GMS 200 Chapter Notes - Chapter 1: Globalive

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Bamidele Adunkele

Document Summary

Globalive communications corp. : winds of change in the telecom industry. When scanning the environment, globalive needs useful information. Use the criteria in the section (cid:498)what is useful information? (cid:499) to identify information useful for determining the company"s decisions. In order to make useful decisions, a company needs information that is of high quality, relevant, convenient, timely and understandable. An example of this would be the website globalive created in order to get feedback and opinions from potential consumers. This is deemed as useful information because it directly relates to the goal globalive has which was creating a telecommunications company that is based on what the people want. Another example of useful information in this case is knowing the amount of the telecommunication market that their competitors control. In order for a company to make successful decisions, they need to take into consideration many different aspects and following the criteria of (cid:498)useful information(cid:499) can help in making these decisions.