Management Information Systems, 12e (Laudon)Chapter 3 Information Systems, Organizations, and Strategy1) An adhocracy is a knowledge-based organization where goods and services depend on the expertise and knowledge of professionals.Answer: FALSEDiff: 3Page Ref: 88AACSB: Reflective ThinkingCASE: ContentObjective: 3.12) From the point of view of economics, information systems technology can be viewed as a factor of production that can be substituted for traditional capit