How Important Is Computer Technology In Business?

13 Answers

Ellie Hoe Profile
Ellie Hoe answered
Computer technology has great applications in almost all kinds of businesses. Almost all kinds of businesses are relying on computers for automating their traditional processes. Businesses use wide variety of databases, management information systems, information sharing platforms, data sharing networks, internet, intranets, machines, equipments etc which highly rely on computers. The use of computer technologies is not only in the field of finance or marketing, it is also being used by the medical industry, human resource departments, inventory control management systems etc. Computer technologies help to perform the routine business tasks much quicker as compared to the traditional way of doing things. Some companies use data warehouses, data mining techniques, decision support systems to aid in their decision making processes.
amber Jhon Profile
amber Jhon answered
Computer technology is widely used in businesses and there are various applications of computer technology. Most of the traditional systems in offices are replaced by the automated systems which use computer technology. Use of various databases, data sharing networks, internet, machines, intranets, management information systems is possible only through the incorporation of computer technology. Applications of computers is not only limited in the businesses but in hospitals, medical centers, schools and non-profit organizations computer technology is widely used. Moreover, computers have also lowered the amount of manual work and efficiency of employees has also increased because of the reliance of businesses on computer technology.

Brian Profile
Brian answered
Computers are used to file information.
Ankit Srivastava Profile
Computer has always three importance in any organization
1- SPEED - Make everything fast, save time
2- ACCURACY - Calculate easily and accurate, Data entry
3- DILIGENCE - It has the most important quality of attentiveness or carefulness.
Anonymous Profile
Anonymous answered
The beneficial  of business using a computer
d ds Profile
d ds answered
Computers have deep important impact on different kinds of businesses.
For small scale and for Large scale businesses they offer their
services with relevant softwares. They help up in keeping up record of
sales in small scale business and helps in avoiding costly audits which
cannot be afforded by small scale business.
For Large scale, they help in keeping up updated records, communicating over long distance and centralization of organization.
The same question was previously asked on blurtit at:
What is the use of the computer in Business and Industry?

What is the importance of communication in business?
Joana Rosse Porecallan Profile
Computer as we all know is an electronic device for managing data. It lessens the use of time in doing transaction and it is efficient in holding datum. Computer is an essential part of a growing business. In a fast rising economy we need a fast rising technology for us to cope up with the trend of the world.
Matthew  Gabriel Profile
Matthew Gabriel answered

The importance of computers in business includes savings of money
for various business activities. For example, a small business can maintain a
database of customers in its computer. The business can then send coupons or
special promotions to these customers by email.


Anonymous Profile
Anonymous answered
Computers are used
at various places such as offices, retail shops, railway stations, hospitals
etc. It helps to simplify complex tasks as it has a repertoire of tools and
techniques for managers to make things easier and to climb the corporate
ladder.
Business
management is a profession calling for high skills of various kinds like
problem solving skills, accuracy, statistical analysis, etc.


Organizations
have grown in complexity to levels at which high accuracy is required. Business
Organizations have grown from simple to complex ones with proper checks from
single owner/single employee firm to millions of owners/millions of employees
firm.


This
development in the business environment changed the whole scenario of today’s
management. In this new setup, even a minor mistake could create lot of
problems. Thus, the need for a system which was less error prone and provided
high speed and accuracy was felt.


David  Johnson Profile
David Johnson answered

In an age of booming technology, running a business without computers is like trying to breathe without lungs. Like it or not, technology has become an integral part of the way business is done. Even if you perform services or provide products which are not technology related in and of themselves -- such as dry cleaning and hairstyling -- you may find that without a computer, it's difficult to place orders with suppliers or pass information to your accountant.


Hassan Raza Profile
Hassan Raza answered
Automated Production System: Many car factories are completely computerized. Cars are assembled by computer-controlled robots. These systems are becoming very popular in industry. These systems work quickly than human beings.

Design System: Many products are designed using CAD (Computer Aided Design). Computer programs are used to design the model of a product on the computer. After the design is complete, the actual product is produced.

Stock Control: Stock control system is many companies are computerized. This system keeps the record of the number of items in stock. It can alert the user when an item is finished from the stock.

Accounts/Payroll: In most large organizations, the accounts systems are computerized. Accounts system maintains daily transactions of a company. It can maintain daily book, trial balance and other information of accounts. Payroll system calculates the pay, bonus and other information of the employees.

Fax: We can send fax from computer. Different software's are used for this purpose. The quality of fax is also higher. It is also possible to receive a fax directly to computer.

Video-Conferencing: Many companies use video-conferencing to deal with other companies. In video-conferencing people residing at various places can talk with each other. They can see one another. It is very useful in this busy age. It saves a lot of time and costs.

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