Exam 11: Developing Businessit Strategies

A weakness is the potential for business and market losses posed by the actions of competitors and other competitive forces.

A company that enters the _______________ quadrant of a strategic positioning matrix is extensively networked with its customers, suppliers, and competition through Web sites, intranets, and extranets.

Having a _______________ perspective means measuring financial performance, such as number of debtors, cash flow, or return on investment.

The _______________ model uses the Internet to process purchases, including the process of searching, comparing, selecting, and paying online.

_______________ are the potential for business and market losses posed by competitors, competitive forces, government, or disruptive technologies.

The _______________ model uses the Internet to provide a comprehensive suite of services that the customer's employees can use directly.

_______________ are areas of substandard business performance compared to others in the industry or market segments.

_______________ is a process that carries out the plans for changes in business/IT strategies and applications that were developed during the planning process.

The process of _______________ means both the CEO and the CIO manage the development of complementary business and IT strategies to meet customer value and business value vision.

The _______________ component of the business/IT planning process involves developing strategic plans for managing or outsourcing a company's IT resources.

The result of the planning process is called a __________, which formally articulates the actions that are necessary to achieve the desired goals.

All of the following are actions that would be taken while attempting to develop a change in vision except:

Having a _______________ perspective means reflecting on the performance of key business processes.

The most valuable Internet applications allow companies to transcend communication barriers and establish connections that will do all of the following except:

A business application planning process includes consideration of IT proposals for all of the following except:

All of the following are considered competitive strategies except:

A basic requirement of managing business change is getting the involvement and _______________ of top management and all stakeholders affected by the planning processes.

All of the following are actions that would be taken while attempting to develop a culture of change except:

The _______________ component of the information technology architecture includes the networks, computer systems, system software, and integrated enterprise application software that provide the computing and communications platform supporting the strategic use of information technology.

E-business architecture planning integrates business strategy development and business _______________ engineering to produce e-business and e-commerce applications using the resources of the IT architecture, component development technologies, and a repository of business models and application components.