Answer the following statements true (T) or false (F)

Question

1. Research finds that reducing an organization's travel budget also reduces its revenue and profitability. 
2. High-definition videoconference systems that simulate face-to-face meetings between users are known as virtual conference technology. 
3. Telecommuting is more common for jobs that involve brain work requiring concentration and limited interruptions. 
4. Telework is a broad term than encompasses not just working from home but working from anywhere. 

Answer 1

1. TRUE
One study found that when a company reduces its travel budget for personal meetings, it loses both revenue and profits. In fact, if a company completely eliminated business travel, corporate profits could drop 17% in the first year, the study found, and it would take more than 3 years for profits to reach the same level as before.
2. FALSE
Many organizations set up special videoconferencing rooms or booths with specially equipped television cameras. Some of the more sophisticated equipment is known as telepresence technology, high-definition videoconference systems that simulate face-to-face meetings between users.
3. TRUE
Telecommuting is more common for jobs that involve computer work, writing, and phone or brain work that requires concentration and limited interruptions.
4. TRUE
Recently, the term telework (or virtual office) has been adopted to replace the term telecommuting because it encompasses not just working from home but working from anywhere.