Test Bank for IT 506-IT STRATEGY AND
INNOVATION 5th Edition by James D.
McKeen
What is the best way for organizations to identify and evaluate business and technical
opportunities where IT can add value? - ANSSet up joint business-IT mechanisms
What do IT managers need the most to deliver fully on an IT project's value proposition? -
ANSCommitment from the business
What is the portfolio approach to project selection? - ANSProject evaluation based on different
criteria
One of the most important distinguishing factors between companies that get high business
value from their IT investment and those that don't is that: - ANSsenior managers in
high-performing companies take a leadership role in IT decision-making
What is the best way to develop new capabilities? - ANSCo-evolve business and IT strategies
Most formal IT plans could not support enterprise strategy because they were too focused on: -
ANSTactical issues
Improving communication between the creators and users of the data, and developing data
quality metrics to monitor improvements is an example of improving _________________. -
ANSData quality
Specific practices that need to be put in place in order for a strategy to be successful are known
as _________________. - ANSOperations
A company's data ecosystem consists of both _________ & _________. - ANSData, Activities
utilizing data
____________ specifically describes the roles and responsibilities associated with data
management and distinguishes between business and technical responsibilities. -
ANSStewardship
Traditionally, organizations measured the value of IT by: - ANSAbility to process more
transactions per person
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