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This clause deals with the increasing computerization of the financial markets and the consequences of such cognitive process on our power to collect data about financial prices.
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The world as A global village has become so computerised that the use of goods and services of computers is inevitable therefore makes them very influential in all expression of human aliveness especially on the accounting field.
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What are the main advantages of computerization in business?
Advantages of Computerisation. The main advantages of computerizing the activities of business organization are as follows: Advantages: 1.Speed: Computerisation helps in processing the data placed in several data files in no time.
What are the advantages of using a computer?
1.Speed: Computerisation helps in processing the data placed in several data files in no time. This is possible due to the high speed of computers for processing data and CPU of the computer works at the speed of electricity which is the highest ever attainable speed. 2.Accuracy: The data processed by the computer are highly accurate.
How does computerization change the way jobs are done?
As technology grows, the methods to do manufacturing jobs are changed and as a result, the whole occupational structure is changed. Computerization involves numerical control (NC) technologies that change the staffing patterns and company structure (Cappalli, 1996).
How did automation and computerization affect the world?
Following analysis indicates how the workers in 1990s strived in the changing world of automation. In the developing countries, automation and computerization created unemployment. Such impacts of technological change dispersed greatly across various geographical regions in manufacturing and service industries.
Last Update: Oct 2021
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24.10.2021 00:56
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