Case study-rogers who they are

Assignment Help Finance Basics
Reference no: EM133071768

Case Study: Rogers Who They Are:

Rogers Communications Inc. is a Canadian communications and media organization running on the whole withinside the fields of wi-fi communications, cable television, telephone and internet, with enormous extra telecommunications and mass media assets. Almost all their operations and sales are in Canada. They are highly skilled and diversified workforce of roughly 25,300 employees. The head office is located in Toronto, Ontario with numerous offices across Canada.

History and Vision

Over the years strong corporate citizenship is a longstanding part of Rogers heritage. They aim to be a decent business for their customers and shareholders, a great employer for their people, and a great neighbour within the communities where they operate. They continue to learn and grow as a business. Rogers makes it possible for Canadians each and every day, proudly connecting them to a world of possibilities and the moments that matter most in their lives.

The company was founded in 1960, and has grown to become a leading technology and media company that strives to provide the very best in wireless, residential, and media to Canadians and Canadian businesses. Rogers communications was built by Edward Samuel Rogers Jr., who was one of the most successful entrepreneur produced in Canada. He studied at University of Toronto and Osgoode Hall Law School; however, he was more interested in business than his studies. Rogers first started his journey when he borrowed $85,000 to buy Canada's first FM radio station named CHFI. That same year Rogers teamed up with a few people and won the licence for CFTO, the first private television station in Toronto. CFTO began broadcasting on 1 January 1961. Three years later, Rogers expanded the reach of his radio business by adding an AM station, which later on became 680 News. Although the radio and TV stations won growing audiences in their first few years, they were still losing money and was in a lot of debt. He then started looking for larger opportunities and came to a realization of the potential cable television, an industry that was still in the early stages of growing. By the end of 2007, the small broadcasting company that grew into a cable giant that was now primarily a cellular services provider, with wireless operations accounting for 54 percent of revenue and 70 percent of profit. Unfortunately, in 2008 Ted Rogers had passed away from heart failure at the age of 75.

In 2017, Rogers Communications was Canada's 38th largest company measured by annual revenue. The reports demonstrated total operating revenue of $14.1 billion and profit of $5.4 billion. By the end of 2017, Rogers Wireless provided voice and data communication services to 10.5 million subscribers under the Rogers, Fido & Chatr brands over a network that covered 96 percent of all Canadians, as well as wireless roaming around the world. Rogers cable delivers television, Internet, and home phone services to 4.3 million homes in Ontario, New Brunswick and Newfoundland.

Channel:

Rogers communication commands a challenging asset base starting with telecommunications, banks, smart home monitoring, and the sports and media. These are assets used by the company to maximise its business in the communication business. The major subsidiary of the company is the sports and media section which commands the uppermost spot in revenue and the market share. Under telecommunications, Rogers claims having both the French and English community TVs falls under its cable division. The company consists of pay-per-view services as well. They had also invested in fast internet and the wireless sector. Under sports and media, it has capitalised in podcasts, radio and conventional TV. The company was established in 1960 when Joel Aldred and Ted Rogers obtained CHFI with antecedents dating back to 1925 when the CFRB radio was launched by Edward S Rogers Senior. This has seen the company become a domestic name.

Customer Experience Story:

Two months ago, my internet suddenly stopped working and that created a lot of problems for me because of my assignments. I had a bad customer service experience when I called their customer care and their number was busy for the first half an hour. When they finally ended up picking my call, I found out that it was their main reception desk and the gentleman again redirected me to another department adding to my frustration because I had to further wait another 20 minutes while my assignments were piling up. When I finally ended up being directed to the correct person, I found out that it was just a silly mistake from their side and it took them literally 2 to 3 minutes to fix it. Although the problem was fixed but what irritated me more was that they should have trained their customer service team better on how to attend the customers in a better way and solve their minor issues quickly without wasting all that time because sometimes stuff like that seems really unprofessional and definitely doesn't suit a company like Rogers. The company could have handled this situation differently by ensuring better service to customers. They could have provided enough resources to provide quick access to customer care

1. Discuss the organization's current customer strategy as reflected in your business case from the article above.

2. Evaluate the strategy in relation to your customer experience. Is the strategy being delivered? Describe why it is or is not.

Reference no: EM133071768

Questions Cloud

Concepts of net present value-shareholder wealth : What is the relationship between the concepts of net present value and shareholder wealth maximization?
Working capital obligations : An asset mix strategy includes: How an organization chooses to finance its working capital needs.
Calculate how much money has peter accumulated : Five years ago Peter had started his saving for his children's higher education by putting a lump sum of $25,000 into an investment instrument on the securities
What is the amount of the average daily receipts : ABC company deals strictly with five customers. The average amounts theses customers pay per month are $27800,$32500,$86200,$209800, and $426500. The smaller tw
Case study-rogers who they are : Rogers Communications Inc. is a Canadian communications and media organization running on the whole withinside the fields of wi-fi communications, cable televis
What is the accounting break-even level of production : The variable cost per unit is $4.20. What is the accounting break-even level of production?
Calculate the depreciation charges for the year ended : MPL also paid for the custom duty of $800 and freight charges of $1,500 for the machinery. Calculate the depreciation charges for the year ended
How much are fred monthly repayments : Fred Smith has just purchased a new car valued at $45,700. He paid a 15% deposit and borrowed the remainder from his bank. The terms of his personal loan are a
Determining the final payment of automotive excellence inc : Automotive Excellence Inc. borrowed $20,000.00 on April 16 with an interest rate of 8.5% per annum. On May 30, $5800.00 was repaid, and on August 15, $5600.00

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd