Question: Please answer the following question: Questions: Describe how information systems have changed the way businesses operate and their products and services. Describe the challenges and

Please answer the following question:

Questions:

  1. Describe how information systems have changed the way businesses operate and their products and services.
  2. Describe the challenges and opportunities of globalization in a "flattened" world.
  3. List and describe six reasons why information systems are so important for business today.
  4. Define an information system and describe the activities it performs.
  5. Distinguish between data and information and between information systems literacy and computer literacy.
  6. Explain how the Internet and the World Wide Web are related to the other technology components of information systems.
  7. Define complementary assets and describe their relationship to information technology.

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