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What is Digital Economy (I) : ISMT101 about?

(1) Information technology is a key enabler of globalization by facilitating global communications between businesses through tools like the internet. IT allows companies to communicate information like products, prices, invoices across borders more easily. (2) Digitization leads to lower marginal costs for companies in industries like publishing and banking by reducing production and transaction costs. It also benefits consumers through lower prices and greater convenience. (3) Digitization impacts soc

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