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The Wall Street

‘’When Wall Street catches cold, the global financial market sneezes’’, such is the impact of the Wall Street on the world. Wall Street, although occupies only a small portion in the Manhattan area, but its clout extends worldwide. Wall Street is a collective term used for the numerous parties that are involved in the investment and financial industry of the United States. However, the impact of these parties is so large that any movement in the Wall Street affects the global financial system. The reason for such a magnified effect of the Wall Street is because it is the Continue reading...

Components of an Information system

Components of an information system include all the elements that help in data processing. Before data can be processed, its first collected and stored. Processed data is called information (Kirikova, 2002). Information is disseminated to various users for various purposes. The four components of an information system are hardware and software, databases, human resources and telecommunications.

Information system hardware is the computer machine itself. A computer has input components, output components, storage components and processing components. Computer software refers to application and operating systems of a computer system. An application system helps the user to achieve certain tasks while Continue reading...