Final answer:
The missing component in information technology besides computer hardware, computer software, and data management technology is B. networking and telecommunications technology. It enables connectivity and communication in the modern information infrastructure which is critical in a society powered by knowledge and information services.
Step-by-step explanation:
Information technology comprises several key components that work together to manage and process information: computer hardware, computer software, data management technology, and networking and telecommunications technology. The correct answer to the question is B. networking and telecommunications technology, which includes infrastructure such as routers, cables, and wireless signals as well as protocols and services that enable devices to communicate and share information.
Telecommunications has revolutionized the way businesses handle long-distance interactions and transactions, enhancing the modern economy where services like software programming, financial advice, and travel planning can be provided remotely over network connections. This efficient exchange of information echoes how international agreements promote greater trade by reducing barriers.Moreover, the advent of digital technology has witnessed iconic figures such as Steve Jobs and Bill Gates shaping the knowledge-based economy. It's an environment where power is held by those who control the information. The rise of the information society has shifted employment towards service sectors, demanding technical skills as the means for success.