The effectiveness of management of any type of organization depends largely on the effectiveness of the decisions made at the various levels of the organization, their timeliness, resourcefulness and efficiency. New developments in information technology offer opportunities for greatly improving the decision making and as a result operational processes at all levels of an organization. New real time information management systems permit delegation of many decision management functions to the lowest competent level in an organization and thereby not only eliminate the need for some middle management or intermediate functions, but also assure much more responsive and informed operational management.
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