Bundle: Enhanced Discovering Computers 2017, Loose-leaf Version + Illustrated Microsoft Office 365 & Office 2016: Introductory, Loose-leaf Version + ... 1 term (6 months) Printed Access Card
1st Edition
ISBN: 9781337379960
Author: Misty E. Vermaat, Susan L. Sebok, Steven M. Freund, Mark Frydenberg, Jennifer T. Campbell
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
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- Systems Analysis and Design Q2. A Book company sells its books by small order only.The owners want to develop an Online system to sell rare and out-of-print books over the Internet. Visitors will be able to browse a variety of books, but they will have to create a customer account before being able to make a purchase. Payments will be accepted only online with a major credit card, and the credit card will be verified before the order can be approved. a. Identify the business requirements Use Cases.?arrow_forwardTourism and Information Technology The tourism industry comprises organizations involved in the production and distribution of travel and tourism products. It can be viewed as an umbrella industry with a complex distribution chain containing a set of interrelated businesses, such as transportation companies, accommodation facilities, attractions, food and beverage enterprises, intermediaries, and providers of recreation and leisure facilities, as well as a multitude of government agencies, according to Werthner and Klein (as cited in Gretzel & Fesenmaier, 2009). Information technology (IT) is defined as the collective term given to the most recent development in the mode (electronics) and machines (computers and communication technology) used for acquisition, processing, analysis, storage, retrieval, dissemination, and application of information (Haque & Rahman, 2012). In tourism, unlike other industries, it is not a physical product but information that moves from suppliers to…arrow_forwardcomputer science - What should managers consider when purchasing new technology or upgrading existing systems in their businesses?arrow_forward
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