Effects:
The importance of computers in business includes money saved for various business activities. For example, a small business can maintain a database of customers in its computer. The business can then send coupons or special promotions to these customers by email. Companies also save on paper costs when interacting through their computers. Also, a small manufacturing company can automate part of its production line with computers. The automation process would help the manufacturer cut back on labor costs.
Time Frame:
Computers also help the businessman save time. For example, a businessman can write a report, do a spell check, edit it and distribute the report in just a few hours--even long distance. Previously, companies used typewriters for reports where redactions were made on various pages. These pages then needed to be retyped until the report was error free. Managers then needed to copy the reports and mail them to employees in different cities. Consequently, the report writing process took much longer with a typewriter than a computer. Also, utility and cable companies can pinpoint a customer's problems more readily with computers.
Significance:
Computers in business allow for greater interaction among employees, agencies, clients and customers. Managers can conduct conference calls, show training videos and even conduct webinars or web-based seminars online with computers. This inter-connectivity between businesses, clients or customers can even be administered internationally. Human resource managers can more readily collect resumes from job applicants through