Discovering Computers ©2016 (Shelly Cashman Series) (MindTap Course List)
1st Edition
ISBN: 9781305391857
Author: Misty E. Vermaat, Susan L. Sebok, Steven M. Freund, Jennifer T. Campbell, Mark Frydenberg
Publisher: Cengage Learning
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Expert Solution & Answer
Chapter 7, Problem 11PS
Explanation of Solution
Impact of technology on personal financial transactions such as home banking:
- With the help of technology, banking process becomes faster and reliable than before. Maintenance and retrieval of records or documents have become much easier and faster.
- Computerized banking also improved the Core Banking System (CBS). With CBS, all bank branches gain access to centralized data...
Explanation of Solution
Use of technology on large businesses finances:
- Technology offers decision makers to assist in removing guesswork and highlight information in real-time.
- Companies can utilize the technological processes and tools to automate everyday routine, low value activities an...
Explanation of Solution
Use of technology on stock market:
- Technology has a great impact on many areas. One of the greatest impacts of technology is on trading and stock market.
- Now, investors have an unlimited access to information about stock markets and businesses.
- With efficient and quick access to stocks, the frequency in trades has enhanced dramatically...
Expert Solution & Answer
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Chapter 7 Solutions
Discovering Computers ©2016 (Shelly Cashman Series) (MindTap Course List)
Ch. 7 - Prob. 1SGCh. 7 - Prob. 2SGCh. 7 - Prob. 3SGCh. 7 - Prob. 4SGCh. 7 - Prob. 5SGCh. 7 - Prob. 6SGCh. 7 - Prob. 7SGCh. 7 - Prob. 8SGCh. 7 - Prob. 9SGCh. 7 - Prob. 10SG
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