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With all of the advantages of OOP, why is a procedural language like COBOL still the most prominently used language in business today?

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With all of the advantages of OOP, why is a procedural language like COBOL still the most prominently used language in business today? Please support your answer from the literature

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Solution Summary

The advantages of OOP and procedural language of COBOL is examined.

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Many programmers today realize that other programming languages should overtake COBOL in popularity and scope. However, the fact remains that the vast majority of business applications, such as ATM machine software, credit card software, and even banking software are all based on COBOL. There are a number of reasons why COBOL has maintained such popularity:

1. Scope. COBOL was the most popular programming language in the 80s and thus, many companies used COBOL ...

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