Question 1

What does CIO stand for?

Accepted Answer

Chief Info

Question 2

An airport is in the process of implementing a new baggage claim system that tags each passenger's baggage with RFID.Readers are installed around the airport to track bags and see that the baggage is delivered to the right plane or the right carrousel.The airport is considering different funding models to see if the airlines,the airport or the passengers will be charged.Use the three funding models to explain how this new IT could be funded.

Accepted Answer

The three funding models that the airpor

Question 3

This is a plan designed to counter a manmade or natural disaster that could cripple an enterprise.

Accepted Answer

A)  Business Continuity Plan 
B)  Disaster Recovery Plan 
C)  Business Disaster Plan 
D)  Disaster Business Case 
E)  Business-IT Maturity Model 
A)  Business Continuity Plan 
B)  Disaster Recovery Plan 
C)  Business Disaster Plan 
D)  Disaster Business Case 
E)  Business-IT Maturity Model

Question 4

This method of IT funding is the most equitable,as the costs associated with IT are based on use.However,it can be difficult and tedious to calculate the usage costs.

Accepted Answer

A)  Allocation 
B)  Corporate budgeting 
C)  Usage 
D)  Distributed 
E)  Chargeback 
A)  Allocation 
B)  Corporate budgeting 
C)  Usage 
D)  Distributed 
E)  Chargeback

Question 5

Why is it particularly difficult to determine the value of an IT investment?

Accepted Answer

Determining the value of an IT investmen

Question 6

Scorecards provide a summary of information gathered over a period of time. Another common IT monitoring tool is the _____________.

Accepted Answer

A)  baseline 
B)  metrics 
C)  portfolio 
D)  dashboard 
E)  monitor 
A)  baseline 
B)  metrics 
C)  portfolio 
D)  dashboard 
E)  monitor

Question 7

In order to get support and approval for an IT investment,a manager must often create a(n) ________________.

Accepted Answer

A)  IT portfolio 
B)  community plan 
C)  business case 
D)  workflow diagram 
E)  business technology plan 
A)  IT portfolio 
B)  community plan 
C)  business case 
D)  workflow diagram 
E)  business technology plan

Question 8

Sam has just purchased 10 new high speed color laser printers for his company. He is very excited because he got a 40% discount and paid only $2,990 for each unit. His boss,Joe,wants to know things such as operating costs,support,overhead,etc.for the printers. Joe wants to know this value:

Accepted Answer

A)  RCO 
B)  TCO 
C)  ROI 
D)  NPV 
E)  EVM 
A)  RCO 
B)  TCO 
C)  ROI 
D)  NPV 
E)  EVM

Question 9

Describe at least one new role emerging in organizations today as a result of social business.

Accepted Answer

One new role emerging in organizations t

Question 10

The process called "true up" is used to balance true expenses against payments made for this particular funding method.

Accepted Answer

The answer of The process called "true up" is used...

Question 11

The responsibility of the IT organization is to:

Accepted Answer

A)  Manage core business functions like selling, accounting and manufacturing. 
B)  Partner with business managers to insure the right IS exists to support the business strategy. 
C)  Set the business strategy. 
D)  Have sole responsibility for building information systems for the organization. 
E)  Design business processes. 
A)  Manage core business functions like selling, accounting and manufacturing. 
B)  Partner with business managers to insure the right IS exists to support the business strategy. 
C)  Set the business strategy. 
D)  Have sole responsibility for building information systems for the organization. 
E)  Design business processes.

Question 12

Match the title with its responsibility.

Accepted Answer

The answer of Match the title with its responsibility.
 ...

Question 13

While a relatively simple method for funding,corporate budgeting ??______________

Accepted Answer

A)  helps control the costs of IT. 
B)  may result in an IT organization that is less end-user oriented. 
C)  encourages sharing of funding resources between IT and business units. 
D)  levies charges on specific users or business units. 
E)  gives business managers sole control over IT decisions. 
A)  helps control the costs of IT. 
B)  may result in an IT organization that is less end-user oriented. 
C)  encourages sharing of funding resources between IT and business units. 
D)  levies charges on specific users or business units. 
E)  gives business managers sole control over IT decisions.

Question 14

All of the following are new roles found in an organization today EXCEPT:

Accepted Answer

A)  Community manager 
B)  Chief Social Media Officer 
C)  Chief Knowledge Officer 
D)  Chief Privacy Officer 
E)  Database administrator 
A)  Community manager 
B)  Chief Social Media Officer 
C)  Chief Knowledge Officer 
D)  Chief Privacy Officer 
E)  Database administrator

Question 15

Peter Weill's produced a study that identified the 4 main categories that make up a company's IT portfolio: the IT infrastructure,transactional systems,informational systems,and strategic systems.Weill's research shows that most companies spend a majority of their IT portfolio on the 1.______ and the least amount of money is spent on the 2.__________.A company that is seeking to be highly agile should spend more money on the 3.__________ to provide a nimble platform and less money on the 4._________ which tends to lock in current business processes.

Accepted Answer

The answer of Peter Weill's produced a study that identified...

Question 16

Cloud computing providers often take responsibility for managing data and applications for a firm.These cloud computing provider's management of a firm's information must consider international transfer of information.This is an example of which global IT issue?

Accepted Answer

A)  Political stability 
B)  Transparency 
C)  Sourcing 
D)  Data flow across borders 
E)  Business Continuity Planning 
A)  Political stability 
B)  Transparency 
C)  Sourcing 
D)  Data flow across borders 
E)  Business Continuity Planning

Question 17

Activity based costing _____________

Accepted Answer

A)  groups costs into meaningful buckets that are then distributed based on the activity or product they support. 
B)  is useful for allocating small project work. 
C)  charges all costs to "cost centers". 
D)  considers only initial capital investments. 
E)  calculates ongoing maintenance costs. 
A)  groups costs into meaningful buckets that are then distributed based on the activity or product they support. 
B)  is useful for allocating small project work. 
C)  charges all costs to "cost centers". 
D)  considers only initial capital investments. 
E)  calculates ongoing maintenance costs.

Question 18

This is the senior-most executive in the enterprise responsible for technology vision and leadership for IT initiatives.

Accepted Answer

CIO or Chi

Question 19

Building a business case for an IT investment:

Accepted Answer

A)  Allows management to establish priorities for investing in different projects. 
B)  Helps gain commitment for the IT investment from business managers. 
C)  Creates a basis for monitoring the investment. 
D)  Identifies the benefits of the investment. 
E)  All of the above. 
A)  Allows management to establish priorities for investing in different projects. 
B)  Helps gain commitment for the IT investment from business managers. 
C)  Creates a basis for monitoring the investment. 
D)  Identifies the benefits of the investment. 
E)  All of the above.

Question 20

The business side of IT is very different from the business itself.

Accepted Answer

A) True 
 B)False

What does CIO stand for?

This is a plan designed to counter a manmade or natural disaster that could cripple an enterprise.

This method of IT funding is the most equitable,as the costs associated with IT are based on use.However,it can be difficult and tedious to calculate the usage costs.

Why is it particularly difficult to determine the value of an IT investment?

Scorecards provide a summary of information gathered over a period of time. Another common IT monitoring tool is the _____________.

In order to get support and approval for an IT investment,a manager must often create a(n) ________________.

Sam has just purchased 10 new high speed color laser printers for his company. He is very excited because he got a 40% discount and paid only $2,990 for each unit. His boss,Joe,wants to know things such as operating costs,support,overhead,etc.for the printers. Joe wants to know this value:

Describe at least one new role emerging in organizations today as a result of social business.

The process called "true up" is used to balance true expenses against payments made for this particular funding method.

The responsibility of the IT organization is to:

Match the title with its responsibility.

While a relatively simple method for funding,corporate budgeting ??______________

All of the following are new roles found in an organization today EXCEPT:

Cloud computing providers often take responsibility for managing data and applications for a firm.These cloud computing provider's management of a firm's information must consider international transfer of information.This is an example of which global IT issue?

Activity based costing _____________

This is the senior-most executive in the enterprise responsible for technology vision and leadership for IT initiatives.

Building a business case for an IT investment:

The business side of IT is very different from the business itself.

Linking Systems Strategy and the Organization

Strategic Use of Information Resources in a Global Economy

Organizational Strategy: Managerial Levers

Work Design: Enabling Global Collaboration

Building and Changing Global Business Processes

Information Systems Strategy: Architecture and Infrastructure

Governance of the Information Systems Organization

Sourcing Information Systems Around the World

Managing Projects in a Global Ecosystem

Business Analytics and Knowledge Management

Ethical Guidelines for Information Use

Filters

Exam 7: Cost Recovery of Information Systems

What does CIO stand for?

This is a plan designed to counter a manmade or natural disaster that could cripple an enterprise.

This method of IT funding is the most equitable,as the costs associated with IT are based on use.However,it can be difficult and tedious to calculate the usage costs.

Why is it particularly difficult to determine the value of an IT investment?

Scorecards provide a summary of information gathered over a period of time. Another common IT monitoring tool is the _____________.

In order to get support and approval for an IT investment,a manager must often create a(n) ________________.

Sam has just purchased 10 new high speed color laser printers for his company. He is very excited because he got a 40% discount and paid only $2,990 for each unit. His boss,Joe,wants to know things such as operating costs,support,overhead,etc.for the printers. Joe wants to know this value:

Describe at least one new role emerging in organizations today as a result of social business.

The process called "true up" is used to balance true expenses against payments made for this particular funding method.

The responsibility of the IT organization is to:

Match the title with its responsibility.

While a relatively simple method for funding,corporate budgeting ??______________

All of the following are new roles found in an organization today EXCEPT:

Cloud computing providers often take responsibility for managing data and applications for a firm.These cloud computing provider's management of a firm's information must consider international transfer of information.This is an example of which global IT issue?

Activity based costing _____________

This is the senior-most executive in the enterprise responsible for technology vision and leadership for IT initiatives.

Building a business case for an IT investment:

The business side of IT is very different from the business itself.

Linking Systems Strategy and the Organization

Strategic Use of Information Resources in a Global Economy

Organizational Strategy: Managerial Levers

Work Design: Enabling Global Collaboration

Building and Changing Global Business Processes

Information Systems Strategy: Architecture and Infrastructure

Governance of the Information Systems Organization

Sourcing Information Systems Around the World

Managing Projects in a Global Ecosystem

Business Analytics and Knowledge Management

Ethical Guidelines for Information Use

Filters