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Computers and computer related technology has been the source of major increases in productivity through process automation which enables reductions in workforce and the simplification of tasks to lower the skill level required of workers. Computers have also created whole new industries, products and service based on or using the computer.
As automation increases in use, it leads to the elimination of friction in business processes creating what is called frictionless business. This is when there is little or no opposition to a business transaction between the customer and the provider.
As more an more friction is removed, the cost per transaction is also almost always reduced. Where transaction volumes occur at large scales the transactional cost can even be reduced to near zero which supports business models using a zero price effect.
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Importance of computers in private and management sectors?
computers are very imortant
What kind of computers does IBM make?
IBM mostly makes computers for business purpose and for developers.
What are the importance of computer in Government?
Computers are used in government for: Emailing Distributing Payments Record Keeping Direct-Mail Promotions
What changes in computers made them more attractive to business?
cost, size and relative ease of use
Impact of computers on business and society?
Computers help people increase their productivity using automation. Automation allows employees to work without doing every little task associated with the job.
The Importance of Powerful Business Computers?
By choosing a state of the art computer for your business, you can amplify and accelerate the productivity of your work-space. For this reason, take care to select the best business computers available to you.
What is the importance of IT to E-Business?
Very, without computers then eBusiness can't exist! The e part means electronic and is associated with the Internet so you need computers for that.
What is the importance of computers in the day to day operations of people?
For all practical purposes, computers of all types are part and parcel of modern day business and government as well. Record keeping, various types of business analysis and projections are all done with computers.
What is the importance of computer in business operation?
Computers hold many important values within a business operation. You can utilize computers for the purpose of manufacturing products, shipping goods, and much more. Many offices depend on computers for everything from accounting to payroll processing.
When did Robert Crandall first recognize the importance of computers in business?
It was while working at Hallmark in 1962 that he began developing theories about how computers could revolutionize the ways in which businesses marketed themselves.
Importance of website in business world?
well it not only shows buyers or customers online what you have to offer but it also shows that your buisness is into or is good with computers
Importance of computers in private and management sectors?
computers are very imortant
Importance of demography in business and commerce?
importance of dempgraphy in business and commerce
What is the Importance of business in your daily life?
importance of business in our daily life
The importance of profit to a business like HMV?
the importance of profit to a business?
What is the importance in business letter?
The importance of a business letter is to communicate information. The importance of some business letters is to generate a response or an action on the part of the recipient. The importance of other business letters is to inform the recipient of something.
E-business importance in an organization and the values in telecommunications?
what are the importance of E-business
