...Clear Channel Communications Case 1. Evaluate the sales process that led to the 37.60 offer. Did the sales process followed by the Board and the Special Advisory Committee maximize the offer price? What else should have been done, if anything, to increase the offer price? • In 2006 Mark and Randall Mays approached Goldman Sachs to discuss several options for the proposed sale of Clear Channel Communications. Options included a leveraged buyout, a complete spinoff of CCO, and/ or the sale of certain assets such as rural-market radio stations and all of its television stations. • The LBO came to the forefront and the Randalls met with private equity firms Blackstone and Providence Equity. Blackstone and Providence presented a bid as a consortium to buy Clear Channel for $34 per share. The independent board of directors swiftly rejected the price as they felt it was not adequate. Blackstone and Providence then indicated they might be willing to increase their bid to 35.50. Soon after private equity firms Thomas H Lee Partners expressed interest in bidding along with Bain Capital and TPG to form a competing consortium. Two more consortiums also had come together Apollo Management and the Carlyle Group, and Cereberus Capital Management and Oak Hill Capital Management. • Each consortium separately proposed a price of $ 36.50 per share. The board felt the bids were too similar to each other to choose and requested they improve their share price. In November 2006 the consortium...
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...Communication Channels Scenario I: You are the Marketing Manager for a new beverage that has done remarkably well in the United States after its introduction, especially in sports arenas such as football and basketball. The Vice President of Operations charged you and your team to develop a strategy for entering this new beverage into the global market. You need to take this task back to your team, provide them with the product details, and get them started as quickly as possible because they only have one week to develop a strategy. What communication channel will you use? Why is this channel the best choice in this situation? What communication channel will you use to convey your strategy to the Vice President of the Operations? Why is this channel best choice in this situation? The communication channel of choice to deliver non-routine information that has a sensitive timeframe and requires immediate feedback is one with high channel richness. A face-to –face meeting should be schedule as soon as possible with the team to provide them with the product detail and get them started immediately to achieve the one week deadline. To communicate the strategy to the Vice President of Operations a written form of communication would be the communication channel of choice. Robbins and Judge (2011) stated: “Why would a sender choose written communication? It’s often tangible and verifiable…The marketing plan for a new product, for instance, is likely to contain a number...
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...Communications Channel Paper Kristen Peoples & Rebecca Mckeeth HCS/320 Health Care Communications Professor Paul Woods May 7th 2012 Communication Channels Communication is something very important no matter what organization or workplace one might reside. It is something that is absolutely necessary in a business model and as described by the lay networks website the essential components include encoding, medium of transmission, decoding, and feedback ("The Process of Communication", n.d.). With everyday living, comes communicating with others. Some people are great communicators, some people are horrible communicators and some just need to be pushed a little and learn the ropes of how great communication can be. Communication doesn't just come to us as human beings. We are born knowing we have a voice, but there are things we need to learn along the way to perfect and make ourselves the best we can be. With that being said, there is no stopping to our communication skills. Even as working adults, we are still learning different ways to communicate within our jobs. In this brief paper that will outline all forms of communication and how we use it on an everyday basis, we will be able to educate the reader on the different ways we as students use communication at our workplaces and everyday life. Although we all come from different areas of living and study we will concentrate on the different types of formal and informal communication and how we use it every day...
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...Communication Channels Axia College of University of Phoenix Peter Drucker, a famous management consultant who helped practical foundations of modern business once said, "The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself." This day in age there are so many organizations that are trying to sell the consumer the same product and it gets more and more difficult to let the product sell itself. A company needs to market the product and they need to make sure they reach the right audience. There are more communication tools in marketing today then there were back thirty years ago when it was all television and print advertisements. Cell phones have become one of the most popular items in the world, everyone wants or has one. They have made everyday life easier for many people. The general population has come a long way from only using mobile phones to make calls to friends or family, but to checking e-mail, updating social media, checking scores on the game when there is no television available, or even watching the game when there is no television available. Google and Apple are two companies that have been fighting for the top spot in the cell phone industry. The more amazing part of the battle is that both companies can successfully market their products in order to remain on top and continue to fight each other for that top spot. The big focuses on these companies seems to be in advertising, sales promotions...
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...Communication Channel Scenario MANAGEMENT September- Wednesday 5th, 2011 : Communication Channel Scenario Selecting the proper communication channel is crucial for the best understanding of the message. Because of this error sometimes communication becomes not understandable and also not effective. Sometimes channels differ in their capacity of transmitting pieces of information that is why it is so important to select the right channel. In the First Scenario the best communication channel would be a face-to-face conversation for explaining to the team the details of the product and the strategies to be used to place the new beverage in the global market. We need to gather planning ideas, information from the product and the market. I would also use a face- to- face conversation to explain the strategies to the Vice President of Operations because this channel transmits most information and immediate feedback In my point of view in Scenario II the best choice is a telephone conversation because the IT department is offsite and I have to let them know fast about the expired username and password, even though I think is better if they contact me by e-mail because they need to provide a new username and password, so they need to write it down rather than say them by phone. If I have to tell my employees I will forward the email from the IT department. They can handle it easier than giving them the information by any other means like orally or a bulletin. In...
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...There are many communication channels organizations use to communicate internally and externally. Some of these communication channels work better than others and some need improvement. Some organizations have similar methods and some different. After taking an inventory of the different communication channels in different organizations there are many communication methods available in different organizations. For example there are methods such as, emails, faxing, advertisement, written memos, phone, interpersonal, networking, conferences, or even texting. The different organizations consist of a Home Health Aides, Admissions Director, and Field office Administrator. After surveying the different work environments and their communication channels there are some organizations that use more communication methods than others. When communicating internally as a Home Health Care Aide, emails, phone conversations, text messages, and letters are a source of communication. As a Home Health Aide one mainly has contact with his or her clients and the client’s case managers. One only has to communicate with the case managers if there is a problem with the client, if the client is hospitalized, if there is a change in the clients care, or if problems arise with the family member. Communicating externally would mainly consist of dealings with Medicaid or with the union. The communication channel that is used with Medicaid and the union externally consists of emails and seminars to go over...
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...Communication Channels Dominick Pennella MGT/521 October 18, 2011 Jim Bingel Communication Channels Mediums for communicating information come in many different forms. Different scenarios, involving varying levels of message complexities, requires a dynamic approach to selecting the type of medium used to convey a message or “communication channel.” The proceeding paragraphs will breakdown three separate scenarios and choose which communication channel would best fit the situation: Scenario #1 In this scenario the VP of Operations has tasked me with developing a strategy to introduce a new beverage into the global market, and I only have 1 week to do so. I must also share this plan with my team and convey my message in a clear and concise manner. In this case, I would have to choose face-to-face communication. The main reason behind this choice is that the timeframe and complexity of the message I need to convey can in no way be fulfilled by alternate means, such as e-mail, IM or TM or even a phone conversation. A message of this magnitude must be in person, so that the use of body language and tone of voice can be utilized to convey urgency, motivation, and seriousness. My message also can be incredibly specific as to what my expectations are, by using physical examples, and possibly training my team. Face-to-face communication is the “richest” of communication methods, and will allow me to “convey a verbal message and receive a response in minimal...
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...I work in a health care setting and most of my workplace communication channels are both written verbal and nonverbal communication search as * Email * Face-to-face meeting * telephone * fax * memo * letters * Patients body expressions E-mail is a fast and efficient channel most frequently utilized in my workplace to communicate not only internally but also externally search as getting in touch with doctors, different department heads and keeping every person connected with the organization up-to-date with what is happening in the business. This channel is used because most doctors work off the facility, and emails allow them to respond to any medical issue that is bought to their attention in a timely manner. When sending a medical communication memo or email, computerized communication of words is preferred. It helps to obtain messages throughout the organization more rapidly than sending the message in normal font. Face-to Face meetings are more calm and supportive, this form of communication is very effective because employees are a part of the process. The process entails, collaborating, problem solving, and allowing for clarity and precision on what is discussed in the email about any progression or issues in the business. Latters communication is used to keep the patients informed about their plan of care and any updates of what is to come in the future. Nonverbal communication search as patients body expressions helps to transfer signals...
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...Communication Channel Scenarios Scenario 1 The communication channel that best suits this situation is a team meeting. This is the best choice because as the marketing manager, information can be relayed in a timely fashion and a quick response from the teammates can be received. With the deadline being a week away, it is vital that quick feedback is delivered. Being that the content is rich in information, the face-to-face communication helps to reduce any misunderstanding. If this issue were to arise, it can be resolved immediately. While relaying the strategy plan to the Vice President, a face to face conversation is also necessary. By implementing this communication channel, information can be presented with minimal time and with rapid feedback, additional changes can be made promptly. Scenario 2 To contact the IT department, a phone conversation would be the appropriate form of communication. The reason for this communication is because it is an issue that has a high demand to be resolved quickly. To inform employees, an email with the new login name and password would be sent immediately. Written communication is the best choice for this routine message because it is concrete and can be easily accessed at a later date if needed. Scenario 3 If faced with the issue of reducing the number of employees in order to stay productive, the proper communication to inform workers of the decision is a one-on-one meeting with each employee. Being that the message has high...
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...Communication Channels The communication channel best used for Scenario 1 is a formal small-group wheel network. The reason why this is the best channel is because it allows the leader to act as conduit for the group’s communication and for the team to work in a discussion group environment where information is shared at a lateral level and received to help develop the best strategy, allowing oral and nonverbal communications to be utilized to convey information instantly (Robbins & Judge, 2011). The best communication channel to use to inform the Vice President of Operations is by upward communication thru a presentation. The reason this is the best choice is because the information would be able to be relayed instantly in both oral and written communications. By providing the startgety orally it will allow upper management to provide feedback instantly so that corrections could be made quickly. By providing a written document detailing the stargety it would allow for later referencing to ensure that proper procedures were followed to achieve the objective. In Scenario 2, the best communication channel to contact the IT department is by electronic communication either email or phone. The reason this is the best channel to choose is because it would be the quickest way to obtain the log in information and have it visible on hand to input in the software program requiring the new information. The quickest way to inform the staff of what’s happening...
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...Communication Channels paper October 3, 2011 Paul Wing Communication generally is divided into multiple parts, usually four, the first part being the sender, secondly the message or content itself, thirdly the communication channel it is transmitted over and last but not least the intended receiver. The goal of any communication is for it to be understood in its entirety by the receiver. With this many pieces to the puzzle of communication and the variety of available channels to use the ramifications of a misunderstood message could be detrimental to all parties involved. This in turn can make communication in a health care organization quite complex. For example, an individual can use a hard copy letter, an e-mail; verbal or nonverbal/body language and if multiple channels are combined and used for the sending of the message, interpretation may become more complex and the receiver may need extra time to understand the direction being given unfortunately in a health care setting time can be of the essence. Health care organizations distribute health information and communicate with patients in a variety of ways, both internally and externally. These varieties can be but are not limited to memos, e-mails, letters, telephone, and direct person to person contact. It is important to point out that the different communication channels all have strengths and weaknesses. For example, in a face-to-face scenario a staff member may not speak to a patient the same way they...
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...Communication Channels Team C HCS/320 Health Care Communication Strategies July 02, 2012 Tracey Collins Communication Channels Since the beginning of time man has strived to find ways to communicate. Scientists have spent years trying to decipher what cavemen were trying to say with their drawings on cave walls. In today’s society the numbers of ways to communicate are growing day by day. Years ago, who would have ever thought they could keep up with their favorite actor or professional sports team simply by following them on twitter. Today we have smart phones, iPhones, e-mails, twitter accounts, and talk face-to-face with those in different countries by using Skype on our laptops, computers, and cell phones. In business, technology plays a major role in how communication is achieved. The basis for effective and strategic internal communications is to provide timely and significant information to individuals, through channels they use and trust, and in language they understand. However, new ways of accomplishing this are discovered daily. Various communication channels are being used in health care organizations within the United States. The different communication channels used in medical facilities and other businesses are the Vocera, GroupWise, Walkie Talkies, and talking face-to-face. The Vocera communications system allows mobile workers to communicate instantly with each other, hands free. It decreases phone tag, overhead paging, and the need to physically...
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...Communication Channels for three different Scenarios Marinela Diko MGT/521 November 5, 2012 University of Phoenix Communication Channels for three different Scenarios Humans are entity with higher consciousness and what distinguishes us from entity with the lower consciousness among other things is effective communication in different situations. So deciding the right communication method is a factor key to provide good results between different society groups where the individual is involved. To decide the channel of communication in a business environment is a finesse and skill. Good communication skills are bridge to career success. Scenario I In the first scenario it is necessary interaction between the two communications, Face -to - Face communication and written communication. Oral communication Face -to-Face communication meeting. The right choose of communication in the first part of this scenarios would be a Face-to-Face communication meeting, because we have a big business project ahead and we have to discuss with each other in our team .Oral communication in this case is a speed one , and we don’t have time to lose. Rapid feedback and responses are in minimal time and is the best way to get information and ideas to and from employees. The message is not routine so is needed a rich channel like Face-to-Face meeting, the purpose is very ambitious. The direction of communication in the first part between manager and his team is Downward, because it flows from one level...
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...Communication Channel Scenarios Reginald Ezeh University of Phoenix MGT/521 – Management GA11MBA11 Maria Keller, EMBA November 29, 2011 Scenario One The communication channel I will use to provide the product details to my team, for developing a strategy of introducing the new beverage into the global market will be face-to-face conversations. This method is very high in richness, provides me with immediate feedback, as well as giving my team a personal touch by my presence. This will motivate them to buy into this project, improve their participation. I will be transmitting all the information the team needs for this project without any room for misinterpretation to all at the same time. This channel is straight forward making it routine. In this channel there is no room for information manipulation so as to make information favorable to the recipient. This meeting is also a downward communication, as I am using this to communicate to my team information needed for our beverage project. The information will be provided to the team in such a way not to overload them with data, as this will keep productivity high for this project as we have just one week. To communicate my team’s strategy back to the Vice President of Operations, I will choose the E-mail to do so. It is computer generated and it provides documentation, long time storage, and can be...
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...communication channels Communication Channels How we take care of patients now involves many different individuals and organizations, both internally and externally, and they all need to share patient information amongst one another to properly manage their care. With this, there is a great interest in using information and different communication technologies to support these health services (Coiera, 2006). Some of these communication technologies include: phone, fax, email, and voice. This paper will be taking a look at some of these technologies and they will be compared and contrasted based on some of our health care organizations. Phone, fax, email, and face-to-face communications within a health care organization like Tri-County Mental Health can have its advantages and disadvantages. Communication services can run on different communication devices. Examples of devices include the telephone, fax machine, and personal digital assistant (PDA). Different devices are suited to handle different situations and tasks (Coiera, 2006). Telephones are one of the commonest two-way synchronous channels. It is the nature of synchronous communication that it is interruptive, and these interruptions may have a negative impact on individuals who have high cognitive loads (Coiera, 2006). Messages are structured to achieve a specific task using available resources to suit the needs of the receiver. Informal messages, which have variable structures, include voice and e-mail...
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