Management of an organization determine or set the ways in which the operations of a business are going to be carried out. Different types of management include strategic management, sales management, marketing management, public relations, procurement management, financial and accounting management and finally design management. There are different departments under which they have different staffs. In an organization there are different levels of management this starts with the senior most and the junior most level of workers who perform different activities. Use of information technology in business management has greatly improved this sector. A computer is a programmable machine that is both electronics and digital, it is a device that is used to process data in binary form according to instruction given to it in a viable program. Computers can be installed with software’s are programs or instructions that enable the computer to specific tasks depending on the type of the organization . Computers have wide application in todays world they are used everywhere because they are fast hence increase in productivity, can store large amount of information and its easy to retrieve the information, they help automate, saves time, keeps people entertained.
In early days management was so hard since it was done by human and as it is said man is to error. The use of computers has greatly improved this sector simply because it is fast it is accurate the system has high storage capacity and also it is safe to store documents in a computer.
Every system or software is designed in order to carry out certain specific tasks. Most of the businesses have employed information technology experts who help develop programs if the need arises this helps the computers to process complex data. Computers are now being used in every sector be it in hospital, transport industry, schools, manufacturing industry among others and now those activities were being performed manually are now being done by the computers.
employees play a very important role in every business this is because they carry out the main activities of transferring materials into finished goods. Compensation plan in a business contain detail of all levels of workers including their salaries, bonuses, wages, other benefits , incentives and commissions which differ from one business to another. This is the computation of payment or wages to employee who work in a business. A good renumeration system are; it should be fair for both employees and employers, It should ensure that the amount paid is comparable to the work done, it should also include adequate incentives to keep the workers motivated. There are different methods of labor renumeration including; time based system, performance based system which is divided into piece work rate, profit sharing incentive bonus plan among others. There are softwares available to buyers where computation have been put into one program that produces the salary of employees automatically into a single package known as MarketPowerPRO.
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