Exam 12: IT Strategic Planning

__________ are the most essential things that must go right,or be closely tracked,to ensure the organization's survival and success.

Typically,ITs that provide competitive advantages,or that contain proprietary or confidential data are developed and maintained by __________.

Why did British-Swedish company AstraZeneca undergo a major restructure from a traditional model to a loosely-coupled business model?

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.

__________ refers to the degree to which another resource can be used instead of the original resource to achieve the same value,

IT governance,like security,is an __________ and cannot be achieved by a mandate or set of rules.

IT plays a pivotal role in improving corporate governance practices because most critical business processes are automated;and managers rely on information provided by these processes for their decision making.

__________ is used in planning situations that involve much uncertainty,like that of IT in general and e-commerce in particular.

What are three issues driving the need for IT governance?

All of the following are tools or methodologies that managers use for IT strategic planning except:

The major reasons why organizations are increasingly outsourcing include each of the following except:

In reality,because of the rapid pace of change in IT and the environment,short-term IT tactical plans may include major items not anticipated in the longer term IT plans.

The risk of __________ occurs when a vendor deliberately underperforms while claiming full payment.

The __________ is a group of managers and staff representing various organizational units that is set up to establish IT priorities and to ensure that the IS department is meeting the needs of the enterprise.

According to a survey of business leaders by Diamond Management & Technology Consultants,87 percent believe that IT is critical to their companies' strategic success,but few business leaders work with IT to achieve that success.

The risk of __________ occurs when a client enters into a long-term contract with a vendor,but the vendor changes financial terms at some point or over-charges for unanticipated enhancements.

__________ is how an organization intends to accomplish its vision.It's the overall game plan.

For best results,an organization's strategic IT plan is based on __________.

Optimally,the __________ guides investment decisions and decisions on how ISs will be developed,acquired,and/or implemented.

According to a survey of business leaders by Diamond Management & Technology Consultants,87 percent believe that IT is critical to their companies' strategic success.In addition,the survey reported that __________.