BSIS 496 W exam 1 questions

Select all the items below that are expected benefits of adopting cloud computing.

improved strategic alignment radically reduced prices

Select all the items below that are examples of high-level value.

improving essential business functions. Potential to transform a business through new markets. Reducing Risk.

Choose the phrase that best completes this sentence: It is best to tell the IT story using business _____.

metrics

Select all the expenses below in which Fiscal IT budgets (i.e., those prepared for the CFO) are broken down.

operating expenses capital expenditures

Select all the categories below in which IT managers plan their spending.

strategic investments operations costs

Choose the word below that best completes this sentence: IT governance helps __ an organization's governance structure for innovation and strategic projects with its structure for execution and operations governance.

Align

Choose the phrase below that best completes this sentence: Risk __ is the level of risk acceptable in certain areas.

Appetite

Choose the term below that best completes this sentence: Problems arise when the _____ espoused by IT conflict with those of the organization or a part of the organization.

Assumptions and values

Choose the phrase below that best completes this sentence: Running employee benefits management, procurement, business travel, and industry-specific processes in the cloud is an example of _.

BaaS

Select all the items below that are not part of an IT Strategy.

Building tomorrow's product Keeping technology current

Select all the areas below that complete this sentence: Cyber risk is an issue that exists at the intersection of _____.

Business risk Technology Regulation

Select all the best ways to develop new capabilities.

Co-evolve business and IT strategies

Choose the phrase below that best completes this sentence: IaaS can be leveraged for flexibility and load balancing of computing capabilities because infrastructure is becoming highly ______.

Commoditized

Choose the phrase that best completes this sentence: __ is an example of the use of information-processing capabilities to drive down transaction costs to near zero, threatening traditional value propositions, and shaving profit margins.

Competing on efficiencies

Select all the items below that are drivers for senior leaders to focus on IT Governance.

Compliance with laws and regulations Aligning strategy and execution Ensuring privacy and security

Choose the term below that best completes this sentence: __ is the process of allocating the cost of the services IT provides to others' budgets.

Cost allocation

Select the ways from below in which an organization can create a competitive advantage.

Create a unique competitive position. Develop new capabilities.

Choose the phrase that best completes this sentence: _______ strategy is a plan of what an organization wants to accomplish with data and how it proposes to derive business value from it.

Data

Choose the phrase that best completes this sentence: ______ provides the basis for developing the processes, standards, and guidelines needed to manage data assets throughout the organization.

Data Policy

Choose the phrase that best completes this sentence: ___ can provide the necessary direction to both IT and business regarding data strategy and its implementation.

Data governance councils

Select all the areas below that are not involved in cyber risk management

Dealing with an attack resulting in a loss of a service

Select all the outcomes below of a complex relationship.

Deferred decision-making Excessive meetings

Choose the word below that best completes this sentence: ______ governance consists of architecture, security & privacy, data, operations, and it capabilities are part of:

Enterprise IT

Select all the organization levels below where Governance operates.

Enterprise IT Board Local

Choose the phrase that best completes this sentence: _____ is responsible for ensuring that value is realized from IT investments.

Executive Leaders Managers IT Leaders IT Staff All of the above

Is this idea true or false: A business case and measuring success by on-time and on-budget delivery are the best practices for managing value.

False

Is this idea true or false: Achieving a sustainable competitive advantage with technology alone is an easy strategy?

False

Is this idea true or false: An IT-business partnership can flourish without senior management participation.

False

Is this idea true or false: Being technically competent is sufficient to have credibility with the business.

False

Is this idea true or false: By operating IT like-a-business, the business's expectations of IT are met.

False

Is this idea true or false: Governance is equally challenging to all organizations around the world.

False

Is this idea true or false: IT leaders have moved aggressively to redefine IT functions, services, and governance practices.

False

Is this idea true or false: It is sufficient to focus on cyber-security to cover an organization's overall cyber risk.

False

Is this idea true or false: Metrics help tell the full value story to justify investments and demonstrate value delivery.

False

Is this idea true or false: Since many organizations place its senior data role in IT, IT should drive the data strategy.

False

Is this idea true or false: The concepts and practices of the corporate fiscal world align with how IT works.

False

Is this idea true or false: Today, IT risk management is a low-key activity focused on delivering projects and keeping applications up and running.

False

Is this idea true or false: Traditional IT metrics are an effective tool to tell the IT value story?

False

Choose the term below that best completes this sentence: In large organizations, IT governance is achieved through an integrated ____ of organizational groups that provide oversight in different areas.

Framework

Choose the term below that best completes this sentence: ___ is the system of structures, processes, and roles that collectively oversee the two major components of IT work.

IT Governance

Select all the items below that are barriers to an effective IT Strategy.

Inadequate enterprise-wide funding models Traditional budget cycles

Select all the risks below that are not internal risks of cloud computing.

Increased Cost Integration challenges IT Governance Loss of Control NONE OF THE ABOVE

Choose the term below that best completes this sentence: Through ___-as-a-service, companies can access the servers, storage, and networking functionality they need on an as-needed basis.

Infrastructure

Choose the phrase that best completes this sentence: A company that wants to improve its data _____ works on ensuring that data consistently means the same thing everywhere in the organization.

Integrity

Select all the risks below that are not external risks of cloud computing.

Lack of readiness

Select all the reasons below by which governance significantly influences the benefits realized from IT investments.

Linking effective governance to an organization's performance goals. Ensuring the right groups are making the key IT decisions to ensure the desired enterprise goals and behaviors are achieved.

Select all the areas below that are not sources of technology risk.

None of the above

Select all the assumptions below that business does not make about IT.

None of the above

Choose the term below that best completes this sentence: _ costs consist of what it costs to 'keep the lights on' in IT.

Operations

Choose the phrase below that best completes this sentence: Organizations concerned about the risks of _ cloud sharing can create a private cloud that enables IT capabilities to be delivered internally "as a service" over an intranet and behind their firewall.

Public

Choose the phrase below that best completes this sentence: ___ is browser-based and runs in a logical and virtual environment that is automatically upgraded and maintained.

SaaS

Select all the items below that are part of the IT budgeting processes.

Set the functional budget Assess actual spending

Choose the phrase that best completes this sentence: Business implementing technology without input from IT is called ____.

Shadow IT

Choose the phrase that best completes this sentence: __ can ensure that business and IT strategies work well together.

Strategic alignment

Spending on initiatives and technology designed to deliver new business value and achieve the enterprise's strategic objectives is known as:

Strategic investments

Select all the generic roles below that are not assumed by IT.

Strategy builder Customer support

Select all the areas below that are assisted by effective IT budgeting.

Strategy implementation

Select all the statements below that do not describe the traditional business-IT partnership.

Supportive

Choose the phrase that best completes this sentence: Most formal IT plans could not support enterprise strategy because it was too focused on __ issues.

Tactical

Select all the items below from which IT value is realized.

Technology tested against customer needs, practices, or preferences.

Is this idea true or false: A lack of trust is a consequence of a lack of clarity around expectations and accountabilities.

True

Is this idea true or false: As a business's boundaries expand to include third parties, cyber risk must also include the third parties.

True

Is this idea true or false: Cloud computing will have an evolutionary impact on IT architecture and a revolutionary effect on business strategy.

True

Is this idea true or false: Data governance is responsible for managing data as a strategic asset.

True

Is this idea true or false: Designing a clear Service-Level-Agreement is a challenge in cloud computing contracts.

True

Is this idea true or false: Developing an effective data strategy is a journey, not a one-time activity.

True

Is this idea true or false: Generally, risk managers believe that cyber risk is not their responsibility.

True

Is this idea true or false: IT plans and budgets need attention more frequently than once a year.

True

Is this idea true or false: Information security and cyber risk are IT issues.

True

Is this idea true or false: The IT budgeting processes are multilevel, complex, and frequently occur in parallel.

True

Is this idea true or false: The most effective way to build trust is through effective governance

True

Is this idea true or false: The variety of uses of technology makes implementing an effective IT strategy challenging.

True

Is this idea true or false: When a business has a vague, unclear strategy, it will always have a low perception of the value of IT.

True

Plug-in technology and value will be delivered is called Silver Bullet Thinking.

True

Choose the phrase that best completes this sentence: Email, reports, documents, social media posts are examples of ___ data.

Unstructured

Select all the items below that are challenges of managing new types of data.

Velocity Volume Variety

Select the data examples below that are not Structured Data.

Video Driver's License Photo

Choose the phrase that best completes this sentence: Strategy is ___ to doing business.

an approach

Choose the phrase that best completes this sentence: IT strategy is mainly about getting the balance right between _____ strategic imperatives.

conflicting

Choose the word below that best completes this sentence: Hazards such as disasters, pandemics, and geopolitical upheavals are examples of the source for ____ risks.

external