Question: 1. List and describe the problem-solving steps for building a new information system. 2. Describe the advantages and disadvantages of developing information systems based on

1. List and describe the problem-solving steps for building a new information system.

2. Describe the advantages and disadvantages of developing information systems based on application software packages.

3. Define outsourcing. Describe the circumstances in which it should be used for building information systems. List and describe the hidden costs of offshore software outsourcing.

4. Explain how businesses can rapidly develop e-business applications?

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