The Economics Assignment in Australia

Added on -2020-02-24

| 9 pages| 1547 words| 32 views

Trusted by 2+ million users,
1000+ happy students everyday

Showing pages 1 to 3 of 9 pages

Running head: ECONOMICS ASSIGNMENT Economics AssignmentName of the StudentName of the UniversityAuthor Note
1ECONOMICS ASSIGNMENT Table of ContentsIntroduction:....................................................................................................................................2Telecommunication Market: Australia:...........................................................................................2Issues in the telecommunication market of Australia:.....................................................................4Conclusion:......................................................................................................................................6References........................................................................................................................................7
2ECONOMICS ASSIGNMENT Introduction: With progressing economy and innovations in technology and production, newer sectorsare gaining more and more importance in the globalized market. One of the primary developingsectors in the current business world is the telecommunication sector. The sector deals withtransmission of vocal, verbal or word messages across the globe and with time, the sector hasseen massive dynamics with innovations in the concerned technologies (Bigliardi, Ivo Dormioand Galati 2012). Nowadays, this sector has gained utmost importance, with businesses goingglobal, as most of the commercial activities are done through this medium. The report discussesthe telecommunication sector in Australia, its current dynamics, players and the issues faced bythe players as well as the clientele, as is evident from the survey conducted by the AustralianCompetition and Consumer Commission (ACCC). From economic perspective, these issues aretried to be analyzed and explained in this report (Accc.gov.au, 2017). Telecommunication Market: Australia: The telecommunication market in Australia is one of the most significant revenuegenerating market, which has seen consistent rise in the number of consumers over the years.The need for the development of this sector has been constantly increasing due to the economicboom and business prospect that the country is showing. The main products of this market arelandline service, broadband internet and mobile and data services, the third product seeingsignificant increase in the demand with time, the demand for the former two remainingsignificantly high (Makwana, Sharma and Arora 2014).

Found this document preview useful?

You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss

Premium

$45

Q&A Library Access

Chat support

12

Document Unlocks

4

Answer Unlocks

Students who viewed this