Question 1

_________ refers to systems development that is done by a third party or vendor.

Accepted Answer

The answer of _________ refers to systems development that is...

Question 2

What are the major reasons why organizations choose sourcing?

Accepted Answer

Enterprises choose outsourcing for sever

Question 3

The Balanced Scorecard can be used to translate strategic plans and mission statements into a set of objectives and performance metrics that ____________.

Accepted Answer

A) Are subjective and objective 
B) Can be quantiﬁed and measured. 
C) Are financial and reported to the SEc. 
D) Focus on cash flows and market share. 
A) Are subjective and objective 
B) Can be quantiﬁed and measured. 
C) Are financial and reported to the SEc. 
D) Focus on cash flows and market share.

Question 4

Balanced Scorecard (BSC)uses various metrics to measure performance,which consist of _______ financial metric(s)and ________ nonfinancial metric(s).

Accepted Answer

A) 3;1 
B) 2;2 
C) 1;3 
D) 2;3 
A) 3;1 
B) 2;2 
C) 1;3 
D) 2;3

Question 5

When selecting a vendor,two criteria to assess first are _____________.

Accepted Answer

A) Experience and stability 
B) Cost and delivery time 
C) Location and product mix 
D) Reputation and trial run 
A) Experience and stability 
B) Cost and delivery time 
C) Location and product mix 
D) Reputation and trial run

Question 6

Making IT investments on the basis of an immediate need or threat is not a smart strategy because it can result in incompatible,redundant,or failed systems.

Accepted Answer

A) True 
 B)False

Question 7

Before entering into any service contract with an IT vendor,get __________.

Accepted Answer

A) A demo or trial run 
B) Everything in writing 
C) The hardware installed 
D) References 
A) A demo or trial run 
B) Everything in writing 
C) The hardware installed 
D) References

Question 8

__________ occurs when the vendor develops a strategic application for a client and then uses it for other clients.

Accepted Answer

A) Flexibility 
B) Shirking 
C) Poaching 
D) Opportunistic repricing 
A) Flexibility 
B) Shirking 
C) Poaching 
D) Opportunistic repricing

Question 9

Enterprises choose outsourcing for several reasons.Which of the following is not one of the reasons?

Accepted Answer

A) To increase efficiency 
B) To focus on core competency 
C) Offshoring has become a more accepted IT strategy 
D) To move IT investment from a recurring operational expense to a capital expenditure 
A) To increase efficiency 
B) To focus on core competency 
C) Offshoring has become a more accepted IT strategy 
D) To move IT investment from a recurring operational expense to a capital expenditure

Question 10

The concept of cloud is simple and so is an enterprise's cloud strategy.

Accepted Answer

A) True 
 B)False

Question 11

Operational value drivers are medium-term factors that minimize the cost of capital incurred by the company to finance operations.

Accepted Answer

A) True 
 B)False

Question 12

IT work or development can be sourced to consulting companies or vendors that are within the same country,which is referred to as insourcing.

Accepted Answer

A) True 
 B)False

Question 13

When legacy systems could no longer provide the functionality needed to solve the business,companies migrated to ____________ to connect core systems and apps.

Accepted Answer

A) the cloud or SaaS 
B) data centers 
C) database management systems 
D) offshoring 
A) the cloud or SaaS 
B) data centers 
C) database management systems 
D) offshoring

Question 14

________ are any activity that enhances the value of a product or service to consumers,thereby creating value for the company.

Accepted Answer

The answer of ________ are any activity that enhances the...

Question 15

The success of steering committees largely depends on the establishment of IT governance,formally established statements that direct the policies regarding IT alignment with organizational goals and allocation of resources.

Accepted Answer

A) True 
 B)False

Question 16

Offshoring of software development has become a common practice due to global markets,lower costs,and increased access to skilled labor.

Accepted Answer

A) True 
 B)False

Question 17

In practice,competing agendas,tight budgets,poor interdepartmental communication,and politics can turn strategic planning discussions into bar room brawls-if they are not well managed.

Accepted Answer

A) True 
 B)False

Question 18

Tactical IT adoption approaches solve integration problems-as occurred with adoption of ERP,mobile,social,and big data systems.

Accepted Answer

A) True 
 B)False

Question 19

What was novel about BSC in the 1990s was that it measured a company's performance using a multidimensional approach of both leading and lagging indicators.

Accepted Answer

A) True 
 B)False

Question 20

________ converts senior management's priorities into visible,actionable objectives by identifying ways to measure progress against agreed-upon targets

Accepted Answer

A) Asset utilization 
B) Balanced Scorecard 
C) Financial governance 
D) Strategic planning 
A) Asset utilization 
B) Balanced Scorecard 
C) Financial governance 
D) Strategic planning

_________ refers to systems development that is done by a third party or vendor.

What are the major reasons why organizations choose sourcing?

The Balanced Scorecard can be used to translate strategic plans and mission statements into a set of objectives and performance metrics that ____________.

Balanced Scorecard (BSC)uses various metrics to measure performance,which consist of _ financial metric(s)and __ nonfinancial metric(s).

When selecting a vendor,two criteria to assess first are _____________.

Making IT investments on the basis of an immediate need or threat is not a smart strategy because it can result in incompatible,redundant,or failed systems.

Before entering into any service contract with an IT vendor,get __________.

__________ occurs when the vendor develops a strategic application for a client and then uses it for other clients.

Enterprises choose outsourcing for several reasons.Which of the following is not one of the reasons?

The concept of cloud is simple and so is an enterprise's cloud strategy.

Operational value drivers are medium-term factors that minimize the cost of capital incurred by the company to finance operations.

IT work or development can be sourced to consulting companies or vendors that are within the same country,which is referred to as insourcing.

When legacy systems could no longer provide the functionality needed to solve the business,companies migrated to ____________ to connect core systems and apps.

________ are any activity that enhances the value of a product or service to consumers,thereby creating value for the company.

The success of steering committees largely depends on the establishment of IT governance,formally established statements that direct the policies regarding IT alignment with organizational goals and allocation of resources.

Offshoring of software development has become a common practice due to global markets,lower costs,and increased access to skilled labor.

In practice,competing agendas,tight budgets,poor interdepartmental communication,and politics can turn strategic planning discussions into bar room brawls-if they are not well managed.

Tactical IT adoption approaches solve integration problems-as occurred with adoption of ERP,mobile,social,and big data systems.

What was novel about BSC in the 1990s was that it measured a company's performance using a multidimensional approach of both leading and lagging indicators.

________ converts senior management's priorities into visible,actionable objectives by identifying ways to measure progress against agreed-upon targets

Doing Business in Digital Times

Data Governance and IT Architecture Support Long-Term Performance

Data Management, Big Data Analytics, and Records Management

Networks for Efficient Operations and Sustainability

Cybersecurity and Risk Management

Attracting Buyers With Search, Semantic, and Recommendation Technology

Mobile Technologies and Commerce

Retail, E-Commerce, and Mobile Commerce Technology

Effective and Efficient Business Functions

Strategic Technology and Enterprise Systems

Data Visualization and Geographic Information Systems

Project Management and SDLC

Ethical Risks and Responsibilities of IT Innovations

Filters

Exam 12: IT Strategy and Balanced Scorecard

_________ refers to systems development that is done by a third party or vendor.

What are the major reasons why organizations choose sourcing?

The Balanced Scorecard can be used to translate strategic plans and mission statements into a set of objectives and performance metrics that ____________.

Balanced Scorecard (BSC)uses various metrics to measure performance,which consist of _______ financial metric(s)and ________ nonfinancial metric(s).

When selecting a vendor,two criteria to assess first are _____________.

Making IT investments on the basis of an immediate need or threat is not a smart strategy because it can result in incompatible,redundant,or failed systems.

Before entering into any service contract with an IT vendor,get __________.

__________ occurs when the vendor develops a strategic application for a client and then uses it for other clients.

Enterprises choose outsourcing for several reasons.Which of the following is not one of the reasons?

The concept of cloud is simple and so is an enterprise's cloud strategy.

Operational value drivers are medium-term factors that minimize the cost of capital incurred by the company to finance operations.

IT work or development can be sourced to consulting companies or vendors that are within the same country,which is referred to as insourcing.

When legacy systems could no longer provide the functionality needed to solve the business,companies migrated to ____________ to connect core systems and apps.

________ are any activity that enhances the value of a product or service to consumers,thereby creating value for the company.

The success of steering committees largely depends on the establishment of IT governance,formally established statements that direct the policies regarding IT alignment with organizational goals and allocation of resources.

Offshoring of software development has become a common practice due to global markets,lower costs,and increased access to skilled labor.

In practice,competing agendas,tight budgets,poor interdepartmental communication,and politics can turn strategic planning discussions into bar room brawls-if they are not well managed.

Tactical IT adoption approaches solve integration problems-as occurred with adoption of ERP,mobile,social,and big data systems.

What was novel about BSC in the 1990s was that it measured a company's performance using a multidimensional approach of both leading and lagging indicators.

________ converts senior management's priorities into visible,actionable objectives by identifying ways to measure progress against agreed-upon targets

Doing Business in Digital Times

Data Governance and IT Architecture Support Long-Term Performance

Data Management, Big Data Analytics, and Records Management

Networks for Efficient Operations and Sustainability

Cybersecurity and Risk Management

Attracting Buyers With Search, Semantic, and Recommendation Technology

Mobile Technologies and Commerce

Retail, E-Commerce, and Mobile Commerce Technology

Effective and Efficient Business Functions

Strategic Technology and Enterprise Systems

Data Visualization and Geographic Information Systems

Project Management and SDLC

Ethical Risks and Responsibilities of IT Innovations

Filters

Balanced Scorecard (BSC)uses various metrics to measure performance,which consist of _ financial metric(s)and __ nonfinancial metric(s).