Computer plays an important role in business environment as every organisation adopts it
in some form or the other to perform the tasks in effective manner. In the past few years’ rapid
development in IT, particularly in communications, electronic service networks, and multimedia
have opened up new opportunities for corporates. All these are contributing towards new and
effective ways of processing business transactions, integrating business processes, transferring
payments and delivering services electronically. It has affected the business in the following ways: