Information Technology in US Business

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Questions and Answers

What did American businesses spend nearly $1 trillion on in 2017?

  • Information systems hardware, software, and telecommunications equipment (correct)
  • Manufacturing equipment
  • Transportation and logistics
  • Marketing and advertising services

Where does most of the business value of IT investment come from?

  • Investment in real estate
  • Organizational, management, and cultural changes inside firms (correct)
  • Consumer goods production
  • Healthcare services

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

  • From 35 to 40 percent of all invested capital
  • From 21 to 33 percent of all invested capital (correct)
  • From 5 to 25 percent of all invested capital
  • From 10 to 50 percent of all invested capital

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