Assignment on Will Computers Really Decentralized the economy

"Will Computers Really

Decentralize the

Economy"?

Introduction:-

The term decentralization is a

process of dispersing decision

making governance closer to

the people or citizens.

Computer decentralization

means when a computer

communicates with

autonomous computers to

perform the same task. In the

present scenario economy is

more computers decentralized

as the price of the hardware,

software has decreased. Almost

all the organizations are

adopting computer resources as

a central facility. There are

various examples of

decentralization like electronic

financial systems and

institutions, business and

governments.

Discussion:-

The structure of computing is

just one aspect of structure of

the organization. If the

computers distribute correctly

then the decentralization

system allows more flexibility

for growth of capacity and

functions in the organizations.

The computers serve as a tool

for global communication

where the export and import of

manufactured goods between

and among countries

businesses are being arranged

as communication through

electronic mails or emails travel

as fast as the speed of light.

Take the giant American

retailer Wal-Mart. Today, it

enjoys a competitive advantage

because of its superb

computerized supply-chain

management, which gives it

sophisticated control of its

supply chain at a low cost per

item sold. Moreover, the

Sunday Times who has tried to

run an Internet magazine or

who compares the times

lifestyle and culture sections

with what gets printed in

regional newspapers, will be

forced to admit this is true. In

this lies the times true

remaining competitive

advantage. As in the climate

change crises there has been

abrupt evidence that the State

is failing to effectively manage

our environmental resources.

Decentralization offers an

alternative solution as theory

states. It aims to increase

popular participation to

promote more equitable and

efficient forms of local

management and development

that key to effective

decentralization is increase

broad-based participation in

local public decision making

Lastly, as the cost of the

hardware are cheaper which

allows decentralization by the

lower level managers. Computer

advances make easier to

aggregate vast numbers of

things, like retail purchases at

Wal-Mart, are a centralizing

force, when this aggregation

does something economically

useful, like enable the

development of an existing

economy of scale.

Conclusion:-

The advent of computers has

markedly improved our

economy and standards of daily

living as business, commerce

and global trade has flourished

at unprecedented rate over the

past decades. The statement the

computers really decentralized

the economy because it has

significantly increased the

utilization of resources which in

turn resulted to a big deluge of

output.

References:-

1.) Decentralization, from

Wikipedia

2.) Will computers really

Decentralized the economy by

Ian Flecther

Submitted to: -

Mr. Gurdeepak Singh

Submitted by:-

Ishtpal Singh Ahluwalia

MBA-1^st semester

Question no:- 30