Wednesday, May 6, 2020
PTG Telecommunication Company
Question: Discuss about the PTG Telecommunication Company. Answer: Political Economic Socio/cultural Technological Legal Environment 1.The changing set of central cabinet ministers affect companies such as PTG and play a big part in success and failures 2. It is essential to abide by certain guidelines related to tax, national laws and safety guidelines 1.the business of telecommunication has to go through a lot of interest and credit risk which affects its profit margin, inflation, and economic growth 2. The company needs to sell the product at minimum profit margin keeping in mind that quantity of demand is more. 1. In businesses such as PTG, safety and accessibility are two such factors which are deemed to be important for both customers as well as employees. 2. Hence, keeping good security measures for devices is essential. 3. Problems such as internet connectivity and signal drop need to be kept under check for maintaining the trust. 1.The company is said to be a leading brand in telecommunication only and only if it can understand and inculcate the new end technology in its system as soon as possible and provide the customer with a stabilized form. 2. Devices should be innovative but keeping in mind that they are standard also and as per the demand 1. The company wishes to have advantage over its competitors on the social media but then it comes with a risk of lots of legal issues even if the company had been following rules correctly 2. It needs to keep a check that none of these cases causes harm to its image 1. It is important for PTG to keep the greenhouse gasses emission under control 2. Australia is a country wherein lot of significance is given to GHGs 3. The wastes from hardware and wires need to be managed in a proper manner. Porter five forces Competitor Analysis Company/Competitor Market image Next-gen digital marketing Delivery of service Information and customer care Pricing Our company-PTG Good Yes Utmost Priority Really good Customer friendly Vodafone Really good No Second Priority Even Using brand value and high priced 2 Degree Good No Even Good Average Telstra Superb No Even Really good Balanced References Wet feet. (2016).Industry Overview: Telecommunications - Wetfeet.com. [online] Available at https://www.wetfeet.com/articles/industry-overview-telecommunications [Accessed 5 Jun. 2016]. Communications.gov.au. (2015).Telecommunications in new developments. [online] Available at: https://www.communications.gov.au/policy/policy-listing/telecommunications-new-developments [Accessed 5 Jun. 2016].
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