Sirius XM Radio

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Business Finance

Description

Week 8: Assignments

  • Major Project

    Submit 2,000-word written case analysis of Case #4 "Sirius XM" in accordance with principles of written case analysis as outlined in instructional document "Guide to Case Analysis"; be sure to follow the rubric found below. Upload major project paper on Bb through Safe Assign. Word count does not include charts, graphs, or supporting appendices.
    Case analysis rubricAs a standard format for you to use, let me suggest the following steps to perform when evaluating a case:
    1. Problem Statement - Defining the issue(s) and establish the all the pertinent facts in the case
    2. Determine the Root Cause(s) of the Problem-How it arose, how it got to this point. This is where the analysis starts.
    3. Generating alternative solutions: what might be some ways to resolve the problems identified? Propose some alternative solutions and analyzing and evaluate these alternatives.
    4. Identify the choice – which solution best solves the problem and why (provide some rationale).
    5. Develop an action plan to /implement your proposed solution: what will it look like to implement the solution, and what steps should be taken?
    Due Saturday by 11:59 PM.

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Explanation & Answer

Hey buddy, I have completed your work and I have attached word file here.If you need any clarification please contact me, you are always welcome. 😊

The Sirius XM Satellite Radio is an American radio company that provides three satellite radio
and online radio services operating in the United States. They are, Sirius Satellite Radio, XM
Satellite Radio, and Sirius XM Radio. Pay-for-service radio, analogous to the business model for
best cable television are the business model of them that they provide. They could able to presented
music channels without advertising, while its conversation channels, some of them are, Howard
Stern's Howard 100 and Howard 101 & Jim Norton & Sam Roberts Faction talk 103, carry
commercials. Because all channels are allowed from. FCC contented regulation, songs are played
complete for language; talk programs may also feature understandable content if they wish. Sirius
XM Satellite Radio is a support service. that structures a larger variation of programming than
traditional radio, as well as richer response.
The radio industry has been developing over the course of time with the frequent expansion of
technology. The majority of persons were listing to old FM and AM radio stations. before use the
.

satellite radio. Due to the technology developing, traditional radio station has to face some treats.
Satellite radio, internet radio, podcasts, and portable mp3 devices as the result of the technology.
These radio stations had to familiarize with the periods and formed. to suggestion altered methods
of attending to their content. Now a days the young generation is consuming iPods and other
handy mp3 players. by way of a music source. Customers are like to spend a small price. in order
to have the options of a selection of specific, marketable less stations. This particular resource can
be occasional. but like the other resource persons have other choices for listening such as internet
radio and downloadable. content such as podcasts. Due to rules it may be expensive to reproduce.
The partnership were the third resource of these companies. The ability to make partnerships. with
many businesses in diverse businesses to trade and encourage their products was valued to satellite
radio. However the XM Satellite Radio and Sirius Satellite Radio were the only direct competitors.
in the satellite world. Sirius was besting greatly faster. than XM. Industry and Company Analysis
Sirius and XM shared almost similar missions and goals. It was almost as if they were exactly. the
same. The persistence was to “achievement satellite radio program. expertise and create a general
radio network to compete together. with old AM and FM radio stations”. The strategy of both
companies was to pay a contribution based business model. The objectives were to improve a
subscriber base, market this new concept, have attractive programming, partner with vehicle
industrialists, and sell ...


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