Wednesday, October 9, 2019
Analyse the Telecom Industry and Analyse also the company 3 mobile Essay
Analyse the Telecom Industry and Analyse also the company 3 mobile - Essay Example Depending on the supply chain and logistics of operation within the telecommunication industry, the analysis gives possible factors that have led to the flourishing of the industry in one way or another. The macro-economic factors are essential and each company ought to consider them in its strategies (Mithas, Tafti & Mitchell 2013, p 511). Beginning with the Political factors, it is worth noting that the telecommunication industry faces a number of government interventions, depending on the telecommunication laws of each country. Some of the areas where government policies play a primary role include the media, mobile telephony, and internet services. A countryââ¬â¢s political system can determine the macro-environment under which the telecommunication companies will operate (Peng & Nunes 2007, p 230). Any fluctuation in the Economic factors can significantly affect the industry. For instance, change in interest rates, economic growth of countries, and inflation can either spell doom for some telecommunication companies or even signify abnormal profits. It all depends on a companyââ¬â¢s strategy within the telecommunication industry, considering that economic factors are unpredictable are bound to change according to other factors beyond control by any company or country. In this regard, global recessions may lead to increase in the prices of telecommunication products by some companies. Other companies will attempt to gain competitive edge by limiting their distribution of the latest mobile devices to some countries only, just as Apple Inc. has done (Peng & Nunes 2007, p 231). Social factors are fundamental macro-environmental factors within the telecommunication industry, considering the diverse attitudes and preferences within the industry. Safety while operating or working with telecommunication equipment and network is
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