The field of management is presently experiencing information overload.

With the advancement of technology and increase in data, the field of management is presently experiencing information overload. There is an abundance of data being generated every day, and managers are trying to cope up with it by using various tools and techniques. This has led to a situation where managers are often overwhelmed by the sheer amount of information available to them and find it challenging to make sense of it all. Therefore, it can be concluded that the statement is true.