Saturday, January 25, 2020
Competitive Advantage Of Vodafone Over Other Telecom Players Marketing Essay
Competitive Advantage Of Vodafone Over Other Telecom Players Marketing Essay INTRODUCTION A Company is said to have a competitive advantage if it can sustain a profit that exceeds the average of the industry .According to Michael Porter there are two basic types of competitive advantage:- Cost Advantage:-when a company is able to deliver the same benefits as provided by their competitors at a lower cost. Differentiation Advantage:-when a company delivers benefits that exceeds the benefits provided by their competitors. There are 4 generic business strategies in order to gain competitive advantage over others. The four strategies are described in the figure shown below. Differentiation Cost COST LEADER DIFFEREN TIATION LEADER leader Broad DIFFERENTIATION FOCUSER COST FOCUSER Narrow Strategy Differentiation In this strategy one or more criteria used for selection by buyers in a market are chosen and then a business plan is used to uniquely meet those criteria. Mostly companies come up with plan that associates with charging a premium price for the product that often reflect the higher production costs and extra value-added features provided to the consumer. Differentiation is about charging a premium price that more than covers the additional production costs, and about giving customers clear reasons to prefer the product over other, less differentiated products.(David Jobber) Vodafone came up with differentiation strategy when they launched I phone service, even though they were charging their customer more than their competitors but they still got the edge over others by offering free Vodafone to Vodafone calls for life time calls and better network strength compared to other competitors. Strategy Cost Leadership In this strategy companys main objective is to be lowest cost producer in the industry. If the achieved selling price can be at least equal (or near)the average for the market, then the lowest-cost producer will (in theory) enjoy the best profits. This strategy is usually associated with large-scale businesses offering standard products with relatively little differentiation that are perfectly acceptable to the majority of customers. Occasionally, a low-cost leader will also discount its product to maximize sales, particularly if it has a significant cost advantage over the competition and, in doing so, it can further increase its market share. Vodafone has started Home Cell tariff for its Metro Digital service. In this offer off-peak calls from a specified location (such as office) for 5 pence (8 cents) a minute were provided. By launching this they have clearly scored a cost advantage over others like O2,3,orange. Strategy Differentiation Focus In this strategy company aims to differentiate within just one or a small number of target market segments. The special customer needs of the segment mean that there are opportunities to provide products that are clearly different from competitors who may be targeting a broader group of customers. The important issue for any company adopting this strategy is to understand that what customers really needs and wants in other words that there is a valid basis for differentiation and that existing competitor products are not meeting those needs and wants. Vodafone introduced One Net, a hosted fixed and mobile voice service for SMEs . this move is regarded as to be very effective move for Vodafone as Vodafones model is to charge per user, per month and claims the total One Net solution can be 15%-20% cheaper than SMEs pay for typical services currently. Strategy Cost Focus In this strategy a company seeks a lower-cost advantage in just one or a small number of market segments. The product will be basic perhaps a similar product to the higher-priced and featured market leader, but acceptable to sufficient consumers. Out of these 4 strategies differentiation and cost leadership strategies operates in broad range of market to get a competitive advantage over other competitors .By contrast, differentiation focus and cost focus strategies are adopted in narrow market to gain edge over others. Why do so many people choose Vodafone? First of all Vodafone operates in all 3 segments of market i.e they have targeted low level ,middle level and high level market which not only make it open to large market but also gives a competitive advantage over the other major telecom players . Secondly they have put in large investments on strengthening their network so that their customers can make more calls more places and there on they can have an advantage over others by winning costumers confidence over quality and reliability of their services . Thirdly they have reduced their effective cost by approximately 5 times in last the 3 years so that they can provide better value for money to their customers which in turn gives them a edge over other telecom giants. And of lately they have kept a focused on customers services in order to maintain high standards of customer satisfaction. In addition to above points Vodafone understands the change in market requirements with time and have always tried to come up with new innovative idea to attract more and more costumers for example:-of lately they have understood the need to penetrate in business organizations for which they have started 3 new plans which are as follows:- For small business:- This plan concentrates at those costumers which are sole traders or those who are running a family firm or those who are working in a growing enterprise because it offers business phone and accessories at great value price for calls ,e mail and mobile broadband. For medium sized and large sized business:- This plan concentrates at organization more than 100 to 1000 employees .This aims at providing low call cost and flexible working with in a integrated network. This plan also aims at transforming the business communication with solutions that makes communication more agile and more productive than ever before. For Public Sector:-Vodafone has been working with public sector for more than last 20 years as they are approved supplier in OGC(Office of Government Commerce) frame work. Vodafone has transformed the public service delivery by providing more flexibly and efficient working solutions. Besides targeting the business sector they have also started new services on which none of their competitor has focus on yet, like disability services .They were quick enough to notice the increasing complexity in technology and introduced new phone which are easy to use which in turn has opened a all new market for them ,for those who like their things to be simple or are disabled this offer by Vodafone is very lucrative. VODAFONE MARKET SHARE v NUMBER OF CONNECTIONS 2005 2006 2006 2007 2008 2009 Total United Kingdom 67,680,000 67,437,525 68,066,300 70,626,527 74,375,797 76,067,605 3 (Hutchison) GBRHU 3,358,000 3,473,925 3,386,000 3,633,527 3,883,597 4,410,105 O2 (Telefonica) GBRCN 15,981,000 16,340,600 16,814,300 17,751,000 19,075,200 20,416,500 Orange GBROR 14,858,000 14,958,000 14,951,000 15,097,000 15,756,000 15,850,000 T-Mobile GBRME 17,158,000 16,361,000 16,730,000 16,734,000 17,124,000 16,675,000 Vodafone GBRVF 16,325,000 16,304,000 16,185,000 17,411,000 18,537,000 18,716,000 Contract United Kingdom 22,100,360 22,113,120 22,546,152 24,096,237 26,883,502 30,578,828 3 (Hutchison) GBRHU 1,880,480 1,945,398 1,953,462 2,164,714 2,435,002 2,993,888 O2 (Telefonica) GBRCN 5,502,000 5,686,200 5,873,800 6,298,000 7,015,000 8,698,500 Orange GBROR 4,977,430 4,891,266 4,731,000 4,970,000 5,722,000 6,298,000 T-Mobile GBRME 3,439,000 3,248,000 3,611,000 3,821,000 3,861,000 4,109,000 Virgin Mobile (Virgin Media) 435,700 712,300 Vodafone GBRVF 6,301,450 6,342,256 6,376,890 6,842,523 7,414,800 7,767,140 Prepaid United Kingdom 45,579,640 45,324,405 45,520,148 46,530,291 51,243,295 51,306,777 3 (Hutchison) GBRHU 1,477,520 1,528,527 1,432,538 1,468,814 1,448,595 1,416,217 O2 (Telefonica) GBRCN 10,479,000 10,654,400 10,940,500 11,453,000 11,388,000 11,718,000 Orange GBROR 9,880,570 10,066,734 10,220,000 10,127,000 10,034,000 9,552,000 Tesco Mobile 1,800,000 T-Mobile GBRME 13,719,000 13,113,000 13,119,000 12,913,000 13,263,000 12,566,000 Virgin Mobile (Virgin Media) 3,987,500 3,305,700 Vodafone GBRVF 10,023,550 9,961,744 9,808,110 10,568,477 11,122,200 10,948,860 Vodafone has second largest market share in UK telecom market .As per the details shown in the table above total number of connection provided by Vodafone(19,114,000) are second largest, next to O2 (21,299,300).Vodafone is planning to buy T-mobile which would give them sole market share of around 40% after which they will be the market leaders by far leaving O2 behind(financial times).Table shown below compares all the network provider on basis of number of connections provided in last 5 years of time spam .From which we can easily interpret that Vodafone in UK is second largest network at the moment and as per their plan if the T-mobile take over by Vodafone takes place they are going to the largest network in UK market leaving other telecom players far behind them.
Friday, January 17, 2020
Oliver Twist Essay
Oliver Twist is the second novel written by Charles Dickens. It is all about Oliver who was an orphan living the world of crimes in London. The novel was published in Bentleyââ¬â¢s Miscellany in a monthly basis. George Cruikshank was the illustrator of the said novel. Criticisms and opinions were gathered y Dickens as introducing the world of crimes. He exposed to the world the life of criminals and prostitutes. With this criticisms and comments, he took the opportunity of presenting a good view of his composition. He did not take the critics in a negative way. Among the works of Dickens, Oliver twist is the presented in a dramatic form. Oliver twist appears in series of novel in 10 theaters in London. The novel was also made with 25 numbers of versions since it started in 1906. The Famous Roman Polanski was the also made his own version of Oliver Twist. In the Oliver Twist, Oliver was an infant born in a workshop. After the adaptation of Oliver, he the came to an infant farm where he came o develop himself and then get back to the working place. Orphans were put to the workhouse to get their selves a home to get into. In the workplace, the orphans were experiencing the inhumane and mistreatment. With these mistreatments, the orphans were put into starvation. Oliver was asked to stand before his comrades to talk with their masters about the issue. Troublemaker is also named or recognized after Oliver. He does some job for other person who wishes to take him (Dickens, 2003). Oliver outside the workplace life was uneasy at first. He was so tired and hungry. He didnââ¬â¢t expect that life was also misery. Jack Dawkins is one of the persons who help Oliver by giving him a place to stay. Even though, he was recently together with thieves, he was still finds people who help him. As he stays with Dawkins, he also works with him. He came to the world of pick pocketers. With his work with Dawkins, he was also accused for some crimes. With the crimes being accused for him, he came to experience the world of criminals and prostitutes. He had himself put into a world where there are many negative insights. The life of Oliver really became a misery when he came with the criminals and do some criminal works. His life was also nearly put to death when he once put into criminal work when he was shot. With this misery life of Oliver he came to know about his family roots. He came to know who his brother is. He talks with Maylies and Doctor Losberne about his misery life. He had a brother who is a monk and he was claimed to be an inherited to a monk. Oliver was also an inheritor of an estate which his father wrote in will before his father died. And because of this they wanted to have the inheritance of Oliver. In the end, Oliver made a life of good after he had also got the inheritance. Oliver Twist is of the great novel of Dickens. The novel presented a story of humor and wit. The novel is of poverty mode and of cruelty. Oliver Twist may e given recognition for his thoughts about the world and its great creativity of story. With this Novel of Dickens, he used some world views. He relates the Novel with religion world view. He uses some facts with the monks when tackling about the religion. He discussed that eve though the family of Oliver was of different religions, they were still putting the peace on their heart. With respect to the political view, the politics in the novel represents some deficiencies of the true form of politics in the whole wide world. It was presented and explained on the novel how the politics is some sort of injustice. The real politics and politics in this novel are neither really similar nor different. In the geographical view, the novel was situated in way that the geographical mode is of the same way with the time of the novel was presented. It was situated in a community where people experienced difficulties with respect to community of criminals ad prostitutes. The people in the novel were creating a way that the geographic position of the community is essential. Tackling with the social view, the author speaks for the truth about the social community. It is explained in the novel that people need other people to survive in the community. People are born for other people. No man is an island. In order to survive the cruelty of the world, one person should have great communication and social interactions with other people. And last but not the least, about the economic view. One of the great topics in this novel is about the economic view. It is presented here that in life of poverty and scruelty; people were doing unnecessary things just to make their life into fulfillment. People may do some crimes and other illegal works just to survive in the low economized community. The use of providing great world issues in the Novel is a way to provide creativity with the said religion, political, economical, social and geographical ways. The author, Charles Dickens have very wide thought about the current issues I his time that he came to develop a novel with story that relates to the whole wide world. I is necessary for him that he even does not have good experiences in writing had no acclaimed awards for his works he still make it expressive for him to provide meaningful Novel. The Novel in particular was really fascinating for the story it provides is viewers or readers, it catches most of the readerââ¬â¢s attention. It does not need o make some more great speculations for the story to make it interesting. It was interesting in many ways. With its thoughts and ideas, it is still interesting. List of Reference Dickens, C. Oliver Twist. New York. Penguin Books; 2003.
Thursday, January 9, 2020
Application Of A Continuous Learning Management - 770 Words
Continuous Learning Management The training is provided as Learning on the Go to the associates and focuses on technologies which associates are working on. The CLP facilitates certifications and ongoing technical training of associates to meet the requirements of business. Leadership Development Program The program focuses on grooming of future global leaders. Associates are screened for eligibility and then put in thorough rigorous and in-house-brand programs. The company also encourages associates to take up courses in premier B schools across the globe by providing sabbatical leaves. (Grooming global managers, n.d.) Foreign Language Initiative Foreign Language Initiative is a must for associates, who are sent for global assignments.â⬠¦show more contentâ⬠¦The company understands the issues related to diverse workforce and has set up Diversity and Women network (DAWN) to sensitise employees and make culturally aware. The women after inducted by TCS are assigned a women mentor or advisor to quickly acclimatise them. Moreover, any associate, who is sent abroad for foreign assignments, is trained properly about culture and language of that location. Apart from these, TCS puts in great efforts to impart TATA group ethic and culture. The only attribute that drives TATA companies is the value system. (Rich culture diversity @ TCS, n.d.) Expatriate Management TCS is well aware of the problems that expatriate faces at foreign location such as culture shock, alienation etc. Therefore the company follows a set of actions for expatriateââ¬â¢s career development. â⬠¢ Schedule informal pre-departure interviews with expatriate and family. â⬠¢ Provide ideas for training and development while working on site. â⬠¢ Regularly touch base with the expatriate and his/her supervisor to ensure that the associate is comfortable in his overseas assignment. â⬠¢ Participate in the associates performance reviews. â⬠¢ Provide home country input (about restructuring plans and the like) to the expatriate. â⬠¢ Be available to the expatriate when he or she is on home leave or business trips. â⬠¢ Notify the expatriate, HR and appropriate line managers of any openings back home. â⬠¢ Actively plan and implement a smooth reintegration of
Wednesday, January 1, 2020
Racial Diversity And The School System - 1769 Words
The discussion of integration in schools have multiple forces that continue to be examined today by race and class. Stratification in todayââ¬â¢s school systems are segregation in residential neighborhoods. Most attendance in public schools are determined largely by where students live. Predominantly white suburbs and poor minority neighborhoods both are grouped by income and race. This particular grouping can create school districts to be separated by race. Segregation in urban areas of North Carolina schools could be a concern, and the recent expansion of charter schools has brought up new fears with regard to the districtââ¬â¢s desegregation efforts. Does school choice impact racial diversity and the achievement gap in North Carolina schools? Residential segregation has been a large focal point in education policies since Brown v. Board of Education overturned the ââ¬Å"separate but equalâ⬠act for blacks and whites in 1954. This helped create some of the first federal policies in creating integrated schools in America. The ruling in the Supreme Court Case Parents Involved in Community Schools v. Seattle School District No.1 of 2007, also limited the way that districts could use race to determine school assignment. Both rulings introduced the notion of parental choice of schools having the possibility to positively impact school integration. Choice programs of the 1950ââ¬â¢s and 1960ââ¬â¢s led to racial integration issues. During the 1970s through the 1990ââ¬â¢s brought many new choice programs toShow MoreRelatedThe Education System Of Lcsd Is Based On The Ses Student1723 Words à |à 7 Pages Analyze from legal perspective one situation Introduction The education system of LCSD is based on the SES student assignment policy. The policy was developed to address the issue of racial segregation that existed between the Latino, blacks and the majority whites. 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Kozolââ¬â¢s frustration compelled him to become a staunch advocate for disadvantaged children so that theyRead MorePower Of The Students During The History Of American Education Essay984 Words à |à 4 Pagesthe history of American education, students have faced many dilemmas that have caused interference to the community in many ways. For the past half century many of the educational reform movements (e.g., school desegregation, head start, and bilingual education) have attempted to promote racial and class equality in education. So why is it that these reform movements havenââ¬â¢t been successful in equalizing educational opportunities? There have been notable achievement gaps between mainstream and minority
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