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Information Technology is not a commodity. Information Technology is a service and that is why in some global stock indexes, IT stocks are classified under the service sector.

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Q: Is Information Technology a commodity
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Related questions

Why do you consider information as a commodity?

Information can be considered a commodity because it is valuable and can be bought and sold on the market. With the growth of digital technology, there is a high demand for information, and individuals and companies are willing to pay for access to it to gain a competitive advantage. This has led to the rise of data brokers and monetization of personal information.


How can information be a commodity?

Anything an individual or group posesses, which, in turn, is perceived by another individual or group to be valuable, is a commodity.


How can it be information a commodity?

Anything that has worth can be a commodity; think of all the government secrets other governments want to know.


Where can one find out more on commodity futures options?

If you want to find out more information about commodity futures options then you can go to the website Commodity World which is a free site where you can do research.


Which financial company provides commodity trading information?

Thomson Reuters provides a large amount of information in commodity trading. they provide an insight in several fields and they include guides in each of them.


What is information and technology traning?

Information and technology training is studying courses related to information technology.


What is the full form of ICT?

ICT stands for Information & Communication Technology.


What is full meaning of ict?

Information communication technology


What does IT stand for in computers?

Information technology


Where can one find information about best stocks commodity?

Information about the best stocks commodity can be found on Investopedia, Traders, Bloomberg, Business Week, Bar Chart, Nasdaq, Trading Charts and Seeking Alpha.


Is information Technology in Abuja?

is information technology in university of Abuja


Does information technology makes you lonely?

information technology such as internet