The purpose of this report is to explore and explain how: broadband, mobile communications, networks, home workstations and television communication benefit and worsen society and business- concluding with a recommendation of technology to 4688 Adventures.
Revolutionary with regards to the advance in speed and efficiency, broadband has changed the lives of innumerable people across the world- in both business and social aspects. The first impact broadband has on business is in existing firms. Due to the increased speed of broadband compared with dial-up, efficiency in developing new products (in such businesses as Samsung) and services (in such businesses as GoCompare.com) is increased considerably. Additionally, knowledge-based businesses, such as news providers, which are generally reliant on the internet to source a lot of their information can decrease time spent on sourcing the information and thus provide it to customers more quickly than competitors.