Which of the Following Includes the Roles and Responsibilities of the CTO

question 8

Multiple Choice

Which of the following includes the roles and responsibilities of the CTO?

• A)Ensuring the speed, accuracy, availability, and reliability of the MIS.
• B)Ensuring the ethnical and legal use of information within a company.
• C)Ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses.
• D)Ensuring that MIS strategically aligns with business goals and objectives.

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Definitions:

Demand Curve

A chart that illustrates how the price of a product correlates with the amount consumers are ready to buy at different price levels.

Perfectly Competitive

A market structure characterized by many buyers and sellers, all of whom are producing identical products, leading to no single participant having control over the price.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogeneous product, and freedom of entry and exit, leading to price taking behavior by all firms.

Long-run Equilibrium

Describes a state in a market where supply equals demand, with sufficient time for all factors of production to adjust and no external pressures.