What are the Impacts of information systems on management functions?

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IT and Management

Information technology (IT) has changed the way the world does business and has had a great affect on traditional management functions. Management no longer has to rely on manual processes and a paper trail to perform everyday transactions. IT has automated many of these key management activities. For instance, e-mail has accelerated communication while the Internet allows instant access to branch offices, bank accounts and information. While beneficial, IT has also created a host of new challenges, such as data security and compliance. Because of the explosion of electronic data, many executives are feeling the pressure to better manage critical information.

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