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What else can I help you with?
Is video conference a cost saver?
Video conferencing can be quite cheap since programs such as Skype are free for internet video conferencing. IF you need to conference with more than a few people, however, it may be more difficult with such a program
What are the cost of common video conferencing systems and the recurring costs their use incurs?
Stop trying to answer the assignment from your Discovering Computers textbook by using other people on the internet. It's not even one of the hard questions. Google, Amazon, or Ebay some of the popular video conferencing systems and list price ranges. Ask yourself what some of the recurring costs of video conferencing could include and look up prices for those as well.
Disadvantages of using Video Conferencing?
1. cost of setup and maintaining of equipment and services 2. lack of human touch 3. synchronising meeting times
What are the most used mobile video conferencing services?
The technology of video conferencing allows users in different locations to hold face-to-face meetings in real-time at extremely low or no cost. Video conferencing technology can be used for a variety of applications, including company meetings, job training sessions, and board meetings. Businesses can benefit from video conferencing in a number of ways. It helps team members feel more connected, especially those who work outside the office. As remote work has increased in many organizations, this is becoming increasingly important. By using HD video conferencing, employees can see their colleagues face-to-face instead of just listening to a conference call or sending emails back and forth. It is especially valuable for remote workers to have that face time. Business relationships can also be improved through video conferencing. When a meeting is needed with a customer or client, traveling isn't always practical. Video conferencing services let you share presentations and answer questions essentially face to face, just as if you were in their office. Connecting in this manner can help you build and strengthen relationships with your clients. Video conferencing service also allows businesses to hire more remote employees from around the world. I hope this response to your query is useful.
Video Conferencing in the New Economy?
Video conferencing is an excellent way to save money on business traveling expenses. There are many meetings that can be conducted this way. Company executives are using this method to perform a number of long distance meetings. For example, departments that have people in various locations in the U.S. or abroad can get together this way. Video conferencing is a good way to communicate. Each participant can see and hear the responses of the other. Email communication does not offer this benefit. Thus, the meaning of communication can be misconstrued in the wrong way. Human resource professionals are also using video conferencing to conduct interviews. In cases of international hiring, it can definitely be more cost effective to conduct initial interviews by video conferencing. Once the candidates have been narrowed down, the company can interview one on one. But this method saves the company an enormous amount of money and time. People that are being laid off or fired are experiencing this method. Video conferencing is becoming a popular way to conduct international lay offs. Companies are finding that terminations via video conferencing is cost effective. It is too expensive in this economic climate to fly the person in for termination. This method is being criticized by many, but video conferencing is more appropriate than an email termination. Many companies are adopting this policy. Additionally, businesses are using video conferencing to conduct training. Traditionally, companies will fly people in from all over the place. Travel expenses can add up to quite a fortune. Human resource departments and executives are finding that many training sessions can be conducted via video conferencing. In occlusion, technological advancements are making it possible to save money in many areas. Video conferencing is a good and cost effective way to conduct many business transaction. The face to face meeting can not be replaced, but there are many cases when this technology makes more business sense. Company executives and human resource professionals have to continue to work together to work out the appropriate times to use this technology. It should not replace all personal meetings; it can merely supplement some interactions. The economic downturn is causing many companies that frowned on this procedure to consider this for their own organizations.
How does telecommunications cost management work?
Telecommunications deals with the sending of any type of information a long distance. This could be a phone service, the internet, video conferencing, and much more. The cost management portion refers to the cost of the equipment needed for telecommunications.
How Business Video Conferencing Will Save You Money?
The rising cost of fuel around the world is having an effect on the ability of smaller companies to do business. The days of the expense report and hoping on a plane to meet a client are slowly coming to an end as business video conferencing is beginning to take over. But how does video conferencing save you money while helping you to gain clients? When you understand the benefits of video conferencing, you will wonder how the business world ever lived without it.Travel ExpensesThe most obvious way that business video conferencing saves you money is in the tremendous savings in business travel expenses. Small business owners take some aspects of travel for granted, but even small expenses can begin to add up.When you use business video conferencing there is no need to book flights to the customer site, the hotel expense is not necessary and the expense of meals disappear. You no longer need to pay for a rental car or a taxi, there is not the added expense of sending signed documents overnight to a hotel and customer entertainment expenses are reduced or eliminated.Some small business owners try to say that they save money by driving to customer sites for meetings. Driving extensive distances to save money on plane tickets does not eliminate the cost of fuel for your car and the repairs that come about due to the wear and tear on the vehicle. Even if you drive you still need a place to stay and you need to eat.Response TimeThe use of business video conferencing has added an element to business that many people did not expect. In the days before video conferencing, the ability to get on a plane and make it to the client site the next day was considered a fast response time. With video conferencing, you can be meeting face to face with a new client almost instantly to present your information.Business video conferencing also allows you to improve your customer support which can lead to higher repeat revenues. Instead of having your clients struggle with your technicians over the phone to figure out technical issues, your technicians can now show your clients how to fix something by using video conferencing. The process allows you to improve customer service without spending any extra money.Business video conferencing can change the way that your company communicates with existing customers and prospects. It can save you money on travel expenses and it improves your company�s response time to customers� needs. Video conferencing is a financial benefit to any small business that uses it.
Who makes the best web conferencing software?
GoToMeeting offers very good web conferencing software. They are pretty much the standard in the industry due to cost and reliability.
Business Cost Reductions Through Video Conferencing?
Given the current state of the economy, many businesses are looking for ways to reduce costs without adversely affecting their service capabilities or their operational effectiveness. When faced with such a task, companies often look to the inherent benefits afforded to them from video conferencing. Whether it’s the multinational corporation with offices around the world and with employees in different time zones, or the company that wants to reduce travel costs but still remain within reach of their customers, there are a number of inherent benefits from video conferencing that allow businesses to do both and more. Video conferencing not only saves on travel costs, but also helps companies become more efficient by being able to work on time critical projects and effect immediate changes. Business success today is measured by speed. Being able to reduce a company’s day to day operating costs while improving efficiency and eliminating redundant work process, is possible. With video conferencing it’s quickly becoming a reality. It amounts to speeding up the time it takes to make decisions. In order to better explain its benefits, here are some additional points to consider.Video Conferencing Improves Customer ROI (Return on Investment)Every company wants to reduce travel expenses but still benefit from face time with customers. Well, it’s a possibility with video conferencing. In fact, video conferencing not only reduces travel costs, but drastically reduces the incidence of customer being unable to meet because of emergencies. Being out of the office is a direct cost to the company. The hope is that these visits will provide solid returns in additional sales. However, when sales executives travel to visit customers and are unable to meet because of issues beyond the customer’s control, it’s quickly classified as a complete loss. It’s a loss measured by the cost of the plane ticket, the hotel and the time away from the office.Video Conferencing Allows for Remote Desktop ManagementThe benefit of video conferencing is that it allows everyone to become active participants in corporate presentations and meetings. Being able to view the changes as they occur is a direct savings in time and in operational effectiveness. Whether it’s conversing with customers, or going over corporate budgets and strategic planning initiatives, video conferencing allows everyone to become actively involved.Video conferencing is lending itself well to today’s constantly changing business environment. Shortening the time it takes to meet with customers and close deals is one benefit. Other benefits include shortening the time needed to make decisions and improving on a company’s ability to work internally.
What are the characteristics of conferencing?
Conferencing is cost-efficient, simple to set-up, and extremely user-friendly, Capable of being used for countless needs, conferencing can broaden the scope of your business's reach by eliminating the need for business travel and the associated expenses, businesses of all sizes stand to gain many benefits from employing an conferencing solutions.
Is it possible for a person to incur an opportunity cost without spending any money?
yes, offcourse, why not, absolutely, definitely, reasonably yes
What is the benefit of audio conferencing services?
Benefit number one is simple: cost efficiency. Audio conferencing services enable meetings for people that can be placed all over the world and can be held at any time, without any travel cost or time spent waiting.
