Examlex

Solved

Match the Three Levels of Business-IT Maturity to the Business

question 60

Essay

Match the three levels of Business-IT maturity to the business organization's approach to IT. Remember that Level 3 is more mature than Level 1.
 Level 1  Dernand for IT is for efficiency and cost savings  Level 2  Focus of IT is on effective business processes  Level 3 IT’s role is for innovation and rapid  reconfipuration of business processes \begin{array} { | l | l | } \hline \text { Level 1 } & \text { Dernand for IT is for efficiency and cost savings } \\\hline \text { Level 2 } & \text { Focus of IT is on effective business processes } \\\hline \text { Level } 3 & \begin{array} { l } \text { IT's role is for innovation and rapid } \\\text { reconfipuration of business processes }\end{array} \\\hline\end{array}


Definitions:

Goods

Physical items that are produced and can be traded or used to satisfy wants and needs.

Weak Axiom

A less stringent version of a mathematical axiom used in economics and decision theory that deals with the consistency of consumer choices under varying circumstances.

Revealed Preference

A concept in consumer theory stating that the preferences of consumers can be revealed by their purchasing habits.

Prices

The price in money anticipated, needed, or given in exchange for a commodity.

Related Questions