Aditi Patgaonkar

UNIT – I Chapter – 4              IT Development Trends Major areas of   IT applications in Management Functional areas are teams of employees who have similar skills and expertise. Management is the ‘brain’ of your business operations. Functional management is focused on the execution of a specific organizational task within functional areas, through organizing and leading an organization’s talent. Functional managers have a high level of technical knowledge and skills relative to the area they manage and focus their efforts on achieving best practices. There are five main functional areas of management: ·         Human resource management: Human resource development or personnel management or manpower management is concerned with obtaining and maintaining of a satisfactory and satisfied work. It is a specialized branch of management concerned with ‘man management’. The recruitment, placement, induction, orientation, training, promotion, motivation, performance apprai

What is MIS? MIS is the use of information technology, people, and business processes to record, store and process data to produce information that decision makers can use to make day to day decisions. MIS is the acronym for Management Information Systems. In a nutshell, MIS is a collection of systems, hardware, procedures and people that all work together to process, store, and produce information that is useful to the organization. The need for MIS The following are some of the justifications for having an MIS system Decision makers need information to make effective decisions. Management Information Systems (MIS) make this possible. MIS systems facilitate communication within and outside the organization – employees within the organization are able to easily access the required information for the day to day operations. Facilitates such as Short Message Service (SMS) & Email make it possible to communicate with customers and supp