Identify How Information Technology Differs from Information Systems

question 29

Multiple Choice

Identify how information technology differs from information systems.

• A)You can buy information technology, but not information systems.
• B)People are an important component of information technology, but not of information systems.
• C)Information systems form a subset of information technology.
• D)Unlike information systems, information technology is used for producing information.

---

Definitions:

Price Inflation

The rate of growth in the overall price levels for goods and services, cutting down on purchasing capacity.

Real Price

The cost of a product or service once inflation has been taken into account, showing its true ability to purchase.

Arbitraging

The practice of buying a product or asset in one market and selling it in another to profit from a difference in price between the two markets.

Transportation Costs

Expenses involved in moving goods or services from one location to another.