In this chapter, we will discuss the application of computers in various fields.     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.      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.      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 ...
 
 
Comments
Post a Comment