Uses of Computer in Business

 Computer is widely used in business to improve productivity. Many business activities are performed more quickly and efficiently using computers. Computer is used to prepare business documents like reports, charts, presentations and invoices etc. It reduces the paperwork and cost.

Computer system are used to store the record of huge transactions. The transactions can be made from anywhere in the world with the help of computer am]nd the internet. Computer also helps to stay in contact with the employees and the customers.

   Computer can be used in business as follows:

Marketing:

                    A business organization can use computer for marketing their products. Marketing applications provide information about the products to customers. computer is also used to manage the distribution system, advertising and selling activities. It can also be used in deciding pricing strategies.

Stock Exchange:

                               stock exchange is the most important place of businessmen. Many stock exchanges use computer to conduct bide. The stockbrokers perform all trading activities electronically. They connect with the computer where brokers match the buyers with sellers. It reduces cost as no paper or special building is required to conduct these activities.

Banks:

            Banks are using powerful computers to perform millions of transactions. Banks are providing the facility of ATM. All ATMs are computerized and connected together through computer network. People can draw money from ATM at any time.  Many banks are now providing online banking. The customers can connect to the bank using the internet. They can see the bank account status  at home. it reduces the  staff and building of  banks. Many customers pay their bills forms their bank account using this facility. 

The banks are also providing mobile banking or M- banking. it is a process of performing banking activities using mobile device. The user can perform all types of banking transactions using mobile devices such as smartphone. 

3.Retail Stores:

                           The use of computer in retail stores has made the business activities fast and accurate. The Cashier can enter sales data in computer using barcode reader. The barcode contains the price of the item. The computer uses this input to calculate bill. The record of sale is stored in computer. This record can be used to analyze account and stock inventory. 

4.Commerce:

                                         E-Commerce or Electronic Commerce is a process of buying and selling the products or services using the internet. it is very easy and flexible way of buying and selling. it has become very popular nowadays. people can buy and sell products at any time. They can make payments using credit card etc..

5.Office Automation:

                                                  Office automation is the process of using computers and communication technology to perform different takes in the offices. it can be used to create letters/ reports / spreadsheets/ graphs/ images and send or receive emails over the network. it allows the user to improve the productive with less  human efforts. it also help in saving the money. 

           :Uses of computers in Manufacturing:

                            coming soon........