What are Conference Calls?
In the corporate world, there are actually two different meanings attached to the term conference calls. One addresses the technological aspects, while the other is more concerned with financial matters. Both definitions of conference calls are very important when trying to conduct business over vast distances. The first definition of conference calls should be very familiar to those who spend at least part of their day attending business meetings. Before the advent of modern telecommunications, if an executive from New York wanted to discuss a new project with engineers in California and salesmen in Chicago, he or she would have to book a meeting room, pay for room and board, arrange for travel and hold marathon work sessions for maximum benefit. As long-distance communications improved, the concept of conference calls became more and more appealing. Instead of physically meeting in one location, executives can now discuss company plans through conference calls. A group of engineers i
Have you ever found yourself in the situation where you are hanging up the phone with one family member or friend, simply to call another family member or friend to talk about the same stuff? If these calls are long distance, they can end up costing you a fortune. Enter conference calling. Conference calls allow users to talk to multiple parties across the same phone line. That is to say that a family of five spread out across the country can all connect to one-another at the same time, and engage in a family conversation like they were all sitting in the family room together. This can save families and friends a great deal of money and time to be used elsewhere. Conference calling, however, never really took off as a personal use device. Its main application came as a business tool, through which dispersed members of an organization could hold tele-meetings from multiple points across the globe. This not only saves the business a great deal of time and money regarding the cost of mult