USES OF COMPUTER IN BUSINESS

The 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 are also help them to reduce the
overall cost of their business. Computer can be used in business as follows:
Marketing:-
Many 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, advertising and selling activities. It can also used in deciding 
pricing strategies.
Stock Exchange:-
Stock 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 no paper
or special building is required to conduct these activities.
Banks:-

The use of computers in banks has provided many benefits. It saves time and provides
convenience for customers. Many banks provide the facility of automated teller machine
(ATM) to withdraw cash directly from machine. Banks provide credit cards that can be used
to purchase different items using the Internet.Banks use computers to maintain customers
accounts.The transaction are handled easily and quickly with computerized system.

Accounts/Payroll
Accounts system is computerized in many organizations.Accounts system maintains daily 
 transaction of a company.It maintains daily books ,trail balance and other information of
 accounts.Payroll system calculates pay, bonus other information of employees.
Departmental Store:-
The use of computer in departmental stores has made the business activities fast and accurate.
the cashier can enter sales data in computer by using barcode reader.The barcode contains
price of a particular item.The computer uses this input to calculate bill.the record of sale is
stored in computer that can be used to analyze accounts and stock inventory.
Fax:-
The user can send fax from computer. Different programs 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 prevents a lot of time and costs.
Office Automation:-
Office automation is a process of automating office tasks using computers. many tasks are
performed in an office tasks like decision-making,data manipulation, documents handling and
communication etc.Many computer technologies are used to perform these activities easily.