Verizon Swot Analysis Paper

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Business Analysis Part 1 MGT 521 February 14, 2012 Business Analysis Part 1 In this paper will contain the company, which was chosen for the Fortune 500 Company. The company, which was chosen, was Verizon Wireless. Researching Verizon has much SWOT analysis in this company. It will also show how the decision if to invest in the company of such large business. This paper contains all the SWOT analysis, and it will identify the internal and external stakeholders in this company. It will also explain if the needs are being met and our company ensures customers on how we can improve as a company. Strength of Verizon This company provide one of the best wire line and robust in the United States. “As of December 31, 2008, the company's…show more content…
Wire line’s revenues decreased by 1.9% in 2008 compared to 2007, having fallen by 0.8% in 2007 from 2006. Verizon Telecom's mass markets revenue, meanwhile, decreased by 1.5% in 2008 compared to 2007, having fallen 1.2% in 2007 compared to 2006. These decreases were due to lower demand for and usage of basic local exchange and accompanying services, attributable to consumer subscriber line losses driven by competition and technology substitution, including wireless and VoIP.” (MarketWatch: Telecoms, Feb2010) For Verizon the cost can be a weakness for this company for the reason for the cost for their plans. There plans may cost quite a bit more than other wireless providers. On Verizon smart phones, which require more data plans, which can be costly more than and internet service. Another weakness of Verizon is poor customer service, which the company will try to improve on. A person could never just speak to one person about a problem, which the company has different agents to handle different effects dealing with people…show more content…
Looking at this company SWOT analysis it shows how the strength gives it part in the company. It also shows how the coverage is basically worldwide in every city and state. A strength that Verizon has is a bundle package with internet, home phone, and cellphones. The weakness also provides what the company is struggling in and how some of their competitors are trying to all of Verizon customers. It also shows how other competitors try to compete in price and coverage of phones to make a sell and other services, which they are in competition with. Threat to Verizon is their competitors and the services, which they might provide. Another threat to Verizon is satellite must cellphones companies are offering great satellite with the company providers. They are trying to beat the local cable companies in their price and shows, which they may obtain on TV. Opportunities with Verizon are people, which are in school and have a second job they would work around their schedule. They also provide excellent 401k plans for their employees and excellent benefits for their families. Another opportunity, which they provides are tuition reimbursement for people who are trying to go to school to better their education for them and their

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