effectiveness (Vafeiadis, Diamantaras and Chatzisavvas, 2015). Vodafone also involved wellnumber of specialised applications that assists to focus on capabilities and effectiveness. Thechosen business also internationally grown and seeking opportunity to implement project as well.Digital system of the organisation also works successfully to continuously development withnew possibilities (Vodafone Group Plc - Company Profile, Information, Business Description,History, Background Information on Vodafone Group Plc,2018). Therefore, it is third largesttelecom company in term of revenue and subscribers so that development of the businesssuccessfully develop in UK.Background information of business environment and countryIn order to accomplish desired results, Vodafone implement their functions andoperations to expand their results in different areas of the world. In this regard, it can be statedthat in UK their story is successfully developed with innovation, investment, customer service,etc. In UK, the chosen business continuously develop successful operations and functions toconsider interest with Europe and US. They got license to build Britain's first cellular telephonenetwork and launched in 1985. In addition to this, the company also purchasing other businessesin UK for building network partnership in all over the world. Therefore, it contains effectivenessto attain more desired level of results at workplace (Keramati, Jafari-Marandi and Abbasi, 2014).In addition to develop hostile bid for larger merger, it can be stated that processsuccessfully develop to attain more desired level of results. In telecommunication businesses,there are several services will be successfully develop to conduct business in more than 30nations. Furthermore, in UK there is wide competition exists regarding telecommunicationservices so that the chosen business competing with different enterprise such as BritishTelecommunication, O2, etc. This is because, Vodafone is one of the largest telecommunicationservice in UK and create successful business operations and network in more than 60 nations.2
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