IBM Says New Quantum Processor Could Make Faster Computers

The American technology company IBM says that it has designed a new, very powerful quantum computer processor. The company’s leaders made the announcement Monday. They said the processor, or chip, will lead to quantum systems performing better than traditional computer systems at some tasks within the next two years. Quantum computers use quantum physics to perform difficult computing tasks. IBM said that its Eagle computing chip has 127 qubits. A qubit is a basic measure of quantum information. Traditional computers work using bits of information that represent either 1 or 0. But…

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Financial Management – Meaning, Objectives and Functions

Meaning of Financial Management Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Scope/Elements Investment decisions includes investment in fixed assets (called as capital budgeting). Investment in current assets are also a part of investment decisions called as working capital decisions. Financial decisions – They relate to the raising of finance from various resources which will depend upon decision on type of source, period of financing,…

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