Complete the statement: “_____ is, and always has been, wealth.” In MIS terms, computers help us obtain and leverage this form of wealth.

Introduction / Context:
In the information economy, the value of an enterprise increasingly depends on how effectively it converts data into information and then into action. The aphorism “Information is wealth” captures the idea that actionable, timely, accurate information confers competitive advantage, reduces risk, and enables better decisions. This item asks you to complete that well-known statement.

Given Data / Assumptions:

• “Data” are raw facts; “information” is processed, contextualized data useful for decisions.
• Computers assist by processing, storing, and distributing information.
• We seek the term aligned with value creation, not merely raw inputs or tools.

Concept / Approach:
Wealth arises when organizations transform raw data into information that managers and systems can use to improve outcomes. Information underpins forecasting, optimization, and innovation. Therefore, the appropriate completion is “Information.”

Step-by-Step Solution:

Verification / Alternative check:
MIS frameworks (DIKW: Data → Information → Knowledge → Wisdom) position information as the first value-adding transformation beyond raw data.

Why Other Options Are Wrong:

Common Pitfalls:
Treating all data as inherently valuable; value emerges after validation, organization, and interpretation.

Final Answer:
Information