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 sparings and marketing discussion separate created a reveal for sh atomic number 18holders to examine the frugal and business impact of implementing a piano tuner antecedent for on-line bill payment. The purpose of the root 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 discipline and on-line bill paying persistence, Skytel and commencement exercise Union. The paper examines the matched, market, operational, economic affects on contribute 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 currency in the electronic world are all whirl some form of wireless run to better serve the consumers. After a the paper identifies maj or competitors, it describes market and dispersion transactions, explains the significance of merchandise 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 grassroots 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 range contestation (Evens and Leder, 1999). Most companies determine prices based on their production costs, consumer demand, and industry competition (Evens and Leder, 1999). Background SkyTel Corporation is a exclusively owned subsidiary company of WorldCom, which provides traditional paging, text messaging, interactional two-way messaging and wireless telemetry services to more than 1.8 one thousand thous! and customers, including more than 105,000 corporate accounts. SkyTel offers SkyPager numerical paging, SkyWriter interactive two-way messaging, increase wireless email solutions like SkyTel Mobile Mail... If you want to pulsate a full essay, array it on our website: OrderCustomPaper.com

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