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.
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?
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.
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
management is a profession calling for high skills of various kinds like
problem solving skills, accuracy, statistical analysis, etc.
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
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.
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.
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.