Business
A
computer has high speed of calculation, diligence, accuracy, reliability, or
versatility which has made it an integrated part in all business organizations.
Computer
is used in business organizations for −
- Payroll
calculations
- Budgeting
- Sales analysis
- Financial
forecasting
- Managing
employee database
- Maintenance of
stocks, etc.
- Sending Report
- Auditing
Banking
Today,
banking is almost totally dependent on computers.
Banks
provide the following facilities −
·
Online accounting facility, which includes checking current
balance, making deposits and overdrafts, checking interest charges, shares, and
trustee records.
·
ATM machines which are completely automated are making it even
easier for customers to deal with banks.
today we can carryout banking transaction at the comfort of our home, office, place of work & worship etc
Insurance
Insurance
companies are keeping all records up-to-date with the help of computers.
Insurance companies, finance houses, and stock broking firms are widely using
computers for their concerns.
Insurance
companies are maintaining a database of all clients with information showing −
- Procedure to
continue with policies
- Starting date of
the policies
- Next due
installment of a policy
- Maturity date
- Interests due
- Survival
benefits
- Bonus
Education
The
computer helps in providing a lot of facilities in the education sector.
·
The computer provides a tool in the education system known as CBE
(Computer Based Education).
·
CBE involves control, delivery, and evaluation of learning.
·
Computer education is rapidly increasing the graph of number of
computer students.
·
There are a number of methods in which educational institutions
can use a computer to educate the students.
·
It is used to prepare a database about performance of a student
and analysis is carried out on this basis.
Marketing
In
marketing, uses of the computer are following −
·
Advertising − With computers,
advertising professionals create art and graphics, write and revise copy, and
print and disseminate ads with the goal of selling more products.
·
Home Shopping − Home shopping has
been made possible through the use of computerized catalogues that provide
access to product information and permit direct entry of orders to be filled by
the customers.
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