The sales profit in present-day price wars: the example of Telecommunication Company

• Journal: Global Academic Society Journal: Social Science Insight, Vol. 1, No. 1, year 2008, pp. 14-21.
• Author(s): Ivan Volkov
• Category: Social Science Insight II
• Keywords: profit on sales, telecommunication, wholesale, competitive activity, price wars, Telecommunication Company Stelton Technology

Abstract

Competitiveness is one of the most important conditions to increase company's profit. Increasing growth speed and volume of profit depends on many factors such as managers' activity and their knowledge, market conditions and so on. There are many methods how to increase growth speed and volume of profit in up-to-date competitive situation. Many methods are widely used but they are hardly to be used from day to day. Any company needs new methods for increasing its competitiveness and as consequence increasing of company's profit, too. Company has more advantages than other ones if method was not used by any company before. New method of increasing profit on sales of a company is offered in the paper. The example of Telecommunication Company is illustrated in the paper.
The article consists of introduction, essence of competitiveness increasing method by the example of Telecommunication Company Stelton Technology and conclusions. Introduction discovers the main points around a problem of increasing of sales profit. Essence of competitiveness increasing method discovers main points of some methods of increasing profit on sales of wholesale Telecommunication Company.