Which of the Following Statements Is True About Information Systems

question 34

Multiple Choice

Which of the following statements is True about information systems (IS) planning functions?

• A) The chief operating officer (COO) is the sole representative for IS and IT issues within the executive staff.
• B) The steering committee represents the IS department exclusively in high-level discussions.
• C) The information systems (IS) department's priorities are developed by the chief executive officer (CEO).
• D) The chief executive officer (CEO) and other executive staff decide the membership of the steering committee.

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Definitions:

Inefficiencies

Refers to situations where resources are not used in the most effective way, leading to waste or lost potential benefit.

Taxicab Medallions

License plates required for taxicabs that signify they are legally registered to operate; these medallions are often subject to municipal limitations and can be quite valuable.

Price Subsidy

A financial assistance given by the government to lower the price of a product or service to encourage its consumption or production.

Quantity Control

Regulatory measures or policies aimed at limiting the amount of goods produced, supplied, or available in a market.