IMPORTANCE OF NETWORKS AND COMMUNICATIONS
Information is now made easy with the availability of network communications.
E-Business
E-business or electronic business refers to conducting business transactions on the internet, not only limited to buying and selling but also servicing customers and collaborating with business partners.
Online Education
With a network connections, online education is made possible. Students at any location around the world can participate in an online classroom, download tutorial questions and submit their assignments.
E-Banking
E-banking or electronic banking is the most popular banking facility nowadays. It handles all types of banking transactions like account management, fund transfer and payments primarily over the internet. User can pay bills, check the account balance and transfer money to other parties, using e-banking facilities twenty four hours a day and seven days a week.
Long Distance Communication
Long distance communication is made easy via network availability. Communication is possible via voice, text or video. The cost of having this type of communication is cheaper than making a normal phone call and definitely faster and more effective than corresponding via letters of fax.
