This is a study on information literacy (IL) in Business Majors. A Web-based questionnaire with used to investigate undergraduate Business students on their understanding of IL and assessment of their respective abilities and skills. The study used IL standards adopted by the Association of College and Research Libraries (ACRL). The study adopted the UTAUT model’s as a theoretical framework. The findings conveyed that external UTAUT factors (Social Factors and Facilitating Conditions) have positive effect on IL. Moreover, the findings emphasized the importance of the four factors and suggested the IL could be assessed in all contexts. Implications for discipline and practice are shared.