Hotelling The Wave of the Future :: GCSE Business Marketing Coursework

Hotelling The Wave of the FutureThroughout the years engineering has made huge impacts on the way business conducts itself. From the internet and prison cellular technology to laptops, communication has become accessible wherever one qualification be. Those who kick in benefited near from much(prenominal) technology are those who spend most of their time out of the sureness. However, the question is this If technology enables employees to communicate and accomplish the tasks prerequisite to complete ones work outside the workplace, then why arent corporations jumping at the idea? Corporations are always facial expression at ways to condense costs. Having an employee work from home reduces office overhead. Corporations shoot to attain a level of culture that can only be absorbed when working at the business place. So how can corporations cut office overhead costs while trying to maintain growth, tuition sharing and a level of culture? Is it possible to implement such system? Accountants, who are not known for their ingenious technological creations, have contri excepted to technology by implementing a system where schooling sharing is heighten and station is utilized more efficiently. For the most part hotelling is more of a cost saving technique than a technological advance. However, the technology used, ensures that information sharing is not reduced or lost due to space utilization. Hotelling may be the new wave of the future, however communicating this to employees may be more difficult than anticipated because of some of the social elements that go out be disrupted by positioning the new system. Hotelling does have its downfalls, but the benefits certainly exceed the costs for any organization willing to install such a system. With the increase of communication devices such as intranets, cell phones, laptops, modems, emails, and voicemails, accountants have more mobility as to where they can do their work. This is extremely sk illful to those accountants who spend most of their time at the clients workplace. most(prenominal) of their larger clients populate the business district core of major cities. Therefore, for most invoice practices, it is logical to have their main offices also situated in the business district core. The big issue revolving the practice is the fact that being situated downtown gets extremely expensive, especially for a line of business where the employees occupy the office less than half of the time.