Computer plays an important role in business environment as every organization adopts it
in some form or the other to perform the tasks in effective manner. In the past few years’ rapid
development in IT, particularly in communications, electronic service networks, and multimedia
have opened up new opportunities for corporates. All these are contributing towards new and
effective ways of processing business transactions, integrating business processes, transferring
payments and delivering services electronically. It has affected the business in the following ways:
1. Office Automation
Computers have helped automation of many industrial and business systems. They are
used extensively in manufacturing and processing industries, power distribution systems, airline
reservation systems, transportation systems, banking systems, and so on. Computer aided design
(CAP) and computer-aided manufacture (CAM) are becoming popular among the large industrial
establishment.
2. Stores large amount of date and information
Business and commercial organizations need to store and maintain voluminous records
and use them for various purposes such as inventory control, sales analysis, payroll accounting,
resources scheduling and generation of management reports. Computers can store and maintain
files and can sort, merge or update as and when necessary.
3. Improves Productivity
With the introduction of word processing software, Computers have recently been
applied to the automation of office tasks and procedures. This is aimed at improving the
productivity of both clerical & managerial staff.
4. Sharing of data and information
Due to networking of computers, where a number of computers are connected together to
share the data and information, use of e-mail and internet has changed the ways of business
operations.
5. Competitiveness
Computers offer a reliable and cost-effective means of doing business electronically.
Routine tasks can be automated. The customers can be provided support round the clock, which
is 24 hours a day. With advancement in IT sector, corporates are spreading business around the
world thus, increasing their presence and entering new markets.
6. Security
To provide security to data and important computer programs, almost every organisation
has some security programs to avoid the illegal access of the company’s information by
unauthorized persons. The three fundamental attributor of a security program are confidentially,
integrity and availability which allow access to only authorized persons in an organization.
7. Cost Benefits
The extensive availability of internet based information means that companies have a wider
choice of suppliers which leads to a more competitive pricing. Due to the presence of internet the
role of the middleman becomes less important as companies can sell their product or services
directly to the customer.
8. Marketing
Corporates engaged in e-business can take help of their respective websites to create brand
awareness of their products, thus, creating new avenues of promotion of their products. In
addition, companies’ websites can also provide better services such as after sales service to the
customer.
in some form or the other to perform the tasks in effective manner. In the past few years’ rapid
development in IT, particularly in communications, electronic service networks, and multimedia
have opened up new opportunities for corporates. All these are contributing towards new and
effective ways of processing business transactions, integrating business processes, transferring
payments and delivering services electronically. It has affected the business in the following ways:
1. Office Automation
Computers have helped automation of many industrial and business systems. They are
used extensively in manufacturing and processing industries, power distribution systems, airline
reservation systems, transportation systems, banking systems, and so on. Computer aided design
(CAP) and computer-aided manufacture (CAM) are becoming popular among the large industrial
establishment.
2. Stores large amount of date and information
Business and commercial organizations need to store and maintain voluminous records
and use them for various purposes such as inventory control, sales analysis, payroll accounting,
resources scheduling and generation of management reports. Computers can store and maintain
files and can sort, merge or update as and when necessary.
3. Improves Productivity
With the introduction of word processing software, Computers have recently been
applied to the automation of office tasks and procedures. This is aimed at improving the
productivity of both clerical & managerial staff.
4. Sharing of data and information
Due to networking of computers, where a number of computers are connected together to
share the data and information, use of e-mail and internet has changed the ways of business
operations.
5. Competitiveness
Computers offer a reliable and cost-effective means of doing business electronically.
Routine tasks can be automated. The customers can be provided support round the clock, which
is 24 hours a day. With advancement in IT sector, corporates are spreading business around the
world thus, increasing their presence and entering new markets.
6. Security
To provide security to data and important computer programs, almost every organisation
has some security programs to avoid the illegal access of the company’s information by
unauthorized persons. The three fundamental attributor of a security program are confidentially,
integrity and availability which allow access to only authorized persons in an organization.
7. Cost Benefits
The extensive availability of internet based information means that companies have a wider
choice of suppliers which leads to a more competitive pricing. Due to the presence of internet the
role of the middleman becomes less important as companies can sell their product or services
directly to the customer.
8. Marketing
Corporates engaged in e-business can take help of their respective websites to create brand
awareness of their products, thus, creating new avenues of promotion of their products. In
addition, companies’ websites can also provide better services such as after sales service to the
customer.
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