Term paper for 1500 words Example | Topics and Well Written Essays - 1500 words

For 1500 words - edge Paper ExampleThe National Broadband Network (NBN) represents the future generation of infrastructure and mode of communication. In the 21st century, the world is advancing at a rapid pace and Australia is also taking helping in these technological advancements. According to the Prime Minister of the country, a slow internet connection is single major hindrance in the path of growth. Economic activities are highly dependent on the ascend of study. Different communication channels lead to the identification of investment opportunities. Hence, a speedy connection of broadband would boost up frugal activities and enlighten the future of the economy. Therefore, the Government of Australia has taken the initiative to connect either individual via the broadband electronic network. It is imperative to ensure that all citizens gain access to the NBN. The project has been started in the socio-economic class 2010 and is due for completion by the year 2015 (NBNCO, 2013). Fiber to the node network A fiber optic network is a network of multiple nodes. By implementing fiber optic, the system of rules designer can prepare a passive medium of network consisting of several nodes. The presence of multiple nodes makes the distribution network system safe and reliable (Cobo, 2012). By victimization a single mode of operation, the speed of information delegate might be increased up to 1 gigabit per second. The error rate of high speed opthalmic networks has been found to be quite less and acceptable (Cobo, 2012). When a good broadband infrastructure is unite with highly advanced information technologies, it becomes capable of affecting productivity of firms operating in the economy and boosting economic growth. Common households across the country would be able to connect with one another, which fosters national integration. Highly efficient broadband infrastructure creates additional ways in which the economic growth of the country might be augm ented. Advanced information technologies can change as well as improve the method of bear on information that results in higher involvement of IT firms, which implies the creation of new employment opportunities. Fiber to the node network allows the companies to implement processes, such as e-procurement, customer services, e-billing as well as make recruitment online using the internet network connection. The IT division of the firms, thus, makes a noteworthy contribution in the (long-term as well as short-term) performance of the firm, through its interactions with the other functionaries of the firm (Zyskind and Srivastava, 2011). Characteristics of NBN Broadband internet connection enables exchange of information and selective information across the different agents in the economy located in multiple locations. Through implementation of a high speed internet broadband network, companies would be able to manage their functions and operations in a decentralized manner of informat ion processing. In the Australian economic system economic agents use unattached information as input for generating new output. The NBN in Australia would facilitate this process of information management. In this process, the comprehensive network of internet would allow the firms as well as individual users to weigh and evaluate information before taking actions on the basis of that information. It leads to multiplication of data that benefits all actors in the economy. The NBN is a terms