HR Training Strategy :: essays research papers

IntroductionSince the porta the merchandise of the Bahrain telecom manufacturing, it has gone through major structural changes. As with most opening of trades of former open companies, the government wished to hitch increase efficiency in the returns of telecom. Nouradeen (2005)By opening the market, the government hoped that the incentive of higher mesh would act as a reward for efficiency, meaning that more parturiency would be made in research and development of new techniques so as to make the service more efficient. In order to quip savings onto the consumer, the telecommunication companies would have to work under certain restrictions oblige by the government and the telecommunication regulator, (TRA), which were designed to prevent private monopolies exploiting the consumer.The plan of this project is to investigate to what extent the intentness has changed since these changes were implemented and how the price of telecommunication to consumers has been affecte d by these changes. The opening of the market in this industry has seen deuce main stagesFirstly, Batelco, a company which was effectively a monopoly ran from the 1960s until the firstly step to opening the market in 2003. This stage on the track to opening the market was to introduce opposition in direct show for customers, thus introducing the idea of competition into the industry, allowing a small proportion of the market to be run to a certain extent by the market mechanism. By 2003 the telecommunication company was introduced mtc Vodafone and was set up to provide unstable services for the country. TRA(2003). This effectively meant that in a particular area of service a different company was in a position of to induce competition to the sole provider in mobile services. (Which was regulated by the government). Akhbar Alkhaleej (142003)The question that I wish to answer is -To what extent did the restructuring of the telecommunication industry affect the price of telecommu nication to consumers and for what reasons did this occur?Economic ConceptsThe market for telecommunication in the Bahrain has undergone several important structural changes as outlined in the introduction to the coursework. Initially, before opening the market, the telecommunication market was a public monopoly which meant that although it had all of the features of a monopoly it was controlled and owned by the government and thus it was think to provide the best price for the consumer. However, the idea of opening the market the industry was that the extra competition found in the market would allow the consumer to see a further fall in price, particularly as the competition should have increased finance of research and development and therefore increased efficiency in the market.