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The drawbacks are that you can't see the person physically so there are no human relations. Also it is difficult to build a relationship with people which is important is business.
There are also advantages. It is cheaper. You don't have to pay for transport. Also you use less time for traveling and can spend than time doing other work.

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The  advantage  of meeting in person is to better understand the intentions of others, also meeting in different places in the world gives the possibility to visit the city as tourists.

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the benefits are:
1-if you don’t have to move from London to Beijing or vice versa,

you save a lot of time that you can use for working
2-you don’t have jet lag and you are more focused

the drawbacks are:
1-due to the time zone, the meeting might be inconvenient for

someone (ex: meeting at 3 pm GMT is at 11 pm in Beijing at GMT+8)

2-you might have connection problems

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advantage that it is more difficult for the virus to spread, disadvantage that there may be problems connecting

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Drawback - negative impacts on team-building and relationships
Set up costs can be very high

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Slow connection

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you probably don't have the same impact as it does when you are in person - CAN YOU EXPLAIN WHY?

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Anthony
benefit: You can turn on the video camera and microphone

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Videoconferencing would prevent spread of diseases but people would pay more attention if the meeting was physical.

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The only advantage is that there no risk of Covid transmission but if someone doesn't have the connection there may be the problem of not understanding the each other

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Doing a face-to-face meeting, have the risk of people not coming, instead, having a online meeting allow even sick people to take part (for example)

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the benefits of doing viodeo cofference is that you don't need to travel and worry abaut the idea of being late, then you can connect or doo the conference from any place, But there are some drawbacks, like the absence of emotive interaction and the first person to interact

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first we should address the bad things of using video-conferencing methods in a company environment, if this method is used they need internet connection at all times and any  connection interference might cause a lot of problems, and sometimes talking in video makes the talking less personal and involved.
but it does have a lot of good things, meeting schedules are less strict since there is no need for a personal meeting arrangement, less risks regarding viruses and overall is less tedious.
when it comes to economic

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They do not transmit the virus ,you can stay at home without having to move,you can help to reduce Covid infections,you can speak with all people of world.
You have so much disadvantages,  for example if you have slow connection you don't hear good the other people , the relationship.
From an economic point of view,you need so much money