Explanation:
Information consists of data that has been organized to help answer questions and to solve problems.
An information system is the software that helps organize and analyze data. The purpose of an information system is to turn raw data into useful information that can be used for decision making.
Answer:
Option D is the correct option
Explanation:
The bargaining power of the supplier is only high when the products of other supplier are not highly differentiated, presence of fewer suppliers of the product, fewer substitutes are possible and the costs of the existing supplier are high (Rivalry would be low). All this constitutes to competitve advantage to a firm if its product possesses differentiation, its products can be substituted, possesses greater control over costs, etc. So the only option that matches this criteria is option D.
Answer:
information technology
Explanation:
Information technology is the study of systems for the sake of storing transforming and extraction of information. It includes the software and hardware for storage and transformation and retrieval of of information. All other information relates to the analysis and management of information which does not involve the hardware.
<span>An economic system is a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area.</span>
Answer:
increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output.
Explanation:
In the case of New classical economists, if there is an increase in aggregate demand i.e. non expected would rise the level of price and real output. After this decrease the aggregate supply i.e. short run in order to get the economy return to the full employement output level
Therefore as per the given situation, the first option is correct
And, the rest of the options would be incorrect
