Operational Strategy Weaknesses Supplier Dependency- Verizon depends on various key suppliers and vendors for providing equipment and services including switch and network equipment, handsets and other devices and equipments required to operate its business and provide products to its customers; such as Apple, Saumsung, Motorola, Windows, LG, and Otterbox. The company’s handset and other device suppliers rely on one vendor for manufacturing and supplying vital components used in their devices. If these suppliers or vendors fail to offer equipment or service on time or fail to meet the company’s performance expectations, Verizon may not be able to offer products and services required by the customers. The company also may not be able to continue to maintain nor improve the network. In addition, the company’s business may get disrupted if it requires or chose to replace the products or services of one or more major …show more content…
Consumer awareness about the advantages offered by these devices, especially email, text, internet, and chat would contribute to smart devices business growth even during tough economic times. The contributions of the company are characterized by speedy technological changes, which could affect its business operations. To compete effectively with its competitors, the company will need to keep introducing new and innovative products and services that exceed the customers’ expectations. The introduction of products using new technologies or the implementation of new industry standards can make existing products, or products under development, outdated or not marketable very easily. Inability to study the evolving technological landscape could impact the company’s competitive