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Example) Large companies such as Morgan Stanley have offices in virtually every state, and even in other countries. And because of the large area that they cover, making time available for face-to-face communication would not only be expensive, but also impractical. Each member of upper management would need to be flown to one location, and depending on the length of travel time, lodging may also become an expensive addition to calling a meeting...
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Each member of upper management would need to be flown to one location, and depending on the length of travel time, lodging may also become an expensive addition to calling a meeting. An inexpensive alternative that has in the past decade has become a mainstay in mainstream corporate America is teleconferencing...
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General points of the essay
How Do Private Capital Flows Assist Companies In Developing Countries
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