UK Public Limited Company
Vodafone PLC
Goals, mission of the company
The vision of Vodafone PLC is to enrich customers with products and services that are unique through power mobile communication. This vision spells the innate intention of the company from its generation up to any near future. The vision statement lets the company anticipate for global existence and dominion through its profit elicitation while delivering quality products to customers. The vision brings to us the real picture of the organization. It is made up of the aspirations and hopes the organization aims to achieve after a certain period. It is a framework for the present and future performance of the organization. The vision of Vodafone PLC is to make mobile network systems a "nervous system" that incorporates connected markets within Europe, U.S. And Japan.
The mission statement of Vodafone PLC helps to explain the reason why the company exists in the market. It is a representation of what the senior managerial sector of the organization focuses to achieve after a period. The mission of Vodafone PLC is to be a communication leader in a necessarily connected world.
b. Objectives of Vodafone PLC and its comparison to a private company
Vodafone PLC has various objectives in the market. The objectives are definitive statements that spell the future position of the organization. They are quantitative and qualitative in nature. Vodafone Company aspires to become one of the leading brands in the world. The organization has utilized a number of marketing strategies and options, which enabled it to meet all the stated objectives of becoming one of the top five brands in the global market. Vodafone PLC seeks to retain the market leadership for a long period after clinching the top five positions. Vodafone PLC intends to stretch its services in the emerging market like Africa and Asia. The markets keep emerging and remain dynamic every day. The organization aims at taking advantage of this emergence in order to arrive at a good and stable position in the global market. Moreover, Vodafone PLC has objectives raised at introducing innovation in mobile use by making use of sophisticated technologies and gadgets in the market (McDonald & Burton 2002, p. 85).
When compared to a private company, Vodafone has objectives that are similar and common in the market. The only advantage that the organization has is that it has managed to exist in the global market. The rate of awareness is high and cannot be disputed. Moreover, the company relishes support from the emerging markets and technologies, something that cannot be integrated with ease within a private company. Unlike a private company, Vodafone PLC relishes openness while operating in the global market without many economic and financial restrictions in the market.
c. Stakeholders, and how they meet the objectives of its different stakeholders and strategies used
Vodafone PLC has a many stakeholders in the market. Some stakeholders are internal like the employees while others are external like customers. Other stakeholders include the board members, and other members of the organization. In order to achieve productivity within the organization, stakeholders play the role of exemplifying achievement of six goals. Some of the immediate goals are aimed at making Vodafone PLC as one of the UK's leading communication channels and making responsible corporate leaders.
Investors within the corporate invest in the organization hence making it see possibilities of achieving its goals and objectives. Business customers are entitled to access and marketing of the company's products and services in the market. Moreover, non-governmental organizations play the role of balancing the organization's performance in order to be in line with specifications from the public. Other stakeholders within Vodafone PLC are the industry and business consumers. All these stakeholders have one goal of making Vodafone PLC achieve its goals and objectives in the market.
2. Impacts of the following on Vodafone PLC
a. The UK economic system
The UK economic system is a pertinent factor in determining what takes place in the UK markets. All the businesses like Vodafone PLC have their operative activities determined by the UK economic system. The UK economic system refers to a model of operation in which all of the UK economic structures have been structured in the market. The system is imperative to credit accrual and continuum of businesses in the market. For instance, it becomes less easy to make a profit and establish permanent models of the business establishment and continuity with the use of the system.
The existence of Vodafone PLC has been the UK economic system actively. The system has enabled Vodafone PLC to have its state of operations based on every mechanism...
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