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In order to keep our customers satisfied, if we have to walk an extra mile, we would happily to do so without any sweat! Each of our academic essay experts has gone through strict filtering before being hired to work for us in-house. The mobile phone market has become a perfectly competitive market over the years with the enhanced feature mobile in minimum cost. With advance technology and communication sector many companies are competing with each other so as their success can take over the mobile phone market as a market leader.
The market is perfectly competitive because the market has free entry and exit conditions and they offer products and services with different physical attributes and different costs, where buyers have choices to choose from. The main strategy of ever company is to provide the best products and services to its buyers by reducing cost and enhancing products, which makes the mobile phone industry perfectly competitive.
The mobile phone industry has is an attractive market, where customers are already using the mobile phones as their necessity. The growth and success of mobile phone industry depends entirely on the ability to attract new customers.
By adding and enhancing the mobile phones and services, the firm will attract more potential buyers, because technology alone will not attract buyers, instead companies want value-added services for mobile-phone securities.
The cultural shift towards internet-capable 3G and more recently, upgrading mobile voice phones to Smartphone, has created more opportunities in the mobile communication industry. This cultural shift has enabled mobile phone developers to develop and serve internet enabled 3G Smartphones. Studies have shown that since there has been a steady increase in the number of migrant families moving to Australia Australian Bureau Statistics, According to Australian Statistics Australian Bureau Statistics, , of the total population of Australia, about 60 per cent lie between the age group of and also 85 per cent of them are over-seas population that arrived in Australia in the past 20 years.
Hence, with more and more people moving and settling here, there are more chances of people using mobile phones. Moreover, this cultural trend towards Smartphone has increased within the country in conjunction with more generous data caps and increased handset capacity ACMA, With the Global Financial Crisis of , Australia has managed sharply its economic health with an average growth of 2.
However, with the increase in the number of business failure, credit quality has emerged to be strong in Australia. Unemployment rate has declined to 4. Employment growth has been strong in the year and as a result, people of Australia are confident about the future growth aspects and their job aspects.
Technology has been changing its trend rapidly across the globe. The purpose of having a mobile phone, today, is not only for speech but also to deliver data. Advancements have been made to the mobile phones which will carry data at a much faster speed rate.
There are many political-legal issues for mobile industry. Every business in mobile industry is required to obtain a license by registering its company name and nature of business under Approved License Authorities. There are labor laws worker safety Worksafe Australia, and laws regarding the Australia Pension Plan and Employment Insurance Service Australia, , which employers must follow Ministry of Labour, Taxation, from income tax to the HST has an influence on cost and profit.
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