Which Vector of IT Strategy Can Be Highly Speculative and May

question 14

Multiple Choice

Which vector of IT strategy can be highly speculative and may not require immediate action?

• A)Organizational strategy
• B)Continuous improvement of core processes and information management
• C)Examination of the role of new information technologies
• D)Assessment of strategic trajectories

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Definitions:

Administrative Expenses

Costs related to the general administration of a business, such as salaries of executive officers, legal and office supplies.

Budgeted Sales

The projected amount of sales, in units or dollars, a company expects to achieve in a specific period.

Beyond Budgeting

A management approach arguing that traditional budgeting processes are often inflexible and can hinder innovation, advocating for more adaptive and decentralized frameworks.

Relative Performance Targets

Benchmarks or objectives set in comparison to other entities or industry standards used to measure an organization's performance.