Web Conferencing Its role in strengthening the business Essay

Web Conferencing Its role in strengthening the credit line - Essay ExampleThe discipline for this study was collected and compiled from various literatures like books and journals so that a conclusion could be arrived on advantages and disadvantages of the technology. soft methodology was apply for this study so that literature related to the topic only could be employ throughout the study underlining the topic of this study.The study reveals that net conferencing is more beneficial when compared to its disadvantages in the long run. The appliance completely reduces the costs related to break, food and accommodation of the team members and also saves time that is consumed during travelling facilitating the employees to give out with their team members and participate in the conference from their branch office.The donation paper will provide information to other researchers about the impact of web conferencing on the business organization and their disadvantages and advanta ges. The study is compilation of full number of literatures which are not easy to find and will serve the researchers with good information.The development has take after a long way in terms of communication. Gone are the days when king used to send his messenger to convey message to his counterpart. Then came the government postal service followed by historical invention of telephone which enabled voice based communication minimizing the time and effort on both sides. further development was not meant to be stopped, only through innovation of telephone, the world wanted more. Internet created a revolution in the world providing effective communication through email and online chatting. Businesses compete in this competitory world of business on the basis of effective communication. Most of the organizations bring on gone global sidewalk the way for globalization. In view of this, multinational companies opt for better and effective communication regarding the performance of b usiness which was possible through email, online chatting, etc. But, there are times, when the organization wants to communicate through all its managers rigid at different locations, make some presentation, management briefing, etc., where email and chat tools look inefficient and web conferencing offers which other communication tool dont offer. David Geer (2005, p.14) states that web conferencing reduces the time for making decisions and according to the In-Stat/MDR statistics, web conferencing services have increased by 70% i.e $765 million from $450 million between the years 2002 and 2004 and was expected to reach $1.5 million by the year 2007. Therefore the present paper is aimed at the importance of web conferencing in the present global scenario in regards to business and to identify its advantages and disadvantages. Web Conferencing - What, Why and HowAccording to IEEE (2010) web conferencing is a technology that allows duplex witnessing with participants for effective communication with each other, live over the internet. Web conference requires people to meet in a dedicated online conference center which has the facility to share audio, video and files in concrete time. It facilitates an individual or group of people scattered from different places to communicate and accomplish common goals without travel expenses or technical hurdles. The technology which is the product of Web 2.0 offers variant support and facilities with regard to communication strategy. In general, web conferencing facilitates elimination of expensive and time consuming business travels sharing video, audio, viewing