Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Teletech Corporation Essay
1. Teletech Corporation Essay
Background
Headquartered in Texas, Teletech Corporation operates under two main business segments: the
Telecommunications Services segment, providing various telephone services to business and
residential customers and the Products & Systems segment, which manufactures computing and
telecommunications equipment. In late 2005, the Securities & Exchange Commission revealed that
billionaire Victor Yossarian acquired a 10% stake in Teletech and demanded two seats on the board
of directors. He felt that the firm was misusing their resources and not earning a sufficient return. He
stated that Teletech should sell off its Product & Systems segment and focus on creating value for
the company's shareholders. A detailed analysis will reveal ... Show more content on
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While both Mr. Phillips and Ms. Buono make strong arguments for their respective sides of the
debate, further analysis is needed to decide which methodology is the best fit for Teletech.
Comparable companies were needed in order to calculate the WACC for each business segment. The
comparable companies were chosen using the following measurements: similar product lines,
revenues, and bond ratings. Alltel Corporation, Sprint Corporation, and Bellsouth Corporation were
determined to be comparable companies for Teletech's Telecommunications Segment. Avaya Inc.,
Lucent Technologies, and Commscope Inc. were comparable comps for the Product and Systems
Segment. (see Exhibit 1). The three comps for each segment were than averaged to create an
appropriate WACC for each separate segment of Teletech.
The market risk premium of 5.5% and the risk free rate of 4.62% (30–year U.S. Treasury) were
given in the case. The beta and the pre–tax cost of debt are based on our averaged comparative
company analysis. Using the averaged beta of 1.05, the pretax cost of debt of 5.79%, (based on bond
ratings) and the weighted average of debt & equity, the telecommunications segmented hurdle rate
is calculated at 8.64% (see Exhibit 2).
Using the same market risk premium and risk free rate (5.5% & 4.62% respectively) given in the
case, the averaged beta of 1.40, the pretax cost of debt of 7.65%, and the weighted average of debt
& equity, the products & systems
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2. Sprint Swot Paper
Sprint Nextel Corporation SWOT Analysis
Edgardo L. Cartagena Luna
Management 521
University of Phoenix
February 14, 2013
Sprint Nextel Corporation SWOT Analysis
Background
Sprint Nextel Corporation (Sprint) is a communications company. The company provides a range of
wireless and wireline communications products and services to individual consumers, businesses,
government subscribers and resellers. It provides wireless services on a postpaid and prepaid basis
to retail subscribers and also on a wholesale and affiliate basis. The company markets its postpaid
services under the Sprint and Nextel brands, and prepaid services under the Boost Mobile, Virgin
Mobile, and Assurance Wireless brands. The company offers its services ... Show more content on
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(Sprint Nextel Corporation, 2013).
Internal Stakeholders Sprint uses a multi–tier Corporate Responsibility (CR) Governance Model
that effectively incorporates all levels of the employees, ensures tight linkage with their operations
and strategy, and drives accountability for performance against their CR operating priorities and
long–term goals. The structure includes the CR Steering Committee, chaired by CEO Dan Hesse;
the CR Leadership Committee, chaired by Ralph Reid, vice president of Corporate Responsibility;
an External CR Stakeholder Panel; CR working committees; and a CR scorecard. The CR Steering
Committee provides periodic updates to the Sprint Board of Directors about Sprint's ongoing efforts
in the area of social responsibility and environmental sustainability. (Sprint Nextel Corporation,
2013).
SWOT Analysis
Strength
One of Sprint strengths is their Average Revenue Per Unit (ARPU). The company has the higher
ARPU within the three largest telecommunication companies in the U.S. An advantage of 2.6% and
2.1% increase over AT&T's and Verizon's ARPUs respectively, from 2010 to 2011, put Sprint
finishing the 2011 fiscal year with a $57.3 ARPU. These results came with new strategic plans
implemented to acquire the rights to offer the Apple's iconic models of smart phones the well known
Iphones. Also in
4. Case Study : The Resource Development Division,...
The Resource Development Division, responsible for the Annual Campaign, scheduled events that
resulted in continuous activities throughout the year. Announced in the spring, the chairman for the
campaign began to assemble a group of people, referred to as a cabinet, to assist the chairman
throughout the season. Once selected, the cabinet began meeting and training. UWPC held its big
annual kickoff during the first week of September and ran until mid–November. A pacesetter
campaign was a UW employee campaign that is conducted and completed before the official
campaign kick–off. A few pacesetter companies started their campaigns in August.
The campaign cabinet divided the different employers based on the type of business or service ...
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Nationally, United Way is best known for its annual campaign, but another significant contribution
to the community is its guidance in volunteerism. Created in 1985 the Volunteer Services Division
was a result of the Board's goal to enhance the community's volunteer capacity. Five primary
programs in 1990 included: Volunteer Action Center (VAC), Youth Connection, Management
Assistance Program (MAP), Gifts–In–Kind, and Business Volunteer Council. Administered by
UWPC staff, the Volunteer Services Division was responsible for three programs, VAC, MAP, and
Youth Volunteer Leadership Development. Renamed the Volunteer Center in 1995, the VAC served
as a clearinghouse for adult volunteers, linking them with non–profit organizations in need. In 1990
VAC referred 703 volunteers for 168 agencies. Selected as a model for the state, the mission in this
area expanded in 1991. VAC collaborated with KSSN 96, a local radio station, to recognize a
volunteer of the week. Also, the JC Penny Golden Rule Award annually recognized volunteers from
member agencies with an award and gift.
Youth Connection placed 511 youth volunteers with sixty–five agencies in 1990 contributing more
than 10,000 hours of service. 1991 was a significant year for the award–winning Youth Connection
program. Appointed as a charter member of Road Warriors, Joe Geevargbese, Little Rock Catholic
High School student and President of the Youth Connection Council met in Washington, D.C.,
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5. Analysis Of Figures Unreadable: The National Market For...
Figures Unreadable The National Market for Cellular Phone Service The national cellular market is
undoubtedly one of the nation's most expansive markets. In 2003, wireless revenues totaled to over
$100 Billion; nearly one percent of the United States GDP. Since wireless has emerged, the typical
buyer has expanded from the average middle/upper–class adult to teenagers, elderly, and business
consumers. 20% of American teenagers own cell phones, explaining why Virgin Mobile was
founded to specifically target young consumers1. There is certainly a large market for business
consumers, as many carriers advertise business solutions even in retail outlets. Altogether, it's
estimated that 50% of Americans own cell phones, yielding a ... Show more content on
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Figure A Sprint 18% Cingular 22% Nextel 15% T–Mobile 12% Verizon 33% General Market
Structure: The product distribution structure for cell phone carriers is somewhat atypical. It is
important to note that the individual carriers have no contribution in the manufacturing of phones.
All carriers have contracts with manufacturing firms that produce phones to primarily operate only
on each of their respective networks. Motorola and Sony Erickson are major manufacturers for
Verizon Wireless, while Samsung and Sanyo are two of Sprint PCS's manufacturers. Interestingly, it
is common for manufactures to produce phones for more than one competing carrier. Verizon
Wireless, Sprint PCS, and T–Mobile sell Samsung made phones – often which are essentially the
same models. This introduces an interesting principle regarding patents. It is difficult for a carrier to
develop or hold a patent on a phone related feature such as an implemented camera feature or voice
command technology because the property rights reside with the actual manufacturing companies. If
a carrier wanted to be the only competitor to offer a specific phone feature, it would have to
negotiate an agreement with the manufacturer. This sometimes happens for new features, though in
general, this trend with carriers and manufacturers makes it difficult for firms to develop a highly
differentiated product. Revenue Revenue (Billions of dollars) Share Verizon
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6. US Sprint
Sprint has evolved into a global communications company that serves 23 million customers in more
than 70 countries. Sprint PCS ("personal communications services") maintains the largest digital
wireless network in the nation. It is the fourth largest wireless company in the United States and
number three in the nation's long–distance telephone market. Sprint was responsible for a series of
technological innovations in the 1980s and 1990s, including installing the first coast–to–coast fiber
optic transmission network in the United States. It continues to innovate with new communications
technology, deploying new forms of high–speed data transmission networks. Sprint also has a
sizable international telecommunications market.
Sprint's origins ... Show more content on Helpwriting.net ...
In 1994, Sprint spun off their existing cellular operations as "360 Communications" for regulatory
reasons, in order to start a new service in the PCS band. In 1998, 360 Communications was acquired
by Alltel, which was in turn acquired by Verizon in 2009.Later in 1995, the company began to offer
wireless service under the Sprint Spectrum brand in the Baltimore–Washington metropolitan area.
This was the first commercial PCS network in the United States.
On December 15, 2004, Sprint Corporation and Nextel Communications announced they would
merge to form Sprint Nextel Corporation. While billed as a merger of equals, the merger was
transacted as purchase of Nextel Communications by Sprint Corporation for tax reasons; Sprint
purchased 50.1 percent of Nextel. At the time of the merger announcement, Sprint and Nextel were
the third and fifth leading providers in the U.S. mobile phone industry,
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7. The Alltel Pavilion Case: Strategy and Cvp Analysis Essay
ISSUES IN ACCOUNTING EDUCATION Vol. 19, No. 4 November 2004 pp. 555–561 The
ALLTEL Pavilion Case: Strategy and CVP Analysis Edward Blocher and Kung H. Chen
ABSTRACT: The ALLTEL Pavilion case is intended for the undergraduate management accounting
or cost accounting course and the M.B.A. management accounting course. It provides an excellent
context in which to examine strategic issues in using cost volume profit (CVP) in a service business.
Based on an actual entertainment pavilion, the case develops many factors unique to a service
business and illustrates how pavilion management can use CVP analysis to determine which artists
to attract and what kinds of contracts to have with these performers. The Pavilion has two types of
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Pace Entertainment and Cellar Door Inc. of Raleigh, NC had the initial contract to manage the
Pavilion. Hardee's Food Systems, Inc. of Rocky Mount, NC, the original sponsor of the
amphitheater, paid an annual fee to carry its name and logo on all signs and ads regarding the
amphitheater. On February 3, 1999 ALLTEL Corp (http://tel.com) became the title sponsor for the
amphitheater. The demand for the outdoor facility came about because the rapidly growing city of
Raleigh lacked a major entertainment complex. In the late 1980s Pace Entertainment and the city of
Raleigh came to an agreement to build the facility. The city of Raleigh would own the land while
Pace Entertainment would own the facility and assume sole operations of the facility; Cellar Door
would do the booking for all the concerts. Pace Entertainment would pay income taxes on earnings
from the use of the facility. In 1998, SFX Entertainment Inc. acquired Pace Entertainment Inc. The
amphitheater facility and its employees became part of SFX Entertainment Inc. Also, in 1999 SFX
Entertainment Inc. acquired Cellar Door Inc. and merged with Clear Channel Communications Inc.,
one of the largest owners of radio stations in the country. This move brought together both worlds of
the entertainment business. While the company has diverse holdings, the philosophy of SFX is "One
Company, One Mission." Many companies that are now owned by SFX were at one time bitter
rivals in the
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8. Teletech Corporation Case Analysis Essay
In this scenario Margret Weston, received a letter. In the letter she found out that Yossarian acquired
10% of the company's stock. This aggressive move by Yossarian was motivated by the company
management not doing their job to maximize shareholders wealth. Moreover, the managers were
having issues with the hurdle rate, because it is just generally accepted, but not scientifically proven.
On the other hand one TV Commentators opinion about Teletech Corp. is that "there is no way to
have a hostile takeover in this sector, but for the Teletech Corp. there are many reasons to try."
Teletech Corp. has two major business segments, Telecommunication Services and both Product and
System Manufacturing make up the other segment we will analyze. ... Show more content on
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What are the implications for Teletech's resource allocation strategy? Looking at the graph above,
when Teletech Corp. uses the constant hurdle rate, Telecommunications services which earns 9.1%
on capital is underneath of the company's hurdle rate. Moreover, the P&S which promises to earn
11% on capital is above the company's hurdle rate. However, the result may be reversed by looking
at the graph with adjusted risk hurdle rates. It is clear that company is doing better than they should
in the telecommunication segment, because they are getting higher return in comparison to the risk
they are taking. On the other hand, P&S segment is not doing as well as it should, because return is
getting lower than the risk taken by the company. That is to say, constant and risk–adjusted hurdle
rate lead to the different results when Teletech Corp. evaluated its ROR. Implications that company
are facing in this strategy are that they are going with the constant hurdle rate for all of its segments,
which is not viable. For this reason the company is not adding the extra value of the NPV that these
segments are producing and resulting in a lower value for the shareholders. 4. Do you agree that "all
money is green"? What are the implications of that view? What are the arguments in favor (against)
that view? We are not agreeing on the fact that all money is green when the money from the
company is being mismanaged. A firm would logically not accept risky projects
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9. History Of Verizon Communications Inc.
Verizon Stock Analysis and Recommendation Brent Argast, Haneen Hamad, MaryJo Abney &
Patrick Abney 92 paper; 98 presentation National University Chang G. Park, Ph.D., CPA FIN 609A
May 4, 2014 The History of Verizon Communications Verizon Communications Inc., was formed by
a merger of Bell Atlantic Corp. and GTE Corp on June 30, 2000. That merger was one of the largest
in U.S. business history. Prior to the merger, GTE was one of the largest telecommunications
companies with revenues exceeding $25 billion in 1999. GTE was a leading wireless operator in the
US, with more than 7.1 million wireless customers (Verizon, 2014). Bell Atlantic was even larger
than GTE, with revenues of more than $33 billion in 1999. Its domestic ... Show more content on
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On the Verizon Wireless 4G LTE network, users experience average data throughput speeds of up to
10 times faster than when on the company's 3G network. In wireline, Verizon is in the midst of a
major initiative to bring customers the next–generation broadband services –– fiber–optic–based
Internet and TV services called FiOS. Verizon is the only major U.S. communications company
building an advanced, all–digital fiber–optic network, on a mass scale, all the way to customers '
homes. From 2004 through 2012, the company has invested more than $20 billion to deploy Verizon
's fiber network past 17.6 million premises, with plans to eventually pass more than 18 million
premises, or more than 70 percent of its landline service territory. Verizon began selling FiOS
Internet services in the Dallas suburb of Keller, Texas, in August 2004, and the company had 5.4
million FiOS Internet customers by year–end 2012. The company began selling FiOS TV services in
September 2005 and had 4.7 million FiOS Video customers by year–end 2012 (Verizon, 2014).
Verizon today is a global leader in delivering broadband and other wireless and wireline
communications services to mass market, business, government and wholesale customers. At year–
end 2012, the company had a diverse workforce of 183,400 employees, serving customers in more
than 140 countries. Verizon 's corporate headquarters is located at 140 West St. in
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10. Advertising in Baseball Stadiums
Introduction Baseball is considered to be America's favorite pastime and has become popular all
over the world. This sport is watched by millions of people every time there is a game played.
People will go to the stadiums to watch and a lot of fans will watch the game on television. Since
there are so many people watching these games, advertising has become more and more apart of
every baseball stadium due to the amount of exposure a company can receive by using the many
types of ads found in a baseball stadium. The stadiums use billboards, fences, green screens,
merchandise, airplanes, names of stadiums, and scoreboards as all different ways to advertise a
company's product.
Billboards
Billboards play a huge role at ballparks because ... Show more content on Helpwriting.net ...
Merchandise
Merchandise is probably one of the most common forms of advertising in a baseball stadium. First
you have the souvenir shops inside all of the ballparks that sell shirts and hats with the team's logos
and the stadiums name on them. This makes the fans a walking advertisement for the stadium and
team. Food is the next form of advertising in baseball stadiums followed by beverages. These two
go hand in hand with one another because when people buy a hotdog they usually want to wash it
down with an ice cold beer. Hotdogs and beer have almost become a tradition in the fact that when
you go to ballparks those are the top two items fans purchase the most. Lastly you have the vendors
walking around yelling out the name of beer they are selling along with hotdogs and peanuts. For
example, Wrigley Field is known for their Old–Style beer so when the vendor is yelling out get your
ice cold Old–Style they are advertising for the beer company and giving them good exposure
throughout the game.
Airplanes Airplanes are another way marketers reach a large crowd at one time by using fly–by
advertisements. These were more effective and used a lot more before technology began to take
over. Planes are able to pull a large sign behind it with a phrase written in a banner style, which
limits what a marketer can
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11. Compare And Contrast Analysis Of Merger And Nextel Merger
ANALYSIS OF SPRINT AND
NEXTEL MERGER IN AUGUST 2005
TABLE OF CONTENTS
EXECUTIVE SUMMARY iii
INTRODUCTION 1
ANALYSIS OF MERGER 2
BEFORE THE MERGER 2
AFTER THE MERGER 4
CUSTOMER SERVICE SURVEY 9
CONCLUSIONS 13
RECOMMENDATIONS 14
APPENDIX 16
LIST OF FIGURES
FIGURE 1. 2005 TIMELINE OF SPRINT/NEXTEL LEGAL ISSUES 6
FIGURE 2. MARKET SHARE 7
FIGURE 3. CURRENT SPRINT/NEXTEL CUSTOMERS 9
FIGURE 4. REASON(S) FOR LEAVING SPRINT/NEXTEL AFTER MERGER 10
FIGURE 5. SATISFACTION OF CURRENT SPRINT/NEXTEL CUSTOMERS 11
FIGURE 6. CHANGE IN CUSTOMER SATISFACTION POST–MERGER 12
EXECUTIVE SUMMARY
Purposes of the Report
The purposes of this report are to (1) address the problems Sprint and Nextel incurred before the
merger, (2) discuss ... Show more content on Helpwriting.net ...
In a $35 billion deal, Sprint Nextel prides itself on being able to provide innovative services and
technology to a wide range of consumers, business associates, and government officials. Although
Mr. Forsee has said, "This merger positions Sprint Nextel for greater success than either company
could have achieved alone," there are many obstacles that Sprint Nextel must overcome in order to
become the leading cell phone network provider. First, one must examine the problems with Sprint
and Nextel before the merger.
ANALYSIS OF MERGER
Before the Merger
Before Sprint acquired Nextel, Sprint was ranked as the nation's third largest wireless company as
12. well as the third leading carrier in long–distance service (Sprint–Nextel Deal?, 2004). However,
there have been many complaints against the company. For example, the company has been accused
of billing problems, unauthorized charges, and rude, unhelpful customer service. Moreover, there
have been complaints about coverage service areas and roaming. On the Consumer Affairs website,
Sprint customers have written about their experiences with the company. In October 2002, a man
from Lafayette, LA, expounds upon a time when Sprint's customer support changed his calling plan
to better suit his needs in his current situation. They had promised to a hold plan for
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13. Mental Models
RUNNING HEAD: Verizon Wireless Mental Models and Mindsets
Verizon Wireless Mental Models and Mindsets
University of Phoenix
May 1, 2013
Verizon Wireless Mental Models and Mindsets
Mental models are how the mind stores memories and ideas relating to reality. These include
opinions, attitudes, prejudices, and approaches to different objects, events, and situations. The
manner in which one's mental models work can limit one's ability to succeed or improve his or her
environment. Sometimes managers' mental models limit a business because they choose to ignore
certain factors. Sometimes people only see what they desire to perceive or deliberately ignore
pertinent data (Crook & Wind, 2006). For large, vast, and fast–paced ... Show more content on
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Furthermore, angry customers are not shy to tell their friends and acquaintances about their terrible
experiences with Verizon Wireless, thus scaring off potential customers (Delsoft, 2012).
Based upon revenues, Verizon Wireless is the most profitable wireless communications carrier in the
United States, and poised to be the most profitable in the world. The company provides high–quality
service and works endlessly to expand and improve upon its infrastructure. The model is very
successful and creates the mindset that an ever–improving network is the only way to succeed. The
limitation this mental model poses is that the company does not use the advantages of economies of
scale to pass savings onto customers. Most customers would be happier to know that their bills were
reduced than to know that their phones will receive full 3G service on nearly every square foot of
the North American continent.
Five Forces Influencing Mental Models at Verizon Wireless
Similar to other wireless companies, Verizon has five forces to conduct success against its
competitors. The five forces illustrate a representation of the five powers to rise in a low economic
environment. These forces, also known as Michael Porter's Five Forces Analysis, consist of buyer
power, supplier power, threat of substitute product and services, threats of new entrants, and finally,
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14. Alltel Case Analysis
The Alltel Pavilion Case Analysis
To: The Alltel Pavilion Management
From: Team2
Date: 09/17/2012
Subject: The Alltel Pavilion Strategy and CVP Analysis
In this memo, we use CVP analysis to explore strategy for negotiating with different types of artists
and for realizing the business target under various conditions.
The ALLTEL Pavilion in North Carolina is an outdoor amphitheater that provides about 40 concerts
to the public per year. The past operating period shows negative results. The management's aim is to
forge a better strategy to realize their goals in terms of their budget and sign contracts with different
artists.
Although the financial goal is to create profit, we need to calculate the breakeven point to get
started. ... Show more content on Helpwriting.net ...
Exhibit 5 shows the breakdown of fixed costs. Exhibit 6 shows corresponding contribution margin
for compensation based on a fixed fee as well as a 100% variable fee. If we assume Alltel would pay
the talent 90% of ticket prices, which would vary slightly depending on talent, while maintaining
the same facilities charge and service charge, the total contribution margin drops form $37 per
paying customer to just over $15.While this is not ideal, the benefit is the reduction in up front
expenses required. By going to 100% variable compensation Alltel no longer has a substantial fixed
cost associated with paying the talent. Since Alltel only received ~10% of sales, we would suggest
Alltel no longer handle the promoting, saving them another $20k in fixed advertising cost. The
talent would now be in charge of the promotion. They would have the most to gain from the
promotion as they would retain 90% of sales. Hiring a promoter would have its own ROI calculation
and Alltel could certainly continue to offer the services but with a fixed price outsourced model or
affiliate variable compensation model negotiable with each event. Alltel is not a true promoter and
this would allow them to focus attention on their core business and let true promoters promote. The
net result of this is a contribution margin 38% and a breakeven of 5264 paying customers. This is
down from the previous breakeven of 8341. We would describe this process of
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15. Investment Portfolio Analysis
B6201 – Investments/portfolio theory | Investment Portfolio Analysis | Course Project Task 6 | |
Crystal Watkins | 10/17/2012 |
This paper will Identify and explain the major factors driving the market during this week. It will
also identify and explain causes of changes in the market and the index. As well as developed
investment objectives and defined risk tolerance levels. I will also include a snap shot of my
investments and an explanation of why I choose those particular companies. |
The trends that I noticed that were going on with my investments this week were: * Apple – Apple
has asked Foxconn to tighten quality control measures while manufacturing the iPhone 5 after
complaints of scratches on the device's ... Show more content on Helpwriting.net ...
(Marin, 2012) * Verizon – Earlier in the year, wireless carrier Verizon said it was planning on
expanding its 4G LTE coverage to span over 400 markets by year 's end. That was an aggressive
goal considering it started the year with only about 190, meaning it was looking to more than double
that figure in just one year. Turns out that Big Red wasn 't just being overly ambitious, and is
actually reaching that goal ahead of time. Speaking at MobileCon, a conference all about mobile IT,
Verizon CTO Nicola Palmer said the carrier is launching LTE in a handful of markets on Oct. 18,
bringing its total tally up to a whopping 417, further extending its LTE lead against rivals
AT&T and Sprint Nextel. (Evan Niu, 2012) * Target – Radio Shack 's partnership with Target
Corp. to place its employees in Target electronics departments is a money–losing deal that Radio
Shack should consider ending. The deal, signed in 2009 and expanded upon in 2011, hasn 't replaced
the revenue generated by an earlier agreement Radio Shack had to run kiosks in Wal–Mart Stores
Inc. Radio Shack 's Target business lost $17 million more than it did in 2010, Chai said. But the two
companies are apparently working to improve things. Radio Shack 's kiosks now get placement in
Target circulars, and Radio Shack is boosting training of its staff. [ (Journal S. P., 2012) ] * Wal–
Mart – Wal–Mart Stores Inc., the
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16. Essay about Advertising In Baseball Stadiums
Introduction
Baseball is considered to be America's favorite pastime and has become popular all over the world.
This sport is watched by millions of people every time there is a game played. People will go to the
stadiums to watch and a lot of fans will watch the game on television. Since there are so many
people watching these games, advertising has become more and more apart of every baseball
stadium due to the amount of exposure a company can receive by using the many types of ads found
in a baseball stadium. The stadiums use billboards, fences, green screens, merchandise, airplanes,
names of stadiums, and scoreboards as all different ways to advertise a company's product.
Billboards
Billboards play a huge ... Show more content on Helpwriting.net ...
It is the background of the outfielders and whenever a ball is hit out there or someone wants to look
at the scoreboard, people have to look at the outfield and have really no choice to look at the
advertisements on the fences. GAP Inc. really benefited from company's putting there ads on the
fence, because left–centerfield and right–centerfield are called the "gap" in baseball leaving a lot of
stadiums to use GAP as their advertisement in that area on the fence. Fences are really useful due to
how visible they are throughout an entire game.
Green Screens
Technology is making advertising much easier in baseball stadiums and the use of green screens is
really starting to take off. Greens screens are only visible to fans watching the game on television,
but are very useful due to how easy it is to switch an advertisement during an inning of the game.
The green screens are usually located behind the umpire on the backstop to left of batter's box for
left–handed batters. This is not a distraction to pitchers or infielders, because they use a green screen
which is similar to the centerfield sitting area. This area never sits any fans and is either black or
green in a stadium so that the batter is not distracted when a pitcher is throwing a pitch. Marketers
like the ads because they dominate the background behind the pitcher–hitter confrontation, which is
the central image in a baseball telecast. Plus, if an advertisement takes place during
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17. Essay Technical Advancement in the Field of Telecommunication
Technical Advancement in the Field of Telecommunication The move into the Information Society
is driven by the market for new information and communications technologies and services. Whilst
the large number of technologies and services and their providers bring expectations of higher
economic growth, there has been a growing concern about the social, ethical, cultural, political and
economic aspects of the coming society. For some time there has been a considerable interest in the
prospects of obtaining a "sustainable development" through the use of telecommunication
technologies. The generally accepted definition of sustainable development is that "current
generations should meet their needs ... Show more content on Helpwriting.net ...
Wireless Communications: Explosive Growth.
Explosive growth of wireless communications technology continues as the industry experiences
new subscribers and lower prices for services. The U.S. market had 100 million wireless subscribers
in year 2000, a 16.2 percent rise from 1999 of 86 million. In 1993, there were only 16 million
wireless subscribers, a rise of 525 percent rise in subscribers over 7 years. Market penetration rose
33 percent in 2000. In 1993, market penetration was only 6 percent. The explosive growth can
largely be attributed to intensive competition which forces prices down and increase cellular phone
usage. In fact, the market for wireless voice services is becoming mature. Growth rates and heavy
competition are restricting profit margins.
The U.S. telecommunications services industry will continue to expand in 2001. The popularity of
wireless phones has increased the demand for wireless cellular telephone service and reduced the
demand for in–building wired phones. Approximately 50 percent of the population has access to a
wireless phone. With increased usage of wireless phones, the cost structure should be affordable to
the greater population.
Cellular phone growth has fueled expansion of network infrastructure expansion as well. In mid–
2000, there were 95,753 cellular sites. In 1999, there were 74,157 cellular sites. This is year–to–year
increase
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18. Accounting
Course Project (Acc504–Managerial Accounting)
Verizon Communications, Inc
[pic]
Team Verizon
By: Sanobar Salim Adam Abraham Johnny Ly Salih
December 14, 2014
Executive Summary
Verizon Communications Inc., headquartered in New York, is a global leader in providing
broadband and
other wireless and wireline communications services to mass market, business, government and
wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving
more
than 93 million ... Show more content on Helpwriting.net ...
Cellular. Verizon is
currently the #2U.S. telecom services provider overall after AT&T, and the company holds the top
spot
in wireless services ahead of AT&T. Verizon can attribute its success to operating the most reliable
wireless network and the most widely available wireless broadband network in the country. The
U.S.
Enterprise market, serving large–business and government customers, has consolidated in recent
years,
19. resulting in two major competitors – AT&T and Verizon. Marketing Overview: Verizon Wireless –
Competition Influences All Competition is fierce in the wireless telecommunications industry,
especially
between the two largest providers in the US– Verizon Wireless ("VW") and AT&T. This competition
has
influenced every aspect of the value chain including the positioning, brand equity, promotions,
pricing,
and products that VW offers. Products: Wireless Network, Mobile Devices, and Customer Service
SWOT Analysis.
The SWOT analysis is shown in its traditionally charted format:
| |STRENGTHS |WEAKNESSES |
| |Established reputation of reliable coverage across the U.S. |Debt to Equity Ratio |
| |and leading wireless and wireline services provider. |Market Exposure |
| |Developing
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20. Financial Analysis : Verizon Wireless
Financial Analysis – Verizon Wireless
Financial Analysis – Verizon Wireless
Introduction:
Mobile is most useful invention of the science and technology which has helped the world to stay
connected. Verizon wireless is the largest mobile network operator in the United State with its head
office based in Basking Ridge, New Jersey. Verizon wireless is the most reliable and largest wireless
communication service provider providing services such as voice, messaging and 3G data product
with total customer base of more than 110 million. Verizon wireless is a trade name which is used
by Cellco Partnership Inc. in U.S.
Verizon wireless is a joint venture between U.S. based Verizon communication and U.K.
multinational giant ... Show more content on Helpwriting.net ...
Cellular.
Among all the competitors AT&T is the biggest competitor of Verizon, Verizon acquired "Alltel
wireless" in beginning of year 2009 to overtake AT&T and become the largest wireless mobile
network company in U.S.
For a wireless communication company the two things are very important which will help a
company to become the supreme leader in the market and those two things are Coverage &
Customer service.
Due to wide coverage and most efficient customer service Verizon has become the largest Wireless
communication company in U.S.
Ratio analysis
Accounting information is used by management in various ways to make the business decisions.
Accounting information is used to compute financial ratios and comparing the financial data of one
period with other. Various Ratios are used by the managers and accountants for controlling the
functioning of the organization. These ratios are also known as accounting or financial ratios, these
ratios play very important role in the organization. Following are the ratios of Verizon wireless for
last three years:–
Liquidity ratios:
These ratios are computed to judge the short term liquidity of the business. Two most important
liquidity ratios are current ratio and quick ratio. These ratios determine the ability of firm to meets
its current liabilities out of its current/quick assets.
Analysis of the liquidity ratios of Verizon wireless unveiled the fact that the company liquidity
position
22. Crucial Conversations Essay
I knew I was in trouble when I read the words "go back to the book again, learn some more and
apply your new learnings". Deep thinking was not even a phrase I had thought about in at least two
years (since my last Dr. Bill class). Obviously, this book was hand picked for a reason to allow the
process of deep CRITICAL thinking to take place. Go back and apply what you have learned .
learn more .
The beginning of the book dives into what is critical communications? Does it make a difference
and honestly who cares? Specifically however, points out that we as a society will avoid a
conversation the more important and or critical it becomes regardless if this is in a personal,
business and or health situation. If we decide to take on a ... Show more content on Helpwriting.net
...
At first re–action I was upset with the comment and was going to give a knee jerk reaction however,
I thought about my actions and simply commented back that "we are all in the same position with
the same goals so, I am sure all of us will have no problem with reaching our objective". Normally, I
would have given a harsh response to a comment like that but, after doing the analysis outline I
really looked at the bigger picture– was starting this unsafe, crucial, conversation something that I
really wanted or was completely my personal goals without conflict the bigger picture? Obviously, I
took the latter of the two. I did also realize through the question and answer section in chapter four
that I tend to avoid when positioned in a face to face confrontation so, I went out of my way to
remove my self from the that comfort zone and have a verbal conversation with her the next day.
Digging further into the process chapter four discusses as mentioned prior a testing for my actual
reactions to several situations. Ultimately, how to spot and unsafe situations, what would you
normally do, and what do I need to work on. Knowing your own strengths is a huge role in seeing
the warning signs of an unsafe conversation in any application. My personal tendencies after taking
the quiz are high in both silence and violence but,
... Get more on HelpWriting.net ...
23. Transaction Volume ( Per Year ) Price Per Call
Transaction Volume (Per Year) Price Per Call (in USD)
0 – 60000 USD 3
60000 – 200000 USD 2.50
Above 200000 USD 2.00 The suppliers will reduce price if the transaction volumes ends up
increasing above a baseline amount. Suppliers need to base prices on an average baseline volume
that is determined based on data collection at the beginning of the contract. AllTell would like prices
to decline in conjunction with an increase in transaction volume, so it is reasonable in many cases to
not use fixed fees in a pricing structure that varies direct with volume. In the case of high volume,
the setup costs are allotted over more units, which results in lower per–unit costs that should be
passed on to the company as lower prices.
A key issue to focus on in pricing is on is the price per call (PPC). While there are many variations
in pricing to consider for the contract, most of the money that AllTell will pay is for the PPC, so this
will, or should be the focal point during negotiations.
Assessment of issues that may arise – short–term and long–term:
1. Supplier may need access to the company's database – in the process of handling customer
queries the supplier may need to access AllTell's database to answer the question. This may raise the
risk that supplier employees could gain unauthorized access more information in the database than
they are entitled to; supplier employees could initiate incorrect changes in the section of the
database that they are authorized to
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24. Alltel Essay
1. How would you describe the competitive strategy of the ALLTEL Pavilion? Given the firm's
strategy, what are the most important Key Performance Indicators (e.g., quantitative measures) for
the Pavilion to track and manage if it is to achieve its goal of continuous annual growth in operating
income?
ALLTEL Pavilion is operated by SFX Entertainment in an outdoor atmosphere for its customers.
ALLTEL attempts to create a competitive advantage as the major outdoor concert venue in the
"Triangle" area of North Carolina consisting of Raleigh, Durham, and Chapel Hill. The
amphitheater has art–like acoustics and video differentiating the venue with trying to keep costs
budgeted for each concert. The Key Performance Indicators are based on ... Show more content on
Helpwriting.net ...
B. How many tickets must ALLTEL Pavilion sell to earn $30,000 operating income after taxes,
assuming a 40 percent tax rate?
Is it reasonable to assume this level of operating income will be achieved? Briefly explain. $30,000 /
(1–0.40) = 4x($40.08–$3.05) + 1x($13.09–$3.05) – $263,245 $30,000 / (1–0.40) = x($158.16) –
$265,245 $30,000 = x($94.896) – $157,947 $187,947 = x($94.896) x = 1980.5577 tickets
1(1980.5577) = 1981 comp tickets 4(1980.5577) = 7923 paying tickets in order to earn $30,000
Operating Income after taxes The total number of 7923 paying tickets is reasonable to be achieved,
although it is above the number of 7000 tickets that the reserved seating can actually hold at
ALLTEL Pavilion.
3. What should be the average ticket price (for all ticket types combined––A through D) for the
KFBS concert if the fixed–pay fee is $200,000 (rather than $160,635) and the Pavilion expects to
sell 7,000 tickets and wants to earn $30,000 operating income after 40 percent in taxes?
After you estimate the average ticket price for all ticket types combined (which is $22.12 for the
situation depicted in Exhibit 2), estimate the price for each type of seat (i.e., in Exhibit 2: A–$36.29,
B––$22.22, C––$11.31, D––$4.92). [Hint: assume the sales mix for A, B, C, and D seats remains
the same as the mix in the Flash Report (Exhibit 2).] $30,000 / (1–0.40) = 7000 ($13.09 – $3.05)
... Get more on HelpWriting.net ...
25. Verizon Case Study
Verizon Wireless is the nation's second largest wireless provider. With 67 million subscribers,
Verizon trails the largest wireless provider, AT&T, by only 4 million subscribers. The business is a
joint venture of Verizon Communications and Vodafone PLC, officially named Cellco Partnership,
and operates as Verizon Wireless. Verizon Communications is the majority shareholder with a 55%
share.
"I think the point of it for us is that we are who the customers look too to provide them the services
they want. We are going to let them define what they want around advertising. Do they want
location–based things sent to them? Do they want local promotion? If so, we'll do that. Having the
customer in control of it as opposed to having the ... Show more content on Helpwriting.net ...
The company named former Embarq CEO Daniel Hesse to the top spot at the end of 2007. Not long
after, Hesse began replacing Sprint Nextel's top finance, sales, and marketing executives in hopes
that new blood would speed the revitalization of the business. Continuing to struggle to keep pace
with rivals, Sprint Nextel used layoffs during 2007 and 2008 to cut costs. Additionally, the company
announced in 2008 that it would close nearly 10% of its 1,400 retail shops and 20% of its 20,000
distribution points. In an effort to differentiate itself from it's competitors Sprint Nextel has invested
$3 billion in a new network based on Intel's WiMAX protocol which depends heavily on increased
demand for broadband services for it to be successful. In addition, Sprint Nextel has formed several
joint ventures with cable companies to bundle their services and a venture with Clearwire
combining their wireless broadband businesses. SprintNextel's huge investment in wireless
broadband technology is seen as a big gamble but their investment could pay off handsomely if
demand for those services increases dramatically.
T–Mobile USA
T–Mobile USA, a subsidiary of Germany–based Deutsche Telekom's T–Mobile International
business, provides wireless voice and data communications services to subscribers in the US. It has
approximately 27 million customers using its GSM (global system for mobile communications)
network in the US, and they are also able to
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26. Verizon And AT & T. Vail: A Case Study
In this new era of internet and cellphones one of the biggest battles that can be easily seen just by
perusing the internet or watching a bit of television is the clash for who will provide us with these
newly acclaimed necessities. The two biggest players in the industry these days appears to be
Verizon and AT&T. Other big companies, such as Sprint and T–Mobile, are also key competitors,
but it seems like Verizon and AT&T vide for the top. Today, we can't even go a single commercial
break without seeing at least one ad for one of these two companies try to convince us to switch to
their services. Even though it's fairly easy to say that there are only really three or four major
competitors in this field, there are definitely several smaller ... Show more content on
Helpwriting.net ...
Vail's philosophy, which would become the philosophy of the entire company, was "One Policy, One
System, Universal Service." This essentially meant the Vial wanted AT&T and AT&T alone to run
the telephones in the United States. They started by buying up all the smaller companies in the
industry and exponentially increasing their company. It was when AT&T showed an interest in
Western Union Telegraph that the government really started to take an active interest in this growing
monopoly. In 1913, both parties agreed on the Kingsbury Commitment which attempted to halt the
total take over by American Telephone and Telegraph that most people assumed would take place.
The main part of the agreement was that AT&T would not take total control of Western Union
Telegraph and the government would not pursue a federal case against AT&T as a monopoly.
However, this agreement still gave AT&T some, if not, most of the control over Western Union
Telegraph as long as it still allowed part of the company to be owned by independent parties. Of
course this agreement angered a great deal of people as it essentially allowed the company to
continue its reign as a
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27. Howa Da
SMS12.4 paper 5 Does Sponsorship Pay Off pp352–364 KT2 20/7/11 21:23 Page 352 Does
sponsorship pay off? An examination of the relationship between investment in sponsorship and
business performance Keywords sponsorship spend investment business performance indicator
Compound Annual Growth Rate Abstract CASE STUDY Jonathan A. Jensen Adjunct Professor
Columbia College Chicago, 618 S. Michigan Avenue Suite 700, Chicago, IL 60605, USA Tel: + 312
933 2940 Email: jjensen@colum.edu Anne Hsu Account Director Relay Worldwide, 375 Hudson
Street, 13th Floor, New York, NY 10014 Tel: + 212 471 5495 Email: hsu.anne@gmail.com Peer
reviewed Do corporations who invest in sponsorship perform better? Examining ... Show more
content on Helpwriting.net ...
However, no studies appear to exist that examine the relationship between the larger group of
companies that invest significantly in sponsorship and their business performance over an extended
period. The purpose of this case study is to examine the relationship between consistent investment
in sponsorship and a company's overall business performance. The study examines annual
sponsorship spending data for more than 50 US–based corporations, which constitutes all
companies who invested a minimum of US$15 million per year in sponsorship for the five–year
period from 2005–2009. Business results achieved by these companies, including the key
performance indicators of stock price appreciation, total revenue, net income and earnings per share,
over the same five–year period were also tabulated. In order to correct for the varied sizes of the
companies, we calculated the five–year Compound Annual Growth Rate (CAGR) for each, and the
percentage change for each company's stock price from 2005 to 2009. The
... Get more on HelpWriting.net ...
28. Alltel Pavilion
TO: Pam Berg, Manager of the ALLTEL Pavilion
FROM: Valentina Golman, Cost Accountant
DATE: October 29, 2011
SUBJECT: ALLTEL's Strategy and CVP Analysis
As requested, CVP analysis of the ALLTEL Pavilion has been investigated. The focus of the
investigation was on firm's competitive strategy, operating results, negotiating contract fees with
artists, earning budgeted profit goals.
Findings:
1. In response to the competitive strategy of the ALLTEL Pavilion * it is noted to be differentiation.
The firm positions and distinguishes itself from its competitors by providing high end experience to
its customers. The unique value of the product would be: advanced technology, no bad seat in the
house, beautiful settings, wonderful ... Show more content on Helpwriting.net ...
The Pavilion is expected to make this profit. Refer to exhibit3 (2B)
3. If number of projected tickets sold is changing from 8,251 to 7,000, fee paid to the KFBS concert
is also changing to $200,000 and the Pavilion wants to earn $30,000 after 40% taxes then as follows
average ticket price should change from $22.12 to $32.95. Refer to calculations in exhibit 3 (3)
4. Negotiating the fee for the KFBS Allstars: fixed–pay or per capita contracts with average ticket
price of $22.12
* The maximum fixed fee the Pavilion can pay to the KFBS Allstars is $59,630, in order to earn
$45,000 after 40% tax and projected 6,000 tickets sold. Refer to exhibit 3 (4A).
* The maximum fixed fee The ALLTEL can pay to the KFBS Allstars is $455,030 if the show is
expected to be sellout and the Pavilion wants to earn $45,000 after 40% tax. Refer to exhibit 3 (4B).
* The maximum per capita fee that the Pavilion can pay to the KFBS Allstars is $16.65 or $324,819,
assuming the show is sellout and the Pavilion wants to earn $180,000 after 40% tax. Refer to exhibit
3 (4C).
5. CVP analyses helps to understand how profit is affected by the relations among revenue, cost and
29. volume. The decisions on ticket pricing, volume being sold, incurring a cost impact on desired
profit. So, CVP analyses helps to determine how many tickets and at what average price the
... Get more on HelpWriting.net ...
30. Lkklk
Amazon Kindle
Andrew Ascoli Dan Cullina Lea Kunesh Chun–Che Peng Shengbo Xu June 4, 2008
1
Contents
1 Introduction 2 Six Forces Analysis of the E–book Industry 2.1 2.2 2.3 2.4 2.5 2.6 Entry . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . Rivalry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Supplier
Bargaining Power . . . . . . . . . . . . . . . . . . . . . . . . . . Buyer Bargaining Power . . . . . . . . . . . . . . . . . . .
. . . . . . . . Substitutes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Complements . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . 3 3 3 3 4 5 5 6 6 6 7 8 8 8 8 9 10 11
3 SWOT Analysis 3.1 3.2 3.3 3.4 ... Show more content on Helpwriting.net ...
Publisher bargaining power is also important to consider since the Kindle is fairly useless without
e–books. To increase the size of Amazon's e–book library, it needs to obtain publisher permission
for each book it converts. Publishers have a great deal of bargaining power in this respect; while
there are many publishers, for each title one publisher has a monopoly. Thus, if Amazon wants a
specific book for its Kindle, it will have to pay monopoly prices to the publisher. This effect can
already be seen in the market for printed books, where much of the profit on a book is retained by
the publisher. For a large publishing company like Random House, its profits are on the order of
10% of its revenue.[4] On the other hand, a book retailer like Barnes and Noble 4
has drastically lower profitability, with profits less than 1% of revenue.[5] Thus publishers have a
great deal of supplier bargaining power since they essentially decide which books become e–books
and whether those books will be available for the Kindle. Publishers can also require that Amazon
sell only versions of their books that include Digital Rights Management (DRM), an attempt to
prevent illegal copying of the content. Consequently, all books sold through Amazon on the Kindle
are available only in the proprietary AZW format. Most competing readers also specialize in
... Get more on HelpWriting.net ...
31. Sprint Swot Analysis
Caitlin Cacciatore
Professor Ophelia Groth
Business Recitation 1011
October 24, 2017
Sprint: A Brief History and Overview
Sprint: An Overview
Sprint is an American company devoted to telecommunications with headquarters in Overland Park,
Kansas. It is the fourth largest telecoms company in the United States, and it provides both phone
and Internet service to approximately 57.7 subscribers (Our Network). As a company passionate
about connecting people, Sprint executes and employees are constantly seeking to improve their
network and expand their customer base in order to be "the standard against which others are
measured" (Corporate Policy).
Mission Statement and Goals
Sprint's mission statement is not stated explicitly on their website, ... Show more content on
Helpwriting.net ...
In 1972, the government sought to build a communications network, and Sprint, which stands for
the "Southern Pacific Railroad Internal Networking Telephony," was born (Sprint Born from
Railroad, Telephone Businesses).
On August 12, 2005, Sprint merged with Nextel Communications Inc. (Sprint, Nextel Merger
Complete as of Friday). In June of 2013, Sprint was acquired by Softbank (Strategic Acquisition of
Sprint by Softbank). About 72 percent of Sprint's shares were acquired by Softbank, who invested
approximately $21.6 billion dollars in Sprint's network (Sprint and SoftBank Announce Completion
of Merger).
Currently, T Mobile and Sprint are considering a merger. Announcement of the potential merger is
expected in late October (Sprint and T–Mobile Are Ironing Out Final Deal Details).
Sprint: A Sprawling Corporate Empire
Sprint, in their quest for excellence, currently employees 28,000 individuals. The corporation
recently expanded to 44 new locations in the Southwest, creating more than 300 additional jobs. The
number of Sprint employees have decreased since 2014, when Sprint was employing about 36,000
individuals (Sprint Corp). It is worth noting, however, that while Sprint is currently employing
fewer individuals, Sprint offers competitive employee benefits such as medical coverage, paid leave,
32. and discounts for healthy lifestyle choices (2015 Benefits Summary). In 2016, Sprint's revenue was
33.3 billion dollars "for
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33. Blackstone and the Sale of Citigroup's Loan Portfolio
BLACKSTONE
AND THE SALE OF
CITIGROUP'S
LOAN
PORTFOLIO
Market Conditions (I)
Corporate credit expansion in the U.S. between 2001 and the first half of 2007 was driven almost
exclusively by the inflow of institutional (non–bank) funding into the syndicated loan market.
The participation of a wide range of institutional investors
(including structured funds known as collateralized loans obligations (CLOs), hedge funds, mutual
funds, pension funds, and insurance companies) in the corporate loan market was facilitated by loan
syndication.
In general, institutional investment in loans tended to concentrate in the leveraged segment of the
market; i.e., loans to non– investment–grade firms or non–rated firms with high committed or ...
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1. Why is Citigroup seeking to sell the portfolio of leveraged loans? (IV)
Why might it make sense for Citigroup to SELL this loan portfolio? Table AAverage Credit
Statistics for Large Corporate Buyouts
Year
1998
1999
2000
2001
2002
2003
36. 2.37
2.5
2.57
1.99
1.85
2.22
2.34
Covenant–lite volume ($ billion) 3.14
0.3
0.26
0.02
0.00
0.46
0.07
2.43 23.62 95.56
2.55
1. Why is Citigroup seeking to sell the portfolio of leveraged loans? (V)
Why might it make sense for Citigroup to SELL this loan portfolio? Banks would normally be able
to absorb a few billion dollars of bridge loans on their balance sheet BUT the issue lies in the
systemic nature of the underwriting risk.
In 2008, banks were under pressure to sell the assets on their books more broadly.
Like many others, Citigroup had suffered unprecedented losses and write–downs and was facing the
prospect of having even more considerable losses. (See Case pp. 2–3.)
Because bridge loans are not intended to be
... Get more on HelpWriting.net ...
37. Personal Finance Chapter 4 Essay
Chapter 5 Question 1 The table gives the supply schedules for jet–ski rides by three owners: Rick,
Sam, and Tom, the only suppliers of jet–ski rides. Price (dollars per ride) | Quantity supplied (rides
per week) | | Rick | Sam | Tom | 10.00 | 0 | 0 | 0 | 12.50 | 5 | 0 | 0 | 15.00 | 10 | 5 | 0 | 17.50 | 15 | 10 | 5 |
20.00 | 20 | 15 | 10 | a. What is each owner's minimum supply–price of 10 rides a day? At the
minimum supply price of $15, Rick determines to supply 10 rides a day
b. Which owner has the largest producer surplus when the price of a ride is $17.50? Explain.
Rick is the largest producer surplus from rides when the price is $17.50 a ride. At this price he sells
15 rides a day because the 15th ride costs him $17.50 to ... Show more content on Helpwriting.net ...
b. Explain what might be the source of the diseconomies of scale that ProPainters experience.
Question 5 The table shows the production function of Bonnie's Balloon Rides. Bonnie's pays $500
a day for each balloon it rents and $25 a day for each balloon operator it hires. | Output (rides per
day) | Labour(workers per day) | Plant 1 | Plant 2 | Plant 3 | Plant 4 | 10 | 4 | 10 | 13 | 15 | 20 | 10 | 15 |
18 | 20 | 30 | 13 | 18 | 22 | 24 | 40 | 15 | 20 | 24 | 26 | 50 | 16 | 21 | 25 | 27 | Balloons | 1 | 2 | 3 | 4 | a.
Graph the ATC curve for Plant 1 and Plant 2.
Total cost (TC) = Total Fixed cost (TFX) + Total Variable cost (TVC)
As $500 a day for each balloon is fixed cost so total fixed cost a day of Plant 1 = $500 x No. of
balloon
TFX = $500 x 1 = $500
$25 a day for each balloon operator it hires, total variable cost a day of Plant 1 = $25 x No. of
workers (balloon operator)
TVC = $25 x No. of workers
Total cost (TC) = TFX + TVC
From each total fixed cost, we have average fixed cost (AFC) = Total fixed cost divided by number
of outputs
From each total variable cost, we have average variable cost (AVC) = Total variable cost divided by
number of outputs
The formula of average total cost (ATC) = sum of average fixed cost (AFC) and variable cost (AVC)
Based on the formulas above, the figures for each Plant of Bonnie's Balloon Rides that has been
worked out as the following tables:
Labour | Plant 1 |
... Get more on HelpWriting.net ...
38. Friar Tuck
1 Project Overview In this paper we will examine the process that Friar Tucker used to decide which
project to implement that best supported their organizational goals. We will also use similar
techniques to create a simple strategic plan outline to be used to guide us on a personal project.
According to the simulation, "All projects that an organization undertakes are linked to the
organization's strategic plan. This entails the development of a process by which projects are
selected based on their relevance to the strategic plan" (Wideman, 1999). This of course is much
easier said then done. However after completing the first step of the project by insuring that the
project is necessary and pertains to the organizational mission ... Show more content on
Helpwriting.net ...
Who will do the work? Are there any building permits that are needed? What do you do with the old
fence marital? Are there any government programs that can be used to assist in paying for this
project? Which way is the smooth side of the fence going to face? Yes, there are a lot of questions
that must be answered and a great deal to think about so let's get started with the obvious... talking
to the neighbor. After doing some basic cost analysis, (cost of supplies, workers vs. self–instillation,
and time) a tentative agreement was reached to share the cost and a work assignment was reached.
One member of this new team will price the materials, call for building permit information, and
inquire into pre–packaged fence designs that may be at this fledgling team's disposal. The other
member of this team will inquire about government programs that may be available, cost of
workers, and old fence material disposal information. Normally, when creating a project there is a
structured formula that a project manager will use through each stage of the project. From the
project intention stage, to getting the project off the ground, and eventually reviewing the final
processes stage and making adjustments as needed before stepping back to see the work that has
been done. In our small project all of the steps may not be necessary, but most will be utilized even
in some small way. The process should go a bit like this: The Project Initiation Stage is concerned
with taking these
... Get more on HelpWriting.net ...
39. Verizon & Alltel Merger
History of Verizon
Verizon Communications, Inc. was formed on June 30, 2000 with the merger of Bell Atlantic
Corporation and GTE Corporation, in New York City and incorporated in Delaware. On July 3,
2000 Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol. On
March 10, 2010 they began trading on the National Association of Securities Dealers Automated
Quotations (NASDAQ). The mergers that formed Verizon had roots going back to the beginning of
the telephone business in the late nineteenth century.
With the regulation by the government and the signing of the Telecommunications Act on February
8, 1996, Verizon saw promise of a new competitive marketplace. In 2004 Verizon was added to the
Dow Jones Industrial ... Show more content on Helpwriting.net ...
Alltel went through numerous mergers thereafter. In 1993 Alltel acquired GTE's Georgia service
area. In 1999 Alltel merged with Standard Group, Inc. and Aliant Communications. VALOR
Telecom was formed with the acquisition of telephone assets from GTE Southwest Corporation in
2000. Verizon sold approximately 600,000 local customer lines in Kentucky to Alltel in 2002. Alltel
and VALOR merged their landline business in 2005 and by 2006 they formed Windstream
Corporation. In November 2008 Verizon Wireless received final approval from the FCC for the
acquisition of Alltel and by January 2009 the merger was completed, thereby making Verizon
Wireless the leading wireless provider in the United States. Prior to Verizon's acquisition, Alltel
operated its network in thirty–four states, with a wireless coverage that was the largest in the United
States by area. Alltel's focus was on small to medium sized cities. With roaming agreements with
Verizon and Sprint, Alltel provided wireless services to residential and business customers in all
fifty states. This allowed Alltel to give their customers access to nationwide service while providing
coverage in rural areas.
Economic Setting The telecommunications industry is one of the most profitable and rapidly
growing industries since 2005. The four major companies are AT&T, Verizon, Sprint Nextel, and
... Get more on HelpWriting.net ...
40. Verizon Essay
MEMORANDUM
Date: February 16, 2015
To: Nancy Clark, VP of Marketing Operations
From: Joseph Akiki
Subject: Analysis of and Recommendation for Verizon Brand
The Verizon Wireless brand remains successful despite increasing competition in the
telecommunications industry. After breaking away from Bell Atlantic (AT&T) in 2000, Verizon
made advancements toward connection speed and coverage. Verizon was the first to employ 3G
network in 2002, and repeated again in 2010 when it introduced 4G LTE. Since 2000, Verizon has
spent over $80 billion in technology innovation which allows it to provide top coverage amongst
competitors and develop its network (About Verizon Wireless).
Verizon set the expectations high for its competitors in the industry, but they have responded with
innovations of their own. Competitors such as T–Mobile have introduced programs that eliminate
the traditional two–year contract which forced Verizon to respond and create one of their own
known as EDGE. ... Show more content on Helpwriting.net ...
This inquiry has allowed Verizon to work on expanding their 4G LTE network which is top in
coverage amongst its competitors. Besides expanding it network Verizon has made various attempts
to attract an African American customer based market. Verizon has ran various advertisements
campaigns during Black History month in efforts to attract new purchases (Mobile Service).
Mobile Price War
Verizon continues to impress the nation with its impressive 4G LTE network and the efficient
coverage it provides across the US. The industry as a whole is under market saturation and with
many individuals carrying a smartphone competitors must find other ways to expand. This may be a
problem for Verizon because with excellent service comes a price. Many competitors are using this
as advantage to gain new competitors.
Mobile Battle for
... Get more on HelpWriting.net ...
41. Sprint And T-Mobile Merger Analysis
Many companies in the United States are struggling to survive. These companies are experiencing
significant decreases in revenue, reduced assets, and increases in liabilities. Companies that already
filed, or are at–risk for filing bankruptcy are struggling with keeping up with their competitors,
causing the companies to lose their value. When a company files for bankruptcy, the company no
longer gets to make the business decisions. The bankruptcy courts begin to make the decisions for
the companies in efforts to restore the businesses. If the company is unable to revive itself from
bankruptcy status, the company goes out of business. If this occurs, the company must sell
everything it owns in order to compensate its shareholders and repay ... Show more content on
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This means that the next 3–5 years for the company, currently known as Sprint, looks promising.
The merger may not create perfect business conditions for the company, but financial improvements
will appear evident and Sprint's legacy is likely to survive. However, if the merger does not go
through, Sprint Corporation is still at–risk for closing its doors within the next couple of years. If
Sprint does not merge with T–Mobile, and the executive leaders fail to develop effective strategies
to revive its current financial situation, I am predicting that Sprint Corporation will no longer exist
in the near
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42. Jacksonville, Florida City Case Study
Jacksonville, Florida was the host of the 2005 Super Bowl which was 12 years ago. The population
of the city in 2005 was 782,623 people and there was a 6.39 percent population growth between
2000 to 2005 leading into the largest sporting event in America (U.S. Beacon, 2014). There was a
population of 371,791 males which is 48.38 percent of the people in Jacksonville. In, addition
females represented 396,746 of the population with that being 51.62 percent of the total population
of the Florida city (U.S. Beacon,2014). The state population in Florida that year was approximately
17,789,864 million people (??). The game was played on February 6th, 2005 at the Alltel Stadium
which is now EverBank Field in Jacksonville, Florida (Jacksonville Stadium ... Show more content
on Helpwriting.net ...
This signified the importance of the hotel accommodations in the city and exemplified how the
Super Bowl brought revenue to Jacksonville through consumer convenience. At Super Bowl
XXXIX in Jacksonville the average ticket price had a value of 550 dollars (DePietro, 2017). The
stadium capacity is 67, 246 and if you multiply that by 550 the ticket revenue was equal to
36,985,300 million dollars excluding the amount taken out by taxes. For the Super Bowl the city of
Jacksonville spent 5.5 million, on security, sanitation, and clean up to prepare for the game and the
general fund revenues and transfers for the city in the year 2005 were 804.2 million (Finance
Jacksonville). Lastly, the city of Jacksonville docked five cruise ships along the St. John's River,
adding the equivalent of 3,667 hotel rooms, housing 6,400 people for the major event (Super Bowl
Notes). Furthermore, Jacksonville had a tall task in accommodating the many people that came to
city to watch the game and the capacity was in some cases not enough. However, more than 9,500
of Jacksonville's residents volunteered to help at Super Bowl XXXIX (Super Bowl
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43. What External Focuses Influence A Firm 's Strategy?
LO 2) What external focuses influence a firm's strategy?
There are 3 major types of external environments that a firm must focus on: business, remote and
competitive. Failure to recognize and evaluate these forces will affect a firm 's success.
The business environment is all the eternal factor in a general form, things that a firm can recognize
while creating a strategy but cannot change themselves.
The remote environment is a specific part of the business environment; including changes in the
economy, technology, demographics and legal/regulatory changes. Economic changes can be
affected at many levels, local, regional and globally. When the economy is strong, businesses will
usually expand and during not so good economic times, such as recessions, businesses usually
struggle a bit more. The book shared an example that is contradictory to this though; in a recession
stores that are low priced such as Dollar Tree, Dollar General, etc., experienced growth during the
recession because they offer goods at an extremely low price. However, I actually learned that these
prices are lower because the quality and quantity of the goods is less, which I found interesting. For
instance, say you go to Dollar Tree to get some tupper ware; this will come in smaller packs,
therefore it is cheaper. Bakers may sell Tupperware in 4–packs while Dollar Tree sells it in a 2–pack
and that 's why it can be priced at $1. I 'm sure this isn 't true for everything but some things in
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44. Essay about The Impact of Computer Technology
The impact of computer technology 1
Running Head: The impact of computer technology
Life learning assignment for CIT 312
In partial fulfillment of the requirements
For the Bachelor of Business Administration Degree
By
Matthew Dotson
Professor: Daniel Mays
Cohort 19
July 22, 2008
The impact of computer technology 2 Has computer technology enhanced our society or has it
crippled our ability to function ethically? Computer technology has affected the workplace and
compromised our privacy leaving us exposed for unauthorized use of our personal identity. Our
world has become less ethical and it has become very difficult to trust or determine what is
authentic. ... Show more content on Helpwriting.net ...
Storing information in cookies is another procedure hackers use to gain personalized information
about users by storing files for future references. Many companies use cookies to customize a
frequent shopper habits in an attempt to make shopping easy and efficient. Initially this caused a
major uproar because companies did not inform users this was taking place and users became
extremely suspicious, not knowing what other information was exposed. This procedure increases
the opportunities for an invasion to occur. Today everyone is looking for a good deal. Using the
internet for shopping or auctions is very popular. The largest auction site today is ebay, in existence
since 1995 with billions spent yearly however; large amounts of personal information is needed to
register and still reported as one of the top areas of fraud according to the Federal Trade
Commission. Inaccurate and misinterpreted information in data bases is also a major issue with
technology and computers. Our
45. The impact of computer technology 6
government requires sex offenders to register with local municipalities to notify the public that they
are residing in a particular neighborhood. There have been several cases where outdated information
has caused people to be harassed and killed. According to (Baase, 2008)
A family was harassed, threatened, and physically attacked after its state posted an online list of
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46. |Curbing Social Loafing in the Retail Environment | |
| |
|Curbing Social Loafing in the Retail Environment |
| |
|
| |
Introduction Verizon Wireless is one of the major cell phone companies in the United States.
According to its website, it has 73,000 ... Show more content on Helpwriting.net ...
Literature Review Organizational Citizenship Behavior and Social Loafing: The Role of Personality,
Motives, and Contextual Factors by Tan and Tan (2008) focuses on the relationship between
organizational citizenship behavior, OCB, and social loafing. OCB is chosen because it contributes
to productivity and effectiveness. Conscientiousness is identified as a predictor of OCB (Tan and
Tan, 90). They suggest that a person lacking conscientiousness would be prone to social loafing. The
lack of conscientiousness leads to undependable, less motivated behaviors. These are associated
with social loafing. They also studied the relationship between OC and PV motives on social
loafing. OC motives are desires to help one's organization based on pride. PV motives are desires to
help one's peers. The lack of these motives results from not feeling like one's actions are noticeable
or when a worker feels they are surrounded by others who lack motivation. Tan & Tan suggest if OC
and PV motives are high, social loafing will be less likely. They explore the contextual factors
associated with social loafing. They highlight task visibility, task interdependence, group
cohesiveness, and felt responsibility. Task visibility is defined as the extent to which one feels others
see the effort they exert. (93) Tan and Tan expect that low task visibility would cause a person to use
less effort based
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47. Mobile, Global, And Virtual Business Environment
No other industry touches as many technology–related business sectors as telecommunications,
which, by definition, encompasses not only the traditional areas of local and long–distance
telephone service, but also advanced technology–based services including wireless communications,
the Internet, fiber–optics and satellites. In today 's fast–paced mobile, global, and virtual business
environment means that business leaders must change their approach to daily operational issues,
new business opportunities, and local, regional, and global uncertainties. Telecom companies must
gain a deep understanding of customer attitudes, behaviors and actions. This is essential to
improving customer acquisition and retention. Verizon focuses on customer service and customer
value while driving their future growth. Verizon is not just another wireless provider they are also
offer business solutions via their wireline business. Wireline handles Small Business, Medium &
Enterprise, and Government customers. This side serves as providers from your neighborhood
restaurant to IBM to the federal government. These services include managed security, television,
voice and data, internet, and cloud services resulting in over $16 billion in revenue in 2015
("Verizon Annual Report Downloads 2015," 2016). Verizon is considering three customer growth
strategies that increase business–to–business (B2B) relations and increase revenue. (1) Migrate from
legacy systems to new created platform. (2) Growing
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48. 9-4 the Alltel Pavilion Essays
Case 9–4
Cost–Volume–Profit Analysis and Strategy: The ALLTEL Pavilion
Andrea Mullens
1) The competitive strategy of the ALLTEL Pavilion is largely focused on differentiation. With no
substantial competitors in the geographic region, they are looking to create an "experience" for the
audience and thus maintain the sustainability of the venue. They do this primarily through solid
Marketing efforts. They are focused on the making the venue and each event as profitable as
possible, by making it as highly visible as possible. Working within an established marketing budget
of $20,000 per event, the team analyzes demographics, options, and potential ROI in order to make
decisions about how to spend this money. Looking beyond each ... Show more content on
Helpwriting.net ...
So it is $37.03 per customer * The contribution for each comp customer is $10.04= $13.09
(1.91+7.66+3.52)–$3.049. * So, with the assumption that 25% comp customers would attend:
37.03Q + 10.04 (.25Q) = $263,245 (total fixed costs)
At breakeven, Q=6,658 paying customers who will be in attendance with an additional .25 x 6,658 =
1,665 comp customers.
3) The breakeven analysis is likely to be more important for a fixed fee performer because the fixed
costs are higher (because of the talent cost), and there is a greater risk from poor attendance at the
event.
The question of whether the Pavilion would prefer fixed fee or per capita performers would vary
depending on the popularity of the performer. If they could choose only one type, they should prefer
to pay for talent on a per capita basis because the risk is shared with the performer and the low
operating leverage would protect from huge losses. However, it should be noted that Alltel would
benefit from paying popular artists on a fixed fee basis as the anticipated large attendance would
well exceed the breakeven point and become more profitable for the venue.
4) A sensitivity analysis could help Alltel pavilion assess potential risks/rewards associated with
changes in costs or sales volume. A What–if analysis would be helpful to determine profits given
variations in sales. If the pavilion had a strong inclination as to the draw of a particular artist, this
would give them the
50. Blackstone and the Sale of Citigroup’s Loan Portfolio Essay
HBS Project:
Blackstone and the Sale of Citigroup's Loan Portfolio
Blackstone and The Sale of Citigroup's Loan Portfolio
In the second half of 2007, the banking industry and financial market showed signs of considerable
stress by raising the default rate of mortgage and the decline in the value of residential mortgage–
backed securities. This had led to a re–pricing of many debt instruments. By the end of 2007,
Citigroup declared that the fair value of its U.S. sub–prime related direct exposure could decline by
20%. This affected Citigroup's financial results and would incur further losses in the future.
One of Citigroup's main concerns was the risk of their exposure from holding leveraged loans. Due
to the increasing risks and ... Show more content on Helpwriting.net ...
Therefore, it is reasonable that prices will recover, which, in the long run, would benefit Blackstone.
Why is the Citigroup seeking to sell the portfolio of leveraged loan?
Citigroup's leveraged loan exposure is composed of two main risks. First, holding these leveraged
loans could be costly from a regulatory capital perspective because they hold a 100 percent risk
weight. Citigroup would need $80 million of capital for every billion dollars of leverage loan. By
selling these leveraged loans, Citigroup would reduce capital requirement. Second, a decline in the
leveraged loan index (LCDX) value from 97 cents on the dollar to 92 cents on the dollar posed a
$1.5 billion loss on its leveraged loan portfolio for the fiscal year ending on December 31, 2007.
Furthermore, Citibank did not intend to hold theses loans. Like many others, Citigroup had suffered
unprecedented losses and was facing the prospect of having even more considerable losses. By
selling these loans, the bank's image was greatly improved.
3. Assess the purchase price using information on CDS spreads
A) Using historical recovery rates, what is the implied probability of default? What is the implied
IRR?
The CDC spreads for six of the senior notes are given in exhibit 7 and they are 984.6 for Alltel,
893.75 for First Data, 1147.35 for Harrah's, 3434.03 for Tribune and