Computer In Business
Applications of Computers
Computers are everywhere and business and industry are using them. We can list of thousands of it's modern uses. Were the power to computers ever shut off, Business and industry would almost instantly grind to halt. Without computers the modern co-operation could not even. "Computers have become so deeply embedded in information processing and communication systems that almost no activity could be possible without them"
Computer is now playing a vital role in the lives of people today. It has revolutionized, the way one used to live. One cannot now imagine a world without computers, without information technology. It made things happen really wonderful. It gave a virtual world itself, where there are no barriers for communication, information sharing, idea sharing etc. Every field of human activity, may is be his daily life, official life, everything is influenced under the cover of information Technology.
Computer In Business
The business process is under the IT revolution, which is transforming the way we do the business. The way our basic business operations like decision making, customer services, operations, marketing strategies, financial management, Human Resources management, etc. are done are being reformed with the use of computers. Most of our current day business operations are dependent on computers either partially or entirely.
The basic reasons for the use of IT in business are as follows:
- Efficient Business Operations
- Better Managerial Decision Making .
- Gaining Competitive Advantage.
- Business Process Re-Engineering
- Solving Business Problems
- Globalization of Business
- Spontaneous Activity
- Office Automation
- Communication & Collaboration
- Electronic Commerce
- Interactive Marketing Etc.
Office Automation
It is defined as using computer and communication technology to help people better use and manage information . Office Automation technology includes all types of computers, telephones , electronic mail and office machines that use microprocessors or other high-technology components. There are five primarily technologies used in managing information in office automation:
- Text or Written words.
- Data , as in numbers or other non- text forms.
- Graphics, including drawings , charts and photographs.
- Audio, as in telephone, voice mail or voice recognition systems
- Video, such as captures images, videotapes or teleconferencing.
Transaction processing:
Most business activity involves Transactions activities with suppliers, employees , or customers. Computer can make these transactions possible
Home Based "Workers:
Now that it's so easy to connect a computer at home, more and more people are working at home . These telecommuters often work one or more days without the traditional commute. The same ability to communication so easily makes home-based businesses easier to start and operate. it also provides the alternative way to talk the distant relatives at the cheapest rate with the help of Internet telephony .
Desktop Publishing:
Producing finished business literature is one of the uses of computers in business. Using desktop publishing programs, or even sophisticated word processing programs, people can create sales letter, brochures, price lists, newsletters, and even book-length manuals.
Financial Analysis: Financial Analysis is performed throughout the company, from top management on down . People can analyze investments, sales, expenses, markets and other aspects of the business using both numbers and graphs.
The widespread acceptance of Internet has created revolution in the business world as it paved way for better, effective communications and collaborations leading to better business globally.