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Management information system and business analyticsChapter 121.12-13 How is GE changing its business strategy and business model? What is the role of information technology in GE’s business?1.GE is changing its business strategy and business model by focusing more on technology. GE will sell of their division that makes refrigerators, microwave ovens to focus on electric power generators, jet engines, and software to connect these devices to the cloud.GE will now put its money on the technology that controls and monitors industrial machines, with hopes of turning themselves into a major software company. 2.12-14 On what business functions and level of decision making is GE focusing?1.GE has turned its focus and decision making towards the technology, software and analytics parts. For example, the oil gas industry that is constantly affected byunplanned downtime, where machines can’t operate which then leads to money