Alignment Between IT and Business Is Characterized by A(n)__________ of the IT

question 82

Multiple Choice

Alignment between IT and business is characterized by a(n) __________ of the IT function with strategy, mission, and goals of the organization.

• A)tight integration
• B)loose integration
• C)replacement
• D)upgrade

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Definitions:

Firm Investment

The allocation of resources by a business towards assets, projects, or innovation intended to spur future growth or production.

Present Discounted Value

The value of a stream of future payments discounted at an interest rate.

Expected Profits

Anticipated earnings calculated based on projected revenues, costs, and market conditions.

Interest Rate

The percentage of an amount of money charged for its use over a specified period, often annually, by lenders to borrowers.