Technological improvements in computers have provided many benefits for companies over the past three decades. Computers now play a significant role in several important business functions and business management decisions.
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Facts
- According to the Smithsonian Natural Museum of American History, companies have been using computers en masse since 1974 to assist managers with calculations and computations of business information.
Types
- While desktop PCs are the staple computer in business offices, netbooks, Blackberries and iPhones now allow managers to track their employee's productivity and workflow through the Internet.
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Features
- Computers are loaded with software programs designed to collect and report financial information to company management. Companies may also track employee time clock hours or other internal business information through computers.
Functions
- Reporting company sales and internal financial information are the primary functions of computers in business. Managers use this information to decide where to make improvements in operations or invest in new business opportunities.
Potential
- Computers provide companies with the potential to review their operations for defects and streamline business processes. Managers also use computers to report on cost inefficiencies, allowing companies to improve their profit.
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