Garbage In Garbage Out

Topics: Bank / Pages: 17 (4142 words) / Published: Mar 27th, 2011
CHAPTER ONE
1:1 INTRODUCTION
It is globally belief that the computers are able to provide useful information if properly fed with a reasonable input or it will result in “Garbage in Garbage out”. The use of computer to carry out a very wide range of activities for work, study and leisure has become part of our everyday life. It is no longer something that you may want to use if you are interested; rather like motor car it is an essential part of our lives. We are constantly told that anyone can use a computer, and o some extent this is true. As we became more and more upon technology this will not be enough.
Computer in commercial and industrial settings have been around for several decades, nothing new about that. What is new however is the availability of computing power at modest cost to managers and workers throughout business organization and banking industries.
However, in the banking industry computer has been used in various areas carrying out their day-to day activities. Thanks for the introduction of microcomputers, the power to retrieve and process data no longer belongs exclusively to computer specialist. 1:2 STATEMENT OF THE PROBLEM
Modern technology have brought about the use of computer system in all areas of our human Endeavour’s, in Nigeria and other African countries workers sees this as an attempt to rep[lace them and to result them into mass retrenchment or loss their jobs. They always believe that where computers are installed will require less human effort to perform the desired operation. The problem of this study can be stated as; does the computer effectively assist in the banking sector?
1:3 OBJECTIVE OF THE STUDY
In this perspective the objective of this study is to know the merit of introduction of computer services into banking industries.
i. Computer take a lesser time in dealing with laid down projects, assignment and acquisition. ii. It is much reliable and also save time. iii. It also provides easy



References: 1. BRITHTMAN, RECHARD W (1993) Using computer in an information age Delmar publishers Inc. (page 140-160) 2. FRENCH, C.S (1989) Computer science third edition great Britain DP publication. (page 90-96) 3. LAURA GREENE (1983) Careers in the computer industry (A computer-Awareness first book). (page 50-60) 4. http://www.cenbank.org/AboutCBN/history.asp 11th November,2008 5. http://wapedia.mobi/en/Central_Bank_of_Nigeria 17th November,2008

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