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QUESTION 3 Latest and Greatest it seems as though no matter what computer you purchase, it will be out of date in a year or two. This assertion is based on the hardware, operating system, and memory requirements specified on the packaging of the latest and greatest that may need to remain productive at the job. Submit one-page summary of your point of view in a MS Word file, single spaced with a font size of 14 on the statement below: You do not need to purchase a new system every two years, because the hardware is upgradable and allow for the replacement of the CPU the insertion of additional memory. Besides, the idea that someone would have to continually purchase the latest and greatest version of a program is absurd. In the most cases, the increase in the marginal utility of these program does not even justify the software purchase price, let alone the cost of the required hardware upgrades. [25 marks] QUESTION 4 Information overload as the ability of the computer to process data and generate information continue to improve, and the number of systems that generate information continues to grow, we are increasingly becoming overwhelmed by information. Much of the time, it seems a though we already generating more information than we can use to make a decision, and that additional information only tend to confuse and slow down the decision-making process. An analogy is a restaurant that produces a menu with too many selections. The more time customers spend looking at the menu trying to decide what they would like to eat; the less money the restaurant makes they end up with less time to serve additional customers. It could be argued that additional information leads to a better decision, but at what point is the additional information counterproductive? Submit one-page summary of your point of view in a MS Word file, single spaced with a font size of 14 on the statement below: You can never have too much information. The human information processing system can discern the relevant from the non-relevant information that a computer system generates and thus it is important to gather as much information as possible. If you limit the amount of the information collected, you run risk of being misinformed and his could lead to bad decisions. [25 marks