Define the terms globalization and enterprise transformation as applied to business systems in the global economy.

1. Explain the terms supply side technology growth and demand side technology growth and provide examples of demand for information and supply of technology.

2. Define the terms globalization and enterprise transformation as applied to business systems in the global economy.

1. Explain why it is important to understand the value of information in an organization.

2. Outline the three component parts of an information system in a business organization and explain the relationship between these parts.

3. Define and explain what is meant by a virtual organization in the information age.