Impact of Information Technology on US Businesses
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Questions and Answers

What was the approximate total amount spent by American businesses on information systems hardware, software, and telecommunications equipment in 2017?

  • $2 trillion
  • $1 trillion (correct)
  • $143 billion
  • $500 billion

    • Where does most of the business value of IT investment come from according to the text?

  • Consulting services
  • Organizational, management, and cultural changes inside firms (correct)
  • Global economy changes
  • Technological advancements

    • How much did private business investment in information technology grow from 1999 to 2017?

  • From 10 to 25 percent
  • From 21 to 33 percent (correct)
  • From 5 to 15 percent
  • From 35 to 40 percent

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