21) Recent research on business information technology investment indicates that firms that support their technology investments with investments in complementary assets receive superior returns.
22) The value of investments in information technology depends to a large extent on complementary investments in management and organization.
23) The study of information systems is a single disciplinary field.
24) Issues such as strategic business integration, design, implementation, utilization, and management are explored fully with the models used in the technical approach.
25) The study of management information systems (MIS)
arose to focus on the use of computer-based information systems in business firms and government agencies.
26) Developing a new product, fulfilling an order, and hiring a new employee are examples of business processes.
27) A fully digital firm produces only digital goods or services.
28) A business model describes how a company produces, delivers, and sells a product or service to create wealth.
29) Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives, whereas information systems consist of all the software and business processes needed.
30) Computers are only part of an information system.