Economic Benefits of Computers (Grade 10 NSC Matric Computer Application Technology): Flashcards

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Economic Benefits of Computers
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% paper reduction achievable w/ right technology

10-30%

Bank of America's paper reduction %

32%

Principle: incorrect input = incorrect output

Garbage in, garbage out

Computer-controlled devices vs humans: breaks/holidays

Work continuously without breaks, holidays, or sick leave

Ways computers conserve paper

Email, digital magazines/e-books, electronic documents

How computers reduce communication costs

Email, messaging, video conferences (no postal/travel costs)

Electronic storage advantage for documents

Instant retrieval using search functions

Computer accuracy w/ correct input vs humans

Far more accurate results

Computer speed vs human processing time

Seconds vs hours for same task

Economic benefit of smartphones

Consolidate multiple functions into single efficient device

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