THE EFFECT OF COMPUTERIZATION ON THE GROWTH, VIABILITY AND PROFITABILITY

The main purpose of this project is to study the effect of this project on the growth, viability and profitability of First Bank Plc.  To achieve this objective successfully.

The researcher has to take into consideration the meaning of computer as an electronic devices.

The researcher also has to consider the misconceptions about computer.  It is seen as a tools of estimation of the amount of work involved and hindrance to computer application ion first bank Plc.

The effect of computerization, growth liability and profitability in First Bank can be said to bring reduction in administrative cost and staff level and introduction of disciplinary measures which has led to increase in efficiency.

The conclusion reached was that certain problems are encountered by First bank in computerization.

Then some useful recommendation that could solve the problems of computerization on the growth, viability and profitability in First bank Plc.

TABLE OF CONTENTS

Title page                                                                                 ii

Approval                                                                                 iii

Dedication                                                                               iv

Acknowledgement                                                                             v

Proposal                                                                                  vi

Table of content                                                                      vii

CHAPTER ONE

1.0     introduction                                                                             1

1.1            background of the study                                                          2

1.2            statement of the problem                                                         3

1.3            purpose/objective of the study                                                5

1.4            significance of the study                                                6

1.5            limitation of the study                                                   8

Reference                                                                       14

CHAPTER TWO        

Review of related literature                                                     15

2.1    What is computer?                                                                  20

2.2    Types of computer                                                                  21

2.3    Need for computer                                                                  23

CHAPTER THREE             

Research design and methodology                                          25

3.1            Sources of data (secondary data)                                   25

3.2            Location of data                                                             28

3.3            Method of data collection                                              29

Reference                                                                       30

CHAPTER FOUR      

4.1            Finding                                                                          31

CHAPTER FIVE                                                                           

5.1            Recommendation                                                           33

5.2            Conclusion                                                                     33

Bibliography                                                                  37

CHAPTER ONE

1.0     INTRODUCTION

1.01   HISTORY

Since creation, there has been quest by man to improve on the quality of his life and existence.  This ever-increasing quest has been necessitated and propelled by the simple need to address the challenges posed by his environment.  Borne out of this need, a number of inventions have been made in virtually every field of human endeavour.  The computer is one of the most spectacular of such invention. It is a fool specially made for computation.

The development of computer can be traced back to over 5000 years ago when Chinese invented the ‘Abacus’, and the pathgros system of culmination early Egyptian civilization.  There after various oother computation were develop.  These ranged from manual devices such as the slide rule to purely mechanical device and in most recent time electronic machines.  The electronic computer was developed in 19th century.

Today, the computer is prevailing in its effect and use.  In combination with telecommunication devices, the computer is functionally reducing the world to a global electronic village in which space is no longer a barrier to the exchange of data and information when computer first came to existence the vast majority of people including educated ones knew little about it.  It ease a mysterious tool to many, those who do not take time to find out how it works continue to regard it as a supernatural tool handed to man from above.

Computer has found application in virtually all field of human endeavour including Art, business, Education, Engineering, Medicine, science and in banking sector.  Where I  have taken a key study on effect of computerization in its operations.

1.1            BACKGROUND OF THE STUDY

The computer has taken a greater role in financial institution today especially in first Bank of Nigeria Plc.

The first bank of Nigeria Plc which was established since 100 years age, have undergoes some metamorphosis in the system of operation records of the money it received and paid to customer, have been improve into a computerized system.

The system of data collection has been improved through the system of E.F.T networking, E-net work and world wide used information

Today, the first Bank Plc proudly the most effective bank in the country in data information and banking operation.

Although the effect of computerization in firt bank plc can be said to brought reduction in administrative cost and staff level and introduction of positive discipline which has let to increase in efficiency.

Moreover,  First bank owned the biggest Assets in the financial institution making its liability very profitable.

1.2            STATEMENT OF THE PROBLEM

We tend to ascribe human qualities to computer because they display these qualities more than any other machine.  They also manage to give impression that, they put their minds to it.

Research estimated that as many as one third of information workers among professionals and financial managers one “cyberphobes” who resent computer, they mistrust the computer especially when they are told they have to use it in their work.