with ongoing economic concerns, consumer confidence has declined leading to decrease in the bottom line for many companies in turn forcing many to tackle this decline in profitability by cutting unnecessary cost of with budgets or located to corporate meetings, especially ones held abroad, are among the first to go. in a search for other cost-effective alternatives companies are employee tools such as web conferencing VDO conferencing and virtual meetings to compliment corporate meetings since they have province to be effective options that at the same time incur lass cost.