A Process for Developing a Strategy and Plans for Aligning

question 56

Multiple Choice

A process for developing a strategy and plans for aligning information systems with the organization's business strategies best defines

• A) business planning.
• B) business case.
• C) strategic information systems planning.
• D) strategic alignment.

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Definitions:

Total Variable Cost

The sum of all costs that vary directly with the level of production, including materials and labor.

Planning Budget

A budget created for a specific level of activity, usually projected at the beginning of a planning period as a guide for income, spending, and capital investment decisions.

Personnel Expenses

Costs incurred by a business related to employing staff, including wages, benefits, training, and other related expenses.

Client-Visits

The number of times clients or customers visit a business or service provider within a given time period.