How Computer can be Useful in Business?

The use of computer in business is very important. Today, in global markets, it is impossible to run the business without the use of computer technology. Many business activities are performed very quickly and efficiently by using computers. The administrative paperwork is also reduced by using computers. Many businesses use websites to sell their products and contact their customers.

In business, computers are used for the following purposes:
1- Marketing
In business, computer is very useful for the marketing of products of an organization. Many marketing applications are available that can be used to provide information about the products to the customers. Computer is also used maintaining the record of products.

 2- Stock Exchange
Stock exchanges are the important places for businessmen. Today, stock markets around the world are mostly computerized. Many stock markets launched the computerized systems. These systems make it possible for stockbrokers to do all their trading electronically.

3- Banks
Computers are widely used in banks. They are used in banks for record keeping and maintaining accounts of customers. The cheques of customers are processed through computer. The cheques are read by MICR (Magnetic Ink Character Reader) input device.

          Most of the banks provide the facility of ATM. The customers can draw money through ATM card from any branch of that bank (or another bank) at any time of a day. Similarly, some banks provide the facility of credit cards that can be used to purchase different items from departmental stores without paying net cash.

Departmental Stores
The role of computer is very important in departmental stores. It is used to perform different operations. For example, the record of products for sale is maintained through computer. Similarly, the bill of customer is prepares through computer. All operations are performed very easily and quickly.

          In departmental stores, a bar cod is printed on most of the products. this bar code contains information about the product such as name of product and its price. This bar code is read through the device known as bar-code scanner or reader. The price of the particular item is entered into the computer through bar code reader. The customer bill is prepared quickly and the customers gets the accurate bill. The list helps a business to manage its stocks more efficiently.

          Security cameras are also widely used in departmental stores. It records the activities of the customers in the departmental store.

2 Responses to “How Computer can be Useful in Business?”

Anonymous said...
19 January 2016 at 01:37

very good answer

Find People Online | People Directory Free said...
28 June 2016 at 23:57

Great information...I got the super information...thank you for posting....
Computer Hardware

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