Information Technology Refers to Any ___-Based Tool That People Use

question 27

Short Answer

Information technology refers to any ___-based tool that people use to work with information and to support the information and information-processing needs of an organization.

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Definitions:

Implied Warranty

An unwritten guarantee that the product or service being sold is fit for its intended purpose.

Express Warranty

A promise or guarantee made by a seller about the quality, function, or performance of a product, explicitly stated in the contract or sales agreement.

Fitness For Purpose

A condition ensuring that a product or service meets the specific criteria or intended use defined by the buyer or contract.

Market Share Theory

A concept in business and economics referring to the percentage of an industry or market's total sales that is earned by a particular company over a specified time period.