My Name is Hafiz Abdul Waheed Aabid. I am Lecturer of Computer Science in Concordia College Khudian Khas
Aadi Iz 75
Today we Will Discuss about how computer can be useful in business.Let's StartThe use of computer technology in business provides many facilities.Businessmen are using computers to interact with their customers anywhere in the world.Many business tasks are performed more quickly and efficiently.Computers also help them to reduce the overall cost of their business.Computer can be used in business as follows:1.MarketihgA business organization can use computers for marketing their products.Marketing applications provide information about the products to customers.Computer is also used to manage the distribution system,advertisingand selling activities.It can also be used in deciding pricing strategies.2. Stock ExchangenStock exchange is the most important place of businessmen.Many stock exchanges use computers to conduct bids. The stockbrokers perform all trading activities electronically.They connect with computer where brokers match the buyers with sellers.It reduces cost as nò paper or special building is required to conduct these activities.3. BanksThe use of computers in banks provided many benefits. It saves time and provides convenience for customer. Many banks provide the facility of Automated Teller Machine.ATM is used to withdraw cash from machine.Banks provide credit cards that can be used to purchase different items ustng the Intermet.Banks use computers to maintain customer accounts. The transactions are handled easily and quickly with computerized system.4. Departmental StoreThe use of computers in departmental stores has máde the business activities fast and accurate.The cashier can enter sales data in computer by 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 accounts and stock inventory.5. Office AutomationOffice automation is the process of automating office tasks using computers.Many types of tasks are perfomed in an office likedecision-making,data manipulation,document handlingand communication etc.Many computer technologies are used to perforn theseactivities easily.