Question 1

There are six (6) characteristics of effective Business-IT Alignment.

Accepted Answer

The six characteristics of effective Business-IT Alignment are: 
1. Shared vision and goals 
2. Clear communication 
3. Collaboration 
4. IT governance 
5. Agility 
6. Continuous improvement.

Question 2

&#34;Business Process&#34; is defined as an ongoing collection of related activities that create a product/service to an organization?

Accepted Answer

This is the correct definition of business process.

Question 3

The best known framework for analyzing competitiveness is?&#10;A) Michael Porter's value chain model.&#10;B) Freidman's ten flatteners.&#10;C) Michael Porter's competitive forces model.&#10;D) Competitive globalization model.

Accepted Answer

Michael Porter's competitive forces model is the most well-known framework for analyzing competitiveness. It outlines five forces that can affect a company's competitive position: the threat of new entrants, bargaining power of buyers, bargaining power of suppliers, threat of substitute products or services, and rivalry among existing competitors. This model is widely used by businesses, consultants, and policymakers to assess the competitive landscape of an industry or market.

Question 4

85% of Business and IT executives agree that their companies have adequate alignment between IT and their business.

Accepted Answer

While the majority of executives may feel that their companies have adequate alignment, it is important to note that there may be discrepancies or areas for improvement that are not being acknowledged. Therefore, it is not entirely true that all companies have perfect alignment between IT and their business.

Question 5

Two strategies that a company can use to gain a competitive advantage are?&#10;A) Customer-Orientation and Operational Effective Strategy.&#10;B) Protection and Innovation Strategy.&#10;C) Mass Customization and Cost Leadership Strategy.&#10;D) Compliance and Innovation Strategy.

Accepted Answer

Customer-Orientation and Operational Effective Strategy are two strategies that a company can use to gain a competitive advantage.

Question 6

BPR stands for Business Process Recovery?

Accepted Answer

BPR actually stands for Business Process Reengineering.

Question 7

Cost Leadership Strategy is one strategy to gain a competitive advantage?

Accepted Answer

Cost leadership strategy involves producing goods or services at a lower cost than competitors while maintaining similar quality. This allows a company to offer products at a lower price, which can attract price-sensitive customers and give them a competitive advantage.

Question 8

The term &#34;digital divide&#34; refers to the gap between:&#10;A) Organizations that utilize wireless technologies and those that do not.&#10;B) Individuals who have access to information and communication technologies and those who do not.&#10;C) The IT staff and the other employees who are not IT savvy.&#10;D) Both of the following: Organizations that utilize wireless technologies and those that do not; and individuals who have access to information and communication technologies and those who do not.&#10;E) Both of the following: Individuals who have access to information and communication technologies and those who do not; and the IT staff and the other employees who are not IT savvy.

Accepted Answer

The digital divide refers to the gap between individuals who have access to information and communication technologies and those who do not. While options A, C, D and E may be related to technology access or knowledge, they are not the primary focus of the digital divide.

Question 9

When comparing BPI initiatives to BPR projects, which of the following statements are true? (Select all that apply)
a) BPI is less costly
b) BPI takes more time
c) BPI is less risky
d) BPI consumes fewer organizational resources
e) BPI delivers greater performance gains

Accepted Answer

BPI (Business Process Improvement) initiatives are generally less costly, less risky, and consume fewer organizational resources compared to BPR (Business Process Reengineering) projects, which are more comprehensive and involve radical changes.

Question 10

Business environment pressures can come from which of the following?&#10;A) Management restructuring&#10;B) Cost reductions.&#10;C) Political changes.&#10;D) Quality control

Accepted Answer

Political changes are external factors that can create pressures on a business environment, unlike internal factors like management restructuring or quality control.

Question 11

Thomas Friedman defines four eras of globalization.

Accepted Answer

The answer of Thomas Friedman defines four eras of globalization....

Deck 2: Organizational Strategy, Competitive Advantage, and Information Systems