IT Governance Has Two Major Components: the Assignment of Decision-Making

question 32

Multiple Choice

IT governance has two major components: the assignment of decision-making authority and responsibility, and the:

• A) cost considerations
• B) decision rights
• C) business plan
• D) capability maturity model
• E) decision-making mechanisms

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Definitions:

Market Price

The ongoing price for buying or selling a service or asset at the moment.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials that can be refined to produce usable products such as gasoline.

Real Terms

Describes values adjusted for inflation, allowing for the comparison of quantities as if prices had not changed over time.

Downward Trend

A situation in which market prices, economic indicators, or other measured data show a consistent decline over time.