Prestige telephone company case solution. Prestige Telephone Company Case Study Solution (1).pdf 2022-12-12
Prestige telephone company case solution
Prestige Telephone Company is a telecommunications company that provides landline and broadband services to customers in a specific region. The company has been struggling financially for the past few years due to increased competition from wireless and internet-based communication providers. In order to improve its financial performance, the company has decided to implement a number of changes to its business model.
One of the main changes that the company has implemented is the introduction of a new pricing model for its landline and broadband services. Rather than charging a fixed monthly fee for these services, the company has introduced a usage-based pricing model. Under this model, customers are charged based on the amount of data they use, with higher usage resulting in higher fees.
This change has been met with mixed reactions from customers, with some praising the company for offering more flexible pricing options and others expressing concern about the potential for higher costs. However, the company believes that this new pricing model will ultimately be more sustainable and profitable, as it allows the company to better match its pricing to its actual costs.
In addition to changing its pricing model, the company has also made a number of improvements to its network infrastructure. These improvements include the deployment of new, high-capacity fiber optic cables and the upgrading of existing network equipment. These changes have allowed the company to increase the speed and reliability of its broadband services, which should help to attract and retain customers.
Finally, the company has also invested in new marketing and sales efforts to promote its services and increase its customer base. This includes the development of new marketing materials, such as brochures and website content, as well as the expansion of its sales team. The company believes that these efforts will help to differentiate it from its competitors and make it more attractive to potential customers.
Overall, the changes that Prestige Telephone Company has implemented appear to be having a positive impact on the company's financial performance. While there may have been some initial challenges, such as customer pushback on the new pricing model, the company's efforts to improve its network infrastructure and increase its customer base seem to be paying off. It will be important for the company to continue monitoring its financial performance and making adjustments as needed in order to sustain its success in the long term.
STEP 3: Doing The Case Analysis Of Prestige Telephone Company: To make an appropriate case analyses, firstly, reader should mark the important problems that are happening in the organization. The strengths and weaknesses are obtained from internal organization. These forces are used to measure competition intensity and profitability of an industry and market. As the most important objective is to convey the most important message for to the reader. Initial reading is to get a rough idea of what information is provided for the analyses. Also, if they want to shut down Data Services PDS they would have to pay an outside company to provide this service to Prestige Telephone Company PTC with the loss of the revenue from commercial sales. They are a computer data service company that does data processing for the parent company in order to sell computer services.
Prestige Telephone Company Case Study
Bradley is unsure how much promotion this would take. Secondly, after identifying problems in the company, identify the most concerned and important problem that needed to be focused. An increase in promotion that would increase commercial sales by 30% would increase sales to 179 hours per month. The company was opened in order to bring in additional revenue in order to offset increases in telephone rate increases. However, if there are many suppliers alternative, suppliers have low bargaining power and company do not have to face high switching cost. Clear yourself first that on what basis you have to apply SWOT matrix.
Prestige telephone company case study solution Free Essays
Even, the competitive parity is not desired position, but the company should not lose its valuable resources, even they are common. How much could be spent and still leave Prestige Data Services with no reported loss each month if commercial hours were increased 30%? You may not be perplexed to enjoy all books collections prestige telephone company case study solution that we will agreed offer. After defining the problems and constraints, analysis of the case study is begin. Even, the competitive parity is not desired position, but the company should not lose its valuable resources, even they are common. Also, manipulating different data and combining with other information available will give a new insight.
Prestige Telephone Company Case Study Solution and Case Analysis
There would also be a benefit from laying off the personnel, and there would be no wages and salaries to pay. This strategy helps the company to make any strategy that would differentiate the company from competitors, so that the organization can compete successfully in the industry. One is duplicating that is direct imitation and the other one is substituting that is indirect imitation. Its operations exact a huge amount of fixed costs to cover. Once that analysis is accepted, each calculation is straightforward. It mainly consists the importance of a customer and the level of cost if a customer will switch from one product to another.
Is these conditions are not met, company may lead to competitive disadvantage. Throughout the three years of being Premium Costs Variable cost Revenue Prestige Telephone WILLIAM J. However, poor guide reading will lead to misunderstanding of case and failure of analyses. Appraise the results of operations of Prestige Data Services Data is not a problem to Telephone. Except for wages and perhaps materials and supplies, it appears most other expenses would not be affected by this reduction of service and revenue.
Prestige telephone company case solution Free Essays
RARE: the resources of the Prestige Telephone Co company that are not used by any other company are known as rare. Consider carefully the differences between reported costs and costs relevant for decisions that Daniel Rowe is considering. STEP 9: Selection Of Alternatives For Prestige Telephone Company Case Solution: It is very important to select the alternatives and then evaluate the best one as the company have limited choices and constraints. Increased promotion would increase sales by up to 30%. Also, the opportunity cost of the leases for the computer equipment, which had four years left and are non-cancelable. This value may create by increasing differentiation in existing product or decrease its price.
Prestige telephone co
The subsidiary started operations in 1995 and has yet to experience a profitable month and by the end of 1996 its income was low enough to necessitate a report to shareholders. If the goods and services are not up to the standard, consumers can use substitutes and alternatives that do not need any extra effort and do not make a major difference. Therefore we have used the exhibits provided to analyze and come to a conclusion whether Prestige Data services should be shutdown or allowed more time to show its contribution. Reducing operations to 16 hours on weekdays and eight hours on Saturdays would result in a loss of 20 percent of commercial revenue hours. Bradley is unsure how much promotion this would take. Harvard Case Study Solutions STEP 2: Reading The Prestige Telephone Co Harvard Case Study: To have a complete understanding of the case, one should focus on case reading. Bradley is unsure how much promotion this would take.
Prestige Telephone Co Case Study Solution and Analysis of Harvard Case Studies
It's nearly what you habit currently. Therefore to select the best alternative, there are many factors that is needed to be kept in mind. Firstly, the introduction is written. It is not vis--vis the costs. We conclude that, retaining Prestige Data Services is better than shutting it down due to its possibility of becoming a cash cow in near future. For example, using Aquafina in substitution of tap water, Pepsi in alternative of Coca Cola. Firstly, the introduction is written.
Prestige Telephone Company Case Study Solution and Analysis of Harvard Case Studies
And the buyer power is low if there are lesser options of alternatives and switching. Considering changes in pricing or promotion that might improve profitability. STEP 10: Evaluation Of Alternatives For Prestige Telephone Company Case Solution: If the selected alternative is fulfilling the above criteria, the decision should be taken straightforwardly. It is used for the purpose of identifying business opportunities and advance threat warning. Now question comes what expenses could be saved? Therefore, it is necessary to block the new entrants in the industry. The four components of VRIO analysis are described below: VALUABLE: the company must have some resources or strategies that can exploit opportunities and defend the company from major threats.