Question

As a modern business manager, you no longer need to be concerned with how fast the computers your company buys are because ________?

1) Moore's Law has proven to be true over the last several decades and the cost of computing speed has fallen dramatically
2) it's more important for future business professionals to be able to assess, evaluate, and apply emerging information technology to business than it is for them to be able to know how to purchase the proper computers for their companies
3) the cost of data communication is essentially zero
4) manufacturers have agreed to make all new computers the same speed
5) there is a multitude of new computer applications designed to assist managers in identifying and purchasing computer equipment for their businesses

Answer 1

Due to Moore's Law and technological advancements, computers are generally fast enough for business needs, and managerial focus should be on applying emerging IT effectively in an information economy.

Step-by-step explanation:

As a modern business manager, you need not be overly concerned with how fast the computers your company buys are, primarily because Moore's Law has shown that computing speed doubles approximately every 18 months to two years, while the costs diminish. Computer hardware capabilities are improving at such a rapid rate that most contemporary computers will meet business needs. Moreover, the focus should be on the ability to understand and integrate emerging information technology within the business context rather than on the specifics of computer speed, which tends to be adequate across the board due to technological advancements.

In the modern information economy, efficiency and adaptability in utilizing technology for business operations are crucial. Access to information and the tools to manipulate it creatively are now highly prized commodities. With telecommunications and the internet facilitating business operations worldwide at ever-lower costs, and software providing support in the procurement and management of computer equipment, managerial concerns have shifted from hardware specifics to strategic application of these resources.