Most of these firms are well qualified to support UK and international businesses. As GSM access expands, a potential export market emerges. The UK mobile industry has reached a critical level, a level from where not just technology, but innovation that can maximise employment and applications is much sought after. Some of the major players offer applications such as PC-to-text services to enhance faster and clearer information between managers and their workforce. Many offer features that can support live financial services that let people manage their bank accounts or insurance policies, or to share trades securely from mobile devices.
There are also new features incorporated into mobile phones that help eliminate trading costs, such as the introduction of the creation of new retail channels that removes the reliance on costly outlets and call centres. What is important to see here is that on the one hand, the addition of new features is directly dependent on expanded and new production houses, which invariably leads to more employment, and the other is that it saves the exchequer a lot of revenue (Mike Short, 2005).
Entner et al. (2005) in a survey, suggests that there are over 3.6 million jobs in the United States, of which 2. 5% of them are employed either directly or indirectly in the wireless telecommunications industry. This is likely to gather momentum and boost the national economy and employment opportunities in the coming decade in the United States. In the UK, the effects of the telecommunication revolution are going to have a great impact on the economy. The following are key points that were revealed during a study undertaken to emphasis this: The contribution of the industry to the economy will in probability increase from the registered figure of 22. 0 billion in 2003, to close around
32. 5 billion (2. 5% of GDP) by 2008 and ? 49. 1 billion (3. 0% of GDP) by 2013; a definite improvement and revenue generator to the exchequer. This will have a direct impact on the rise of employment, as there will be a growth from the registered figure of employment of 197,000 in 2003 to 240,700 in 2008 and 252,900 in 2013, an astronomical leap of 30% in employment opportunities. The telecom industry is one of the UK’s most productive sectors with a level over three times the national average.
Productivity growth in this sector is likely to continue to be high, and estimated to reach close to 7. 5% from 2008-13. As a result, by 2013, productivity in the sector is likely to reach nearly four times the national average. Analysing the contribution to national productivity, by 2013 total UK productivity is likely to be between 0. 8% and 4. 7% higher than would have been the case without mobile phones The industry makes a major contribution to public finances; it contributed ? 15. 2 billion in 2003 to an anticipated growth touching ? 31. 8 billion by 2013, double the figure in 10 years (mmo2, 2004, p. 3).
There are also new features incorporated into mobile phones that help eliminate trading costs, such as the introduction of the creation of new retail channels that removes the reliance on costly outlets and call centres. What is important to see here is that on the one hand, the addition of new features is directly dependent on expanded and new production houses, which invariably leads to more employment, and the other is that it saves the exchequer a lot of revenue (Mike Short, 2005).
Entner et al. (2005) in a survey, suggests that there are over 3.6 million jobs in the United States, of which 2. 5% of them are employed either directly or indirectly in the wireless telecommunications industry. This is likely to gather momentum and boost the national economy and employment opportunities in the coming decade in the United States. In the UK, the effects of the telecommunication revolution are going to have a great impact on the economy. The following are key points that were revealed during a study undertaken to emphasis this: The contribution of the industry to the economy will in probability increase from the registered figure of 22. 0 billion in 2003, to close around
32. 5 billion (2. 5% of GDP) by 2008 and ? 49. 1 billion (3. 0% of GDP) by 2013; a definite improvement and revenue generator to the exchequer. This will have a direct impact on the rise of employment, as there will be a growth from the registered figure of employment of 197,000 in 2003 to 240,700 in 2008 and 252,900 in 2013, an astronomical leap of 30% in employment opportunities. The telecom industry is one of the UK’s most productive sectors with a level over three times the national average.
Productivity growth in this sector is likely to continue to be high, and estimated to reach close to 7. 5% from 2008-13. As a result, by 2013, productivity in the sector is likely to reach nearly four times the national average. Analysing the contribution to national productivity, by 2013 total UK productivity is likely to be between 0. 8% and 4. 7% higher than would have been the case without mobile phones The industry makes a major contribution to public finances; it contributed ? 15. 2 billion in 2003 to an anticipated growth touching ? 31. 8 billion by 2013, double the figure in 10 years (mmo2, 2004, p. 3).
Soruce: http://businessays.net
Comments
Post a Comment