Describe the Role of Information Systems,the Different Types of Information

question 106

Essay

Describe the role of information systems,the different types of information systems,and how businesses use such systems.

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Definitions:

TAM (Total Available Market)

Refers to the total market demand for a product or service, representing the maximum amount of revenue a business can potentially generate by selling their product or service in a specific market.

SAM (Serviceable Available Market)

Refers to the segment of the TAM (Total Available Market) that your product or service can reach and serve.

SOM (Share Of Market)

The percentage of an industry or market's total sales that is earned by a particular company over a specified time period.

Improvise Pauses

Adapting or creating moments of silence or breaks spontaneously in a performance or speech.