When Considering Strategic Planning for Information Systems and Planning for the Overall

question 5

Multiple Choice

When considering strategic planning for information systems and planning for the overall organization which of the following are true?

• A)The IS strategic plan must support and enable the organization's goals.
• B)The CIO prioritizes and merges the requirements from each department to develop a master strategic plan.
• C)The CIO selects a project manager for each major project within the overall strategic plan.
• D)The IS strategic plan must be revised much more frequently than the organization's strategic plan.
• E)The CIO is ultimately responsible for IS strategic planning.

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Definitions:

Net Price

The price of a good or service after deductions such as discounts, rebates, and allowances have been taken into account.

List Price

The manufacturer's suggested retail price (MSRP) or the price at which a product is intended to be sold before any discounts or promotions.

Single Rate

A fixed interest rate that remains constant throughout the term of the loan or investment.

Discount

A reduction applied to the regular price of goods or services, usually offered to encourage purchase or reward customers.