Asked by Taven Lange on Jul 16, 2024

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Which of the following statements accurately describes the impact of information technology on organisations?

A) To compete successfully in an unforgiving business environment, companies must find new and faster ways of sharing critical information and leveraging knowledge resources.
B) More information about more things is being made available to more people in organisations more quickly than ever before.
C) Since knowledge is an irreplaceable resource, organisations should always seek to grow and create intellectual capital.
D) None of the options listed
E) All of the options listed

Information Technology

Information technology pertains to the use and management of computers, software, and networks for storing, retrieving, and sending information, playing a crucial role in communications, data analysis, and business operations.

Intellectual Capital

The intangible value of an organization, including the skills, knowledge, experience, and relationships of its employees.

Knowledge Resources

The information, expertise, and skills that individuals or organizations possess, which can be leveraged to make decisions, solve problems, and create value.

  • Understand the impact of information technology on organizations and management.
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Jennifer SchrollJul 18, 2024
Final Answer :
E
Explanation :
Options A, B, and C accurately describe the impact of information technology on organizations by highlighting the importance of rapid information sharing, the increased accessibility of information, and the value of intellectual capital.