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Questions and Answers

What role do complementary assets play in information systems?

  • They limit the functionality of information technology.
  • They are necessary for enhancing the potential of information systems. (correct)
  • They are irrelevant to the value of information systems.
  • They increase costs without raising productivity.

    • How has the investment in information technology changed from 1999 to 2017?

  • It remained constant over the years.
  • It grew from 21% to 33% of all invested capital. (correct)
  • It rose dramatically over 50% in the same period.
  • It decreased significantly to less than 15% of invested capital.

    • Which of the following accurately describes a way information systems are transforming business?

  • They increase the reliance on printed media.
  • They restrict access to information for consumers.
  • They are making traditional business models obsolete without offering replacements.
  • They facilitate better communication and efficiency in operations. (correct)

    • What percentage of the American population uses mobile phones as of the latest data?

    <p>81%</p> Signup and view all the answers

    Why are social networking tools important for businesses today?

    <p>They help connect employees, customers, and managers globally.</p> Signup and view all the answers

    What trend has been observed regarding online newspaper readership?

    <p>It is growing at a rate of 10% annually.</p> Signup and view all the answers

    Which of the following statements best describes the impact of smartphones on business?

    <p>They have become essential tools for connecting with customers and colleagues.</p> Signup and view all the answers

    How do businesses utilize information technology to meet changing customer demands?

    <p>By sensing and responding quickly to market changes.</p> Signup and view all the answers

    What was the number of monthly visitors Facebook attracted in the United States in 2018?

    <p>214 million</p> Signup and view all the answers

    Which of the following is an example of information technology innovation in businesses?

    <p>Online social networking</p> Signup and view all the answers

    In what year did mobile e-commerce hit $229 billion?

    <p>2017</p> Signup and view all the answers

    What significant change has occurred in the way businesses manage their operations?

    <p>Management is going mobile</p> Signup and view all the answers

    What significant effect did Netflix have on the distribution of premium video?

    <p>Changed how premium video is distributed</p> Signup and view all the answers

    Which social media platform is mentioned as a significant example of e-commerce in the 21st century?

    <p>Twitter</p> Signup and view all the answers

    What was the estimated revenue from internet advertising in the United States in 2018?

    <p>$107 billion</p> Signup and view all the answers

    How are traditional firms enabled to create new products and services?

    <p>Using information technology innovations</p> Signup and view all the answers

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