What are the ways in which videoconferencing provides value to a business?

Would you consider it smart management? Explain your answer. Esence products provide the highest-quality videoconferencing available on the market to date. Only a handful of companies, such as Cisco, HP, and Polycom, supply these products.

3. What are the ways in which videoconferencing provides value to a business? Would you consider it smart management? Explain your answer.

Ans-2:Yes, I would consider it smart management because in businesses where the company men need to interact and communicate constantly with people from various locations especially foreign, it is a very effective.

It allows for 'better' meetings as well: it's easier to meet with partners, suppliers, subsidiaries, and colleagues from within the office or around the world on a more frequent basis, which in most cases simply cannot be reasonably accomplished through travel. They can also meet with contacts that they wouldn't be able to meet at all without videoconferencing technology. Moreover, videoconferencing makes it possible to reach the customers faster and close the deal quicker.

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4. If you were in charge of a small business, would you choose to implement videoconferencing? What factors would you consider in your decision?

Ans-3:There are some factors which should be considered in making the decision of whether videoconferencing should be implemented. It is important for a company to make sure it really needs the technology to ensure that it will be a profitable investment. Companies should determine how their employees conduct meetings, how they communicate and with what technologies, how much travel they do, and their network's capabilities.

5. One consulting firm has predicted that video and Web conferencing will make business travel extinct. Do you agree? Why or why not?

Ans-4:In my opinion, I would not advocate the idea that videoconferencing will make business travel totally extinct. It is because that, although more employees may be able to work closer to home and balance their work and personal lives more efficiently through videoconferencing and telepresence, there are still plenty of times when face-to-face interaction is more appropriate, and often traveling to meet a client is essential for cultivating clients and finalizing sales.

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