Acc3214 Business Life Cycle Assessment Answer

Page 16of 27trends are expected to continue. The popularity of content,whether on television, on the internet, or through movies, is difficult to predict and can change rapidly, and low public acceptance of our television, OTTand movie content, including WarnerMedia’s content, could adversely affect the company’sresults of operations. The company are taking steps to mitigate the risks from thesechanges, such as the2020 launch of theHBO Max direct-to-consumer streaming platform and new, enhanced advertising opportunities, but there can be noassurance that these and other efforts will be successful in responding to these changes.Required:(a)Critically evaluate the external environment changes and trendsthat wouldaffect the company’s strategic decisions.(b)Critically examine AT & T’s internal environment. What resources and resulting capabilities and core competencies do you see within the company that gives it the strategic competitiveness. (c)Is the company’s current strategy suitable for existing situation and conditions? What recommendat io ns can be made to address the strategic concerns and safeguard AT & T’s financial stability?(d)Stankey is succeeding long-timeChief Executive Officer Randall Stephenson on July 1, vaulting him to the top of a company that’s been transformed in the past decade.Source: Moritz, S. and Smith, G. (2020), Blunt New CEO Inherits Challenge of Turning AT&T intoMedia Star. [Online] Available at: , Accessed on 18thJune 2020Required:Is Stankey from the internal or external managerial labour market? Critically evaluate the effects of CEO succession and top management team composition strategy