What are conference calls?

In the business world, two different meanings are associated with the term Conference calls . One deals with technological aspects, while the other is more concerned with financial matters. Both definitions of conference calls are very important when they try to do business over long distances. Before the advent of modern telecommunications, if a powerful worker from New York wanted to discuss a new project with engineers in California and Chicago salesmen, would have to book a meeting room, pay for room and start, ensure travel and organize a marathon work for maximum advantage. As long distance communication improved, the concept of conference calls has become increasingly attractive.

Instead of a physical meeting in one place, management can now discuss the company's plans through the Calls conference. A group of engineers in California can participate in a multi -component call with the managers in New York via a specialConference phone with speaker. These types of conference calls can save the company literally thousands of dollars in travel costs and time lost during transport. Modern conference calls can even include video links as well as e-mail communications and real-time fax transmission.

The second definition of conference calls arose from the world of finance. One of the most important times of the fiscal year is a quarterly or annual notice of stock performance. This information is usually considered so sensitive that only the selected number of representatives of the company can deliver it to shareholders. In order to release this information, most publicly traded companies use conference calls.

shareholders and any other interstrans may receive a written notice of upcoming conference calls or this information may be publishedEstablished on the Internet. For example, the CEO of Microsoft may announce a conference call in 22 September 2005 at 14:00 PDT. At that time, Microsoft shareholders and employees may allow an official profit statement and loss during the conference call. However, conference calls are not the same as shareholder meetings. They are often very straight and one -sided. Any analysis of information published during calls with financial conferences is usually done after reality. On any day, hundreds of these conference calls can be placed around the world.