2026 SOLVED QUESTIONS AND ACCURATE
ANSWERS GRADED A+
● Business Model. Answer: Describes how a company creates, delivers,
and captures value, including its customers, revenue streams, and cost
structure.
● Business Processes. Answer: A series of structured activities or steps
designed to produce a specific business outcome, such as order
fulfillment or payroll processing.
● Culture. Answer: The shared values, beliefs, and norms within an
organization that influence employee behavior and how technology is
used.
● Digital Firm. Answer: An organization in which significant business
relationships, processes, and assets are digitally enabled and managed.
● Data. Answer: Raw, unorganized facts and figures without context.
● Information. Answer: Data that has been processed, organized, or
structured to provide meaning and usefulness.
, ● Input. Answer: Raw data entered into an information system.
● Processing. Answer: The transformation of input data into meaningful
information.
● Output. Answer: The final product of an information system, such as
reports or documents.
● Feedback. Answer: Output that is returned to the system to help
evaluate or improve future performance.
● Information System. Answer: A set of interrelated components that
collect, process, store, and distribute information to support decision-
making and control.
● Information Technology (IT). Answer: All hardware, software,
networks, and data management technologies used to process
information.
● IT Infrastructure. Answer: The shared technology resources that
provide the platform for information systems, including hardware,
software, networks, and databases.
● Computer Hardware. Answer: The physical equipment used in
computing, such as computers, servers, and printers.