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 scotchs and marketing incision created a reveal for sh atomic number 18holders to examine the economical and business impact of implementing a piano tuner firmness for on-line bill payment. The purpose of the account 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 peck and on-line bill paying persistence, Skytel and commencement exercise Union. The paper examines the matched, market, operational, economic affects on tote up and demand, as closely as conditions of the novel economy. It focuses on the financial aspect of electronic minutes and other(a) types of e-bill payments. First Union standardised other companies trying to hard cash in the electronic world are all go some form of wireless run to better dress the consumers. After a the paper identifies major competitors, it desc ribes market and statistical distribution transactions, explains the significance of product inputs, and identifies economic factors that whitethorn influence supply or demand, resulting pricing strategy, and the effect of the new economy. The final partitioning 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 find con testation (Evens and Leder, 1999). Most comp! anies determine prices based on their production costs, consumer demand, and industry competition (Evens and Leder, 1999). Background SkyTel Corporation is a wholly owned subsidiary company of WorldCom, which provides traditional paging, text messaging, interactive two-way messaging and wireless telemetry services to more than 1.8 one million million customers, including more than 105,000 corporate accounts. SkyTel offers SkyPager numerical paging, SkyWriter interactive two-way messaging, confident(p) wireless email solutions like SkyTel Mobile Mail... If you want to demoralise a full essay, array it on our website: OrderCustomPaper.com

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