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Virtual Meeting

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Question1:
One consulting firm has predicted that video and Web conferencing will make business travel extinct. Do you agree? Why or Why not?

Answer:
Yes, I do agree with the statement that Video and Web conferencing will make business travel extinct. Many business organizations have to travel for their business purpose. The expenses incurred by business travel have been steadily rising in resent year due to increasing energy cost. In an effort to reduce travel expenses many companies, both large and small, are using video conferencing and Web conferencing technologies. Video conferencing is now growing at an annual rate of 30 percent.
Since business organization are moving on to Video conference and Web conference for reducing their travel expenses so we can say that Video conference and Web conference will make business travel extinct.

Question2:
What is the distinction between video conferencing and telepresence?

Answer:
There are some distinction between video conferencing and telepresence. Videoconferencing uses low technology but telepresence uses higher technology. Videoconferencing’s performance quality is low but telepresence performance quality is very high. Videoconferencing installation cost is not much expensive but telepresence installation cost is very much expensive. Big and small both organizations use Videoconferencing but only big organization can use telepresence because of its high expense.

Question3:
What are the ways in which videoconferencing provides value to a business? Would you consider it smart management? Explain your answer.

Answer:
The ways in which videoconferencing provides value to a business is saving the cost and time. Videoconferencing can be more direct that communicating through email, letter immediately. However, if the business required a lot of customer, I would consider it smart management to utilize videoconferencing, staff training, and product demonstrations.

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