Computers are widely used in business and everyday life because of their unique features. Here are the main characteristics:
1. Speed
- Computers can perform millions of calculations per second.
- Example: A human may take hours to prepare sales reports, but a computer can do it in seconds.
- Business Use: Quick generation of invoices, payroll, and financial reports.
2. Accuracy
- Computers perform operations with very high precision.
- Errors usually occur due to wrong input (human error), not because of the machine.
- Business Use: Accurate calculation of profits, taxes, interest, etc.
3. Automation
- Once programmed, computers can perform tasks automatically without human intervention.
- Example: ATM machines dispensing money, or online order processing systems.
4. Diligence
- Unlike humans, computers do not get tired, bored, or distracted.
- They can perform the same task repeatedly with consistent accuracy.
- Business Use: Running 24/7 operations like banking, stock exchanges, and e-commerce websites.
5. Storage Capacity
- Computers can store a huge amount of data in a small physical space.
- Data can be retrieved instantly whenever required.
- Business Use: Customer records, employee details, product catalogs, sales history.
6. Versatility
- Computers can perform a wide variety of tasks, from simple calculations to complex simulations.
- Example: A computer can be used to prepare documents, design advertisements, run business analytics, and control machines.
7. Connectivity & Communication
- Computers can be connected through networks (like the Internet) to share information globally.
- Business Use: Video conferencing, e-commerce, online banking, global collaboration.
8. Multitasking
- Computers can perform multiple tasks at the same time.
- Example: A businessperson can prepare a presentation, download reports, and send emails simultaneously.
9. Cost Efficiency
- Though initial investment is high, in the long run computers reduce labor costs, errors, and time.
- Business Use: Automation in manufacturing and online customer service reduces expenses.
10. Reliability
- Computers provide consistent output without variation, as long as the input and instructions are correct.
- Example: A payroll system always calculates salaries correctly if data is fed accurately.
Summary for Students
- Computers are fast, accurate, reliable, versatile, and multitasking machines.
- They can store large data, work without breaks, and connect globally.
- These characteristics make them indispensable in business decision-making, automation, and customer service.