Why Is Hardware the Only Component of an Information System

question 9

Essay

Why is hardware the only component of an information system that is not affected by the global economy?

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Definitions:

Government Regulation

Rules or directives established by authorities designed to control or govern conduct within a particular domain.

Organizations

Entities formed for a specific purpose, comprising of individuals working together under a defined structure to achieve common goals.

Culture

The sum of attitudes, customs, and beliefs that distinguishes one group of people from another.

Shared Values

Fundamental beliefs or principles that are held in common by a group, organization, or community, facilitating cohesion and cooperative action.