Computers and finance
Computers have made financial bookkeeping much easier, and people no longer have to spend hours tracking investments or pay someone else to do their taxes. Moreover, the advancement in technology has allowed governments to cut back on the number of big companies and employees hired to process tax returns, resulting in the saving of millions of dollars. Although these advancements are extraordinary, they are not without their shortcomings. The IRS has had increased trouble in tracking fraudulent tax returns, and has had to revamp its detection system. The most surprising part of Microsoft's current purchase of Intuit, the maker of the Quicken line of personal finance software was not the $1.5 billion price, which was fifty percent over the market value (Schlender 14). It was not even the fact that Bill Gates, America's richest entrepreneur, is in a position to become America's richest banker (14). The most surprising thing was that it did not happen earlier (14). For years Gates has had a dream of putting "electronic commerce at the core of personal computing," and now he finally has the software to accompany that dream (14). His idea includes a "Wallet PC" that can be carried around with people at all
Every day there is an increasing number of companies that join the electronic world of business. Companies spend millions of dollars a year to setup and maintain a website designed for e-business. Why are they willing to spend so much? Most business people have a good knowledge of how and why business works. It is not hard to see that there is a huge market in e-business. With the price of computers going down each day, more and more people have the opportunity to get in on their piece of cyberspace. I noticed that they offered online banking free of charge, so I figured The New York State Department of Taxation gave Fleet Financial Group a $197 million contract to handle computerized tax collections and refunds for the next ten years (63). This contract does not totally ignore the traditional outsourcing company because Computer Science Corp. (CSC) of There are many reasons why a potential customer will either like e-business or will not. I believe the main reason most people like e-business is the ease in which they can get what ever they want, when ever they want it. Anyone with a valid credit card can go to a site such as www.amazone.com, and order anything they want at any time of the day. Within a few days (depending on the method of shipping chosen) their order will arrive at their front door. The problem with shopping online is, because you are not bound by geography, the company you bought from could be on the other side of the world. They have to send you the product.
Some topics in this essay:
Background Information,
Security Information,
Regarding E-business,
Personal Experience,
Internet Explorer,
National Laboratory,
Portable Software,
Pocket Quicken,
According IRS,
Finance Computers,
online banking,
credit card,
electronic commerce,
pocket quicken,
20 pocket quicken,
personal information,
20 pocket,
shopping cart,
tax returns,
40-bit encryption,
fleet financial,
commerce electronic commerce,
electronic commerce electronic,
portable software 20,
domain name webspace,
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Approximate Word count = 4047
Approximate Pages = 16 (250 words per page double spaced)
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