Information Technology (IT)consists of All the Hardware That a Firm

question 7

True/False

Information technology (IT)consists of all the hardware that a firm needs to use in order to achieve its business objectives,whereas information systems consist of all the hardware and software needed.

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Definitions:

Scarce Resources

A condition where the demand for resources exceeds the supply, leading to competition and conflict.

Sherif

Refers to Muzafer Sherif, a psychologist known for his work on social norms, and the realistic conflict theory.

Social Identities

The aspects of an individual's self-concept derived from perceived membership in social groups such as nationality, ethnicity, religion, or gender.

Group Membership

The state of being a part of a collection of individuals who share certain characteristics, goals, or interests.