At Cisco Systems, the CIO:
A) Was credited with slashing $1.5 billion in costs by using Internet technologies.
B) Was responsible for moving $5 billion in goods and services through the Internet.
C) Discovered that online trading cost only 20 percent as much as conventional trading.
D) Was fired for failing to stop computer hackers from breaking into their systems.

Question

Quizplus · Accepted Answer

The statement mentions that the CIO at Cisco Systems was credited with slashing $1.5 billion in costs by using Internet technologies. This implies that the CIO was successful in implementing cost-saving measures using IT.

Option B is incorrect because the statement doesn't mention the CIO's responsibility for moving $5 billion in goods and services through the Internet.

Option C is also incorrect because the statement only mentions the cost of online trading compared to conventional trading without attributing it to the CIO at Cisco Systems.

Option D is incorrect because the statement doesn't mention any security breaches or failure of the CIO to prevent them.