At the request of the Board of Director's, the economics' and marketing department created a report for shareholders to examine the economic and business impact of

Introduction At the request of the Board of Directors, the economicals and marketing plane naval division created a reveal for sh atomic number 18holders to examine the economic and business impact of implementing a piano tuner resolution for on-line bill payment. The purpose of the reputation illustrates emulous issues and economic assessments that ultimately affect profits. It does this by examining the practices of two major(ip) players within the receiving placed and on-line bill paying persistence, Skytel and commencement exercise Union. The paper examines the matched, market, operational, economic affects on add up and demand, as closely as conditions of the novel economy. It focuses on the financial aspect of electronic proceedings and other(a) types of e-bill payments. First Union standardised other companies trying to cash in the electronic world are all go some form of wireless run to better process the consumers. After a the paper identifies major competitors, it describes market and dissemination transactions, explains the significance of intersection inputs, and identifies economic factors that whitethorn influence supply or demand, resulting pricing strategy, and the effect of the new economy. The final section concludes the paper. Wireless Competition Introduction Nobel laureate Joseph Stiglitz writes, The presentation of the radical competitive model has long been the standard fare of the principles of microeconomics. No educatee can understand modern economics without a careful understanding of this basic model.

Market forces shape industries and enjoin contestation (Evens and Leder, 1999). Most companies determine pri ces based on their production costs, consume! r demand, and industry competition (Evens and Leder, 1999). Background SkyTel Corporation is a all owned subsidiary company of WorldCom, which provides traditional paging, text messaging, interactional two-way messaging and wireless telemetry services to more than 1.8 trillion customers, including more than 105,000 corporate accounts. SkyTel offers SkyPager numerical paging, SkyWriter interactive two-way messaging, addition wireless email solutions like SkyTel Mobile Mail... If you want to incur a full essay, array it on our website: OrderEssay.net

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