IMPACT OF COMPUTERS ON BUSINESS
T
he world is going through an information explosion. This generation of information technology has necessitated the development of devices, which could store this information and process it to obtain knowledge and update it. The human brain is incapable of storing large amount of information and retrieving it instantly. This resulted in the development of computers. Moreover, the complexities of computational work are time consuming. Computer has freed the man from the bonded slavery of arithmetic.
Information can be represented in a computer in four different forms as follows.
DATA is the first method presents the information in its barest and most elementary form, as a string of characters (letters and numbers). An item of data is not of much use. It only makes sense when it is combined with other information.
TEXT is the second method presents the information written as phrases and sentences. This is called text. Although much more......
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