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Firms are in the midst of many profound modifications: The quantity of information available and the speed of producing new information has been increasing rapidly for years, and business fashions in addition to process enhancements increasingly rely on data and analytics. Citation needed Nonetheless, many individuals refer to university departments that educate management as ” business colleges “. Some such establishments (such as the Harvard Business School ) use that name, whereas others (such as the Yale School of Management ) employ the broader term “management”.