Simplify

question 6

Essay

Simplify.

Acknowledge the advancement of automation and AI in transforming traditional processes and industries.

Analyze the regulatory and ethical considerations in the deployment of IT solutions.

Differentiate between data, information, knowledge, and how IT manages these elements.

Appreciate the evolution of job roles and career opportunities within the IT and IS domains.

---

Definitions:

Earnings Retention

The portion of net income that is retained by the corporation rather than distributed to its owners as dividends.

Discontinues

The process of ceasing production, support, or sale of a product or service.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time.

Continuing Operations

The segments or units of a business that are expected to continue operations into the foreseeable future, as opposed to those segments that are being discontinued or sold.