Target Company - Sprint Essay Example | Topics and Well Written Essays - 750 words

Target Company - Sprint - Essay Example The corporate structure and the organizational culture are the backbones of the company’s success (Ante 54). This is demonstrated by the value that the company leadership and management have for the employees and all stakeholders of its business operations and activities. The organizational culture and behavior of the company is however determined by the various forces and variables within the business environment. The economic environment within Sprint’s business activities is characterized by increased competitiveness from its major business rivals and new entrants into the wireless telecommunication industry (MarketWatch 284). It is due to the company’s need for staying competitive that its core corporate values are designed to demonstrate and achieve maximum integrity in the provision of wireless telecommunication services and products to its customers. Integrity is achieved through both the words and actions of the management and employees (Curran 30). Integ rity means that the company endeavors to remain competitive by becoming the most reliable internet provider within the business environment. Additionally, economic forces have caused the company to provide its customers with competitive prices for its telecommunication services. ... ocial and cultural forces within the telecommunication industry and business environment in general have mandated the company to adhere to its corporate responsibility. Additionally, the company values its ethical responsibility to all of its stakeholders (Ante 55). It is in this regard that the directors of Sprint are drawn from diverse cultures to ensure that the needs of all stakeholders with all their differences are effectively met. The company’s directors and management value good relationship with the employees through effective leadership approaches, enhanced communication and collaboration. More importantly, the leadership and company management focuses on gaining the confidence of the investors (MarketWatch 288). In this sense, the interests of the company’s stakeholders are taken into due consideration by the decisions of the directors. Furthermore, the company’s ethical responsibility has been embedded into the company’s business behavior which is characterized by well compensated and motivated employee. As a result of this, the company’s work force is creative and innovative in the design and production of various telecommunication services. The political and legal environment has led to the company’s adherence to the regulations and policies of the government in all its operation (Curran 30). The behavior of the company’s directors and the management team is thus influenced by the regulatory environment within the legal and political business environments. The election of directors is through a majority vote as required by the legal framework. Additionally ethical practice in the presentation of financial statements is highly valued by the company. More importantly, the company has adhered to the regulations on taxation (Ante 56). The