The influence of telecommunications industry on Gross Domestic Product (GDP) is 4- 5% of the country that is relatively minor importance to the country. But GDP never reflects about social and economic importance. Approximately all UK businesses are vastly dependent on telecommunications to execute business, more over-reliant is every branch of centralized as well as local government and related public organization. Social life is extremely dependent upon telecommunication industry as it broadcasts Television services to every home, mobile services, wireless internet, satellite communication, texts to friends providing the facility for anyone to call upon the emergency services. Defense and security of the nation are highly dependent on Telecommunications. For that reason, it has a multiplier outcome. Moreover, its value to the overall stability of life along with the elected tradition of this country is enormous. Realizing the importance governments have recognized with the intention of the issue repeatedly rise above the narrower profitable interests of the companies who make available services. Therefore administration has several duties to guarantee the flexibility of the country’s telecommunications systems as well as services.
The influence and impact of environmental change in relation to successful management are directly related to the business environment. An organization needs natural resources, living persons, as well as places and things to exist. All such factors together make up the business environment. It falls into two categories namely external and internal business environment. The forces outside of the association with the intention of potentially influence the performance of the organization appears in the external environment of Business. During the external or macro business environment analysis political, economic, social, technological altogether known as PEST analysis is carried out. The factors affecting the performance of the company in the intermediate environment considered as micro or internal business environment factor. It includes customers, suppliers, Marketing intermediaries, competitors, the general public and the pressure groups. Financial inputs of labor, stakeholders, banks, stockholders, and other money relevant organizations are suppliers for the organization. Every company’s management focuses inputs at the lowest price while ensuring the quality to meet the demands of the customer. Therefore, customer is essential in the internal business environment for analyzing internal or micro business environment 5, C analysis is the best approach. One of the largest mobile companies in the United Kingdome’s telecommunication sector has Vodafone recognized for its best services and third largest company worldwide.
