Telecommunications
Microeconomics

On the microeconomic scale, companies have used telecommunications to help build global business empires. This is self-evident in the case of online retailer Amazon.com but, according to academic Edward Lenert, even the conventional retailer Walmart has benefited from better telecommunication infrastructure compared to its competitors. In cities throughout the world, home owners use their telephones to order and arrange a variety of home services ranging from pizza deliveries to electricians. Even relatively poor communities have been noted to use telecommunication to their advantage. In Bangladesh 's Narsingdi District, isolated villagers use cellular phones to speak directly to wholesalers and arrange a better price for their goods. In Côte d'Ivoire, coffee growers share mobile phones to follow hourly variations in coffee prices and sell at the best price.
startend:end_checker