The Evolving Global Economy
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Questions and Answers

How much will American businesses spend on information systems hardware, software, and telecommunications equipment in 2012?

  • $650 billion
  • $1.19 billion
  • $1.19 trillion
  • $540 billion (correct)

Between which years did private business investment in information technology grow from 32 percent to 52 percent of all invested capital?

  • 1980 and 2020
  • 1990 and 2010
  • 1980 and 2011 (correct)
  • 1990 and 2020

What is the main focus of the $650 billion that American businesses will spend on business and management consulting and services?

  • Purchasing information systems hardware
  • Redesigning firms' business operations (correct)
  • Improving telecommunications equipment
  • Investing in information technology

What is the potential outcome if managers make wise choices regarding their firm's investment in information technology?

<p>Their firm can outperform competitors (D)</p> Signup and view all the answers

What is the potential outcome if managers make poor choices regarding their firm's investment in information technology?

<p>They will waste valuable capital (B)</p> Signup and view all the answers

What percentage of all invested capital did private business investment in information technology grow to between 1980 and 2011?

<p>52 percent</p> Signup and view all the answers

What are American businesses expected to spend on information systems hardware, software, and telecommunications equipment in 2012?

<p>$540 billion</p> Signup and view all the answers

How much are American businesses expected to spend on business and management consulting and services in 2012?

<p>$650 billion</p> Signup and view all the answers

What is the potential outcome for firms that make wise choices regarding their investment in information technology?

<p>They can outperform competitors</p> Signup and view all the answers

What is the potential outcome for firms that make poor choices regarding their investment in information technology?

<p>They will be wasting valuable capital</p> Signup and view all the answers

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