Answer to Question #240603 in Accounting for samantha

Question

Text: 

In such countries the effect of phone ownership on GDP growth is much stronger than in the developed world, because the ability to make calls is being offered for the first time, rather than as an alternative to existing landlines. As a result, mobile phone operators have emerged in Africa, India and other parts of Asia that are larger and more flexible than Western companies, and which have grown by catering for poorer customers, being therefore well-placed to expand downmarket. In addition Chinese phone makers have successfully challenged the established Western companies in terms of quality as well as innovation. A further trend is the provision of services via the mobile network which offer access to information about topics such as healthcare or agriculture.

(b) Quotation 

Directions: Introduce a quotation to show the key point, referring to the source. Write your answer below. 

Answer 1

Hoffman (2012), points out that the main market in mobile phones in developing countries and stresses the ability to make calls as an alternative to existing landlines. He pointed out the emergence of mobile operators in Africa and China proving a stronger giant in the market.

According to Hoffman, mobile phone ownership offer access to information about topics such as healthcare or agriculture. Chinese phone makers have been more innovative thus bringing down the cost compared to western countries (2012:87). The current flood of portable innovation is driving work effectiveness with 'efficiency applications' and utilization of 'down time'; it is likewise expanding capital usefulness: with assessed financial efficiency advantages of $11.8 billion over the course of the following decade.