Using the five-component model, explain the difference between IT and IS. Explain why you can buy IT, but you can never buy IS. What does that mean to you, as a potential future business manager?
Information Technology (IT) and Information System (IS) are two different things but IT comes under IS only.
Information System is such a type of a platform which manages information regarding technology and technology products. IS is a study of technology related information with such references that help people, organizations etc to collect data, process data, create and also to distribute data. For all this IS plays an important role.
Information Technology on the other hand uses the information provided by the IS and helps in technological storage and transfer. IT thus comes under IS only.
Using the five-component model, the difference between IT and IS are as follows :-
Yes, it's true that one can buy IT but not IS. This is because of the reason that IT works through the components of IS and with the help of the components services are produced and thus due to this service money comes in. One may buy the end product but one can't buy the knowledge applied to make that product. Money value is on tangible things like end products but to make the product the knowledge applied is intangible which no one can buy. Thus here, IT is the end product and IS is the knowledge used. IS is a study of information technology.
As a potential future business manager, services by IS and IT is a very good and growing business in the market. IT and IS is the core service which is required by almost all big enterprises in this era of globalization. For IT, computer science plays an integral part to establish the role of IT ans IS. So, definitely , it's demand is huge and thus makes it a successful opportunity.
Using the five-component model, explain the difference between IT and IS. Explain why you can buy IT, but you can never...
1. What is the difference between "nominal" and "real" national income? 2. Explain the "business cycle" and its relevance to macroeconomics 3. Explain the concept of "full employment". Does this mean there are no unemployed persons in the economy? Why? How does the "consumer price index" measure inflation and why is this important? What is the difference between "growth" and "fluctuations" and why is this important? 4.
Explain the difference between unique risk and market risk Explain what diversification is; can you diversify unique risk, market risk, or both? Is standard deviation a measure of total or relative risk? The capital asset pricing model has a parameter called beta, explain what beta measures. Is it true that higher asset volatility should imply higher returns? The S&P 500 is a very diversified portfolio, if diversification helps lower risk, why is it that it fell by around 40% during...
In scala, Can you explain what is the difference between them, and why the first one use "() => Int", and second one use "Int => () => Int" 1. val constant5 : () => Int = { ()=>5 } 2. val constant : Int => () => Int = { (n :Int)=>(()=> n ) }
A purchasing plan can mean the difference between success and failure of a small business. Why is it important to develop a purchasing plan? What should be included in a purchasing plan?
4. Explain why the kinetic and potential energies of an object-spring system can never be negative.
Question 1 Why can you never have 100% confidence in correctly estimating the population characteristic of interest? When are you able to use the t distribution to develop the confidence interval estimation for the mean? Why is it true that for a given sample size, n, an increase in confidence is acheived by widening (and making less precise) the confidence interval? Why is the sample size needed to determine the proportion smaller when the population proportion is 0.20 than when...
a. Explain the difference between Profitability Ratios and Current Ratios. If you could only see one or the other when analyzing a business which would you choose and why? b. Explain the difference between Equity Financing and Debt Financing. If you were a business owner and wanted to raise money to expand your business, would you choose Equity Financing or Debt Financing and why?
Question 1 Outline the difference between " real business cycle model " and " new classical model " in examining the relatioship between money and output in the short run. (10 marks) Explain the early Keynesian's structure model evidence and explain why monetarist objected to Early Keynesian's findings. (9 marks)
Can you explain what the difference is between direct learning activities and indirect learning activities?Can you explain what the difference is between direct learning activities and indirect learning activities?
can someone explain to me why this is a call? And why I wouldn’t buy a put? Option exercise Paulo is a currency speculator for Allianz (Germany). His latest speculative position is to profit from his expectations that the US Dollar will fall significantly against the Euro. The current spot rate is USD 1.09663/EUR. He must choose between the following 90-day options on the Euro: OPTION STRIKE PRICE PREMIUM Put USD 1.1250/EUR USD 0.00005/EUR Call USD 1.1250/EUR USD 0.00062/EUR Should...