Question

What do you mean by information resource management in technology in banking?

Answer 1

In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Such resources may include financial resources, inventory, human skills, production resources, or information technology (IT) and natural resources.

Answer 2

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Experts describe IRM as the process of managing the life cycle of data sets, from their creation to their use in IT architectures, and on to archiving and eventual destruction of non-permanent data.