Answer the following questions in your own words. You must provide in-depth answers and thoughtful discussions.

1. Identify and describe the components of computer-based information systems.

2. Describe the five forces in Porter’s competitive forces model, and explain how the Internet has affected each one.

3. What activities of using information technology have you observed that you consider unethical? Why? Present your arguments supporting your claim.

4. Why is it important for business managers to understand the issues of IT resource acquisition?