Wednesday 20 July 2011

Topic: Effects of competition in the Telecoms Industry.

By: Solomon Ojeagbase


ABSTRACT:
Telecommunications using a comprehensive framework, I examine the impact of competition in the telecommunications sector. Privatization contributed substantially to labour shedding, output growth, network expansion, and improvements in labor productivity as well as total factor productivity. But how countries privatized is important. Share issue privatization facilitated the development of the mobile market segment. Granting a newly privatized operator a period of exclusive market access, on the other hand, reduced the gains from privatization (due to the output-restricting tendency associated with market power) but not entirely negated the gains.

The presence of competitive pressure in the market was associated with more employment, higher output, faster network expansion, and higher labor and total factor productivity. We find evidence of complementarity between privatization and competition in that competition increased the gains from privatization and vice versa. Estimates show that half of the output growth between 1990 and 1998 was attributable to privatization and competition after controlling for input growth. Competition appeared to have a larger impact on labor and total factor productivity than privatization.

INTRODUCTION:
EFFECTS OF COMPETITION IN TELECOMMUNICATION INDUSTRY

Telecommunication can be defined as the branch of electrical engineering concerned with the technology of electronic communication at a distance, subsequently Telecommunication can also be defined as the system used in transmitting messages over a distance electronically.

Tuesday 19 July 2011

Football just keeps getting better.



He was substituded after coming in 3 minutes before taking the penalty. I for one don't think he should have been penalised.

Tuesday 12 July 2011

LeBron James at the mall in Orlando

Why don't we appreciate what we have. We do not recognise our own but we fantasise about celebrities abroad who care  less about us. Just as a prophet is not appreciated in his country so is a Nigerian celebrity who we go all the way just to buy their movies or albums.
This might not be the fault of the passers by as some of them at some point or the other would have been embarassed by these celebrities, we feel too highly of ourselves and see how lowly it has gotten us. This is just food for for thought. Treat others how you want to be treated.

Friday 8 July 2011

Topic: Describe a magazine/ book publication process.

By: Solomon Ojeagbase

There are various processes in publishing a magazine/book if it’s a book for academia, entertainment, financial, infotainment or sports. A magazine/book is generally supposed to share information or enlighten people on issues which are public knowledge or to bring something to the fore. Take for example a story about a teacher who knows very well firsthand how to communicate a topic to her students; a book about this individual will bring the awareness of people to the person in question. That is why we have to be conscious about what we write because once it is written there’s no going back.
We have about ten processes involved and first on the list is research. In research the publisher has to do a thorough evaluation of other magazines/books already in circulation in same genre as his/hers, and map out a plan to outwit them. Also he/she has to evaluate the strengths and weaknesses of this other rival publications, in doing this the publisher would have to carefully read the magazines from cover to cover to be able to adequately sift out the flaws. This enables the publisher the convenience to bolster the strengths of his/her own publication.
Given the fact that the publisher is doing a synopsis of other magazine/book from his/her genre, he/she may also want to sketch out his/her target audience and age group; this could mean the people you intend to buy – read your magazine/book. In this case we may be looking at the youth cadre which is from eighteen years to thirty five years or the older cadre which is from 40 year and above. All this information is what will be in the market penetration strategy under research.
Secondly, consider your options and costs. In publishing cost is very important hence you have to consider 

Note:

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