15.1.7. COMPUTERS IN BUSINESS
Business enterprises/people use computers for:
15.1.7.1. Advertisement- electronic billboards
Computers are used for advertising products by companies. This may involve advertising products using computer controlled billboards. Below is an advert on computer screen.
15.1.7.2. E-commerce
There are e-stores called online shops on the internet. You can buy and sale commodities from the online shops. Such transaction is referred to as e-Commerce- the art of conducting business on the internet.
15.1.7.3. Credit/master card payments
Most businesses in the developed world are executed on the internet. You can browse the internet, find the materials/goods such as cars, clothes, computers, household items etc. you want and pay using credit cards. That means you don't need to see the person you are transacting business with. The materials or goods will be delivered to you- at home or office.
15.1.7.4. Computers in the Banks
Payment using cheque
Computers are used in the banks to process cheque and authenticate payments