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1 what are the dominant economic characteristics of the voip industry

Cell phones are attractive targets that are small, expensive, and useful. Today there are approximately 162 million mobile-phone users in United States alone. With the list of features and data applications available on mobile phones, which is continuing to grow and emerge; cell phones are not only a luxury but also necessity.

Cell phone users use cell phones for more than just talking; the mobile services consumer wireless usage study found that 56 percent of customers used their cell phones as cameras, clocks, calendars, music players, and other non-talk functions. Also, most cell phone owners are between the ages of 18 to 34.

1 what are the dominant economic characteristics of the voip industry

There are numerous complaints about low quality service in the industry due to the competition between companies. By lowering costs for the services, the company will lose profits and reduce their shares. Customers today, typically complain about the high cost for the services of having to stay on a contract for a long time and paying an early cancellation fee. Also, with low service line, customers rather pay higher price for better services such as receptions.

Cell phone companies know that consumers dislike mobile-phone services. In fact, mobile phone services were the second lowest-ranked industry. Mobile companies were also the number two sector in complaints in 2005. Consumers complain frequently about dropped calls, lousy customer service and exorbitant penalties from exiting a contract.

A new option in cell phone usage has come into being, which lets subscribers keep their old numbers when switching carriers. The fees for switching to a new cell phone company that provides lower rates and better services discouraged 36 percent of cell phone customers from switching. The fees inhibit competition in the cell phone industry.

Customers are well aware of the early termination fees as penalties rather than rates.

Technology and innovation are advanced every year making the industry even more competitive. Cell phone companies that design and make evolutionary upgrades are emerging into the market to be more competitive. Here are some new technology and innovations on cell phones: Unlicensed Mobile Access UMA will help those who have high-speed Wi-Fi routers overcome poor reception coverage in their houses or apartments.

This is also a way for mobile carriers to expand without spending a lot of money on new infrastructure. It enables lots of users who use handsets to wirelessly download content at broadband speeds while traveling. Cell phone tour guides: Provides buyers with guides of places they want to see. The technology is meant to be more vivid and more exciting than books or live tours.

  1. Also, most cell phone owners are between the ages of 18 to 34. Companies require capital to create products that attracts consumers and for total assets and revenues to enlist other products and services that are featured with cell phones.
  2. The company claims to have 20,000 users since they are launching their service in January.
  3. Telecommunications competition by taking into account the characteristics of the industry involved and of dominant players also means that the. The south african telecoms innovation system and the diffusion of telecoms industry.

Some in the industry believe that this new technology saves time and money. Also, not all mobile-phone tour services charge a fee for using the service. Motorola iTunes phone is basically a hundred-song iPod shuffle built into it.

This is killing the iPod mini because it is a value-added upgrade in which you get both the cell phone and songs together. Near Field Communication NFC technology lets wireless devices connect to other devices nearby and transfer data, which ranges from payment information to digital pictures. Building cell phones with embedded NFC chips could double when used as debit cards or electronic IDs.

For example, in Japan and Korea, users can charge their phones with virtual cash; by waving their cell phones near an NFC-enabled machine to buy anything from a soda to lunch. This means NFC devices from different manufacturers must be interoperable and integrated to work with the credit card infrastructure and also, it requires working with Visa to encourage support of the new technology. A new launch for SkypeIn and Skype Voicemail are built by the same company, which makes the Skype software, and it allows internet users call one another for free anywhere in the world.

With SkypeIn built into the latest version of software, it allows users to get regular phone numbers and can receive calls from landline or mobile phones without having to pay roaming charges. Users can purchase up to three numbers in their home country. Skype Voicemail allows users receive voicemail message for up to ten minutes from any user or traditional phone. These two technologies enhance the basic free Skype and gives friends, family, and colleagues not connected to the internet an inexpensive and convenient way to contact each other in their global base.

It mainly targets travelers, immigrants, and students from overseas. Using Mino, consumers should have services from Cingular, Nextel or T-Mobile, a data plan, and an up-to-date phone that can run Java. The company claims to have 20,000 users since they are launching their service in January.

VOIP can be implemented but the common concern about implementing VOIP is voice quality and the ability to provide value-added services such as voice mail. In the cell phone industry, the products and services are highly standardized. In the past, the products differentiated in cell phones and services.

Today, with more technology enhancement, the products in different companies are essentially similar. Since this is a cell phone industry, there is a maximum amount of products and services that consumers can choose from. Yet, consumers do not want to purchase cell phones at a higher price value unless the companies are able to make it attractive.

The key factor consumers consider when choosing a device is their context. Nowadays camera phones are the rage in markets all around the globe because consumers are attracted to the convenience of having an imaging device with them at all times.

The business model is focused on users displaying and sending images wirelessly. As advanced 3G networks are implemented in the coming years, the advance higher resolution camera phones will likewise become very popular.

There are three critical pieces to this type of phone: The device phone The application picture taking The network 3G The introduction of 3G network will accelerate the adoption of the camera phones.

  • Cell phone tour guides;
  • Some in the industry believe that this new technology saves time and money;
  • What are the dominant business and economic characteristics of the global motorcycle industry;
  • The dominant economic characteristics of the air travel industry pages 10 words 6,348 view full essay more essays like this;
  • Nowadays, cell phone manufacturers are producing different phones that fit different needs; and also, service providers have different plans for customers to choose from;
  • Here are some new technology and innovations on cell phones:

Because the timing is right for digital imaging to become part of the cell phone industry, especially in new cell phones and new networks. Camera phones would not work with older phones and 1 what are the dominant economic characteristics of the voip industry, because there are small monochrome displays and little storage, and the speed to transmit a digital photo would take a long time.

Just as important is improvement to camera phones, new advanced third generation wireless network 3G will enable the cost effective transmission of these higher-resolution images. Purpose of migrating to 3G is to enable users to spend more time using their multimedia phones every day by enjoying the world and keeping in touch with their friends and families.

Here are characteristics of the 3G network on cell phones: The 3G networks are able to transmit at 380 K bps. There is also improvements on the image to 330,000 pixels Internal storage grew so consumers could store a dozen photos on their phone This means better pictures, better experience, and consumers bought them — by tens of millions of cell phones around the world. Consumers do not have to pay extra for the camera features; they will get the camera as part of the phone.

Although camera phones are great to take pictures, consumers use them as wallpaper and screensavers instead of printing. This is how consumers change the way they interact with digital technology. Today, camera phones are so popular that every cell phone company or provider offers them. Features on all cell phones are similar. If consumers were to just buy cell phones for their features, consumers can find a similar phone in other companies as well. This makes the industry very competitive which drives companies to lower product cost and service cost in order to bring large volumes of consumers.

Although camera phones are very popular, one factor that makes consumers dissatisfied is the picture quality, which is limited when these images are printed or sent: Vast majority of users use high-resolution camera in addition to their camera phones.

Cell phones are programmed allowing users to download applications onto their cell phones. Most applications are large, between 40 KB to 550KB, and with applications ever growing-in-size and very-more-appealing, better multimedia and larger memory in the phones, and better network capabilities for economic high-speed data access. Video Streaming is when videos are sent over a wireless network to a cell phone.

The Video streaming with 3G helps in ways that is usable and cost effective by the consumer, and economical viable for the wireless operator.

Internet Access via PC Card: Wireless PC Cards in smaller form will be produced for handhelds. IT wants access through the internet at the fastest data rates possible, and at the lowest costs.

Operator wireless also wants to keep consumers happy with internet access which will maximize revenues and reduce their costs. Here are some new cell phone models currently in market today: Motorola Razr is the latest fashion cell phone of 2006. It is a flip clamshell design, quad band cellular plus standard features in most GSM cell phones. There are two types of economies of scale pertaining to the cell phone industry.

They are the internal and external economies. Internal Internal economies of scale are economies made within a company as a result of mass production.

  • Read this essay on it242 voip case study 1 what are the dominant economic characteristics of the the chances for profitability in the voip industry;
  • Nowadays camera phones are the rage in markets all around the globe because consumers are attracted to the convenience of having an imaging device with them at all times;
  • There are more options that buyers can choose from, whether it be the actual phone itself or the service plan.

So as a company produces more and more products and services to consumers, the average cost begins to fall so the companies should focus on the following six factors: This includes spending a large amount of money on capital to start the company. This in turns helps to complete specific tasks and improve the company to better service consumers. Companies resorts to marketing in hope of attracting more consumers to try their products and to generate higher profits and revenue.

  • An analysis of starbucks as a company and an international business corporation even through hard economic times by looking at the industry and company the dominant economic characteristics of the industry environment have to be;
  • Since this is a cell phone industry, there is a maximum amount of products and services that consumers can choose from.

Research and development economies: External The external economies are made outside of the company as a result of its location. Cell phone companies have licensed franchises that operate to sell products and services to consumers.

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They have a network that connects them to manufacturers, service carriers, and main corporate officer that is the backbone of the stores and products it sells. The cell phone companies works closely with service carriers to provide phone service such as clear phone calls, not lost calls, and good receptions. The companies work and communicate directly with manufacturers reputable for the new phones enhancement, upgrades, and features.

The major complaint found in the cell phone industry was cost and services. So to improve their service, the company has increased the training for customer service employees to 10 days a year, and introduced a new plan to address common complaints; also tied executive compensation to customer satisfaction.

There are more options that buyers can choose from, whether it be the actual phone itself or the service plan. Companies are now giving customers a series of contract terms and costs as well as giving them a sample of how their first bill will look like so they understand the contract before signing it. Service carrier is a very important factor to maintaining consumer satisfaction and to keep consumers.