ABSTRACT
Electronic meetings, convened across a nation or around the world, can be beneficial as well as cost effective. Everyday hundreds of teleconferences are held in different sites and thousands of interested groups share information, asking questions via telephone line, eliminating the need to travel a long distance or, in some instances, leave the office. Soon after the first communication satellite, Telstar 1, launched into a geosynchronous orbit on July 1962, a multi-billion-dollar industry started. The satellite communications income for 1989 exceeded $62.5 million and the returned revenue for 1989 was 15.2 percent (Standard & Poor’s, 1991).
