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1. Electronic data capture can validate data providing better accuracy.

2. Once stored it can be searched very quikly reducing effort and time.

3. Some data can be created/captured automatically thuis saving effort.

4. Data can be combined with other data providing insight into behaviours.

5. Data can be manipulated to provide forecasts, etc..

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What are the factors to be considered in applying computerization in a business?

Does the business really need computerisation?Will it improve efficiency now and in the future?To what extent must you convert to computerisation & will it be cost effective?Can this be achieved in increments or is it necessary to introduce computerisation throughout most or all at one time?Cost and effectiveness. - How much will it cost and is the computer system the right system for the purpose you need?Who will run computerised systems and is there a training cost?Will it be self funding i.e. increased profits / efficiency and/or reduced labour costs?Consider your future plans, where are you now and where do you want to be in say 3 / 5 / 10 years from now. How will you get there and will this be a necessary part of the business plan?Consider also your competitors. Do they use computerised systems and what is the effect on their business?Seek expert help and ask for quotes from several reputable dealers.


What are the factors considered before adopting an e-procurement system in operation?

u must consider the suppliers, the existing technology and the users u should also have the mission for such ideas of using electronic systems


How did money change overtime?

Money has evolved significantly over time, shifting from barter systems to standardized coins, and then to paper currency. With technological advancements, we saw the introduction of digital currency and electronic payment systems. This evolution has facilitated trade and commerce, making transactions faster and more efficient. Today, cryptocurrencies represent the latest phase, challenging traditional notions of money and banking.


How has money envolved?

Money has evolved from barter systems, where goods and services were directly exchanged, to the use of commodity money, such as gold and silver, which had intrinsic value. Over time, fiat money emerged, backed by government decree rather than physical commodities, allowing for more flexible monetary systems. The introduction of banking systems and digital currencies has further transformed money, leading to electronic transactions and cryptocurrencies that challenge traditional financial structures. This evolution reflects changes in technology, economic needs, and societal values.


What services does the IBI group provide?

IBI Group is a multi-disciplinary consulting firm offering services in four areas of practice: Urban Land, Building Facilities, Transportation Networks and Systems Technology. The group IBI provide services for the design of IT, security and smart building systems such as speed cameras and CCTV to record any activity around local areas for security reasons.

Related Questions

What is electronic scabbing?

It is the replacement of manual workers by computerised systems. More information can be obtained at: http://education.mu/forum


What is scabbing?

It is the replacement of manual workers by computerised systems. More information can be obtained at: http://education.mu/forum


What is Electronic Data Systems's population?

Electronic Data Systems's population is 136,000.


What two distinct things must a computer be able to store?

Computerised information systems have to store programs and data.


When was Electronic Data Systems created?

Electronic Data Systems was created on 1962-06-27.


When was Marconi Electronic Systems created?

Marconi Electronic Systems was created on 1897-07-20.


Why didn't I get a stamp on my passport?

There could be various reasons why you didn't get a stamp on your passport. Some common reasons include electronic scanning systems, visa waiver programs, or if you didn't leave the airport during your visit.


Why were electronic payment systems preferred in the Middle Ages?

Electronic payment systems were not preferred in the Middle Ages. The middle Ages did not have any computers, so electronic payment systems were not invented yet.


Does every business have electronic payment systems?

Most normally do have electronic payment systems. Some examples of business' with electronic payment systems are: Gas Stations, Amazon, Ebay, Best Buy, and Walmart.


How do electronic voting systems compare to paper systems?

Both systems are being used in voter elections. Electronic systems are more convenient, easier to tabulate, and have no paper messes left over. Lines were usually shorter at elections with electronic machines.


In the earliest days of electronic digital computing was there operating systems?

No, there were not operating systems in the earliest days of electronic digital computing.


What is rationale of computerised information system?

Computer information systems are fast and effective. They can handle large amounts of data and help the business run smoother.