Importance of database in business administration

Business administration becomes a complex task when activities are multifaceted and widespread. To coordinate and manage all business activities suitably, it is essential for organizations to develop suitable database systems which record all business related information in a meaningful manner. Such information is later on utilized by managers to take important business decisions and to control business activities. Databases are particularly used for formulating reports and communicating the same to external stakeholders. The current research paper is an effort towards understanding how databases facilitate organizational management and administrations. A brief summary regarding the evolution of database in the commercial world has been included. Additionally, the use of databases and their contributions towards managing information has been analyzed.

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