Final answer:
A world class information system typically leads to very little paper production due to the adoption of digitization, electronic document management, and advanced information processing technologies.
Step-by-step explanation:
When considering whether a world class information system produces very little paper, the statement can be seen as true.
The contemporary trend in information systems is toward digitization and the use of electronic documents, which significantly reduce the need for physical paper. Such systems often rely on databases, cloud storage, and digital communications that facilitate paperless workflows and document sharing.
Moreover, advancements in areas like big data analytics, machine learning, and artificial intelligence contribute to the reduction of paper usage, as they enhance the ability to process and analyze information effectively without requiring physical printouts. The drive towards environmental sustainability also pushes organizations to adopt such systems to minimize paper waste.
This statement is true.