The IT Strategy Formulation Process Is Best Described as a Sequence

question 47

True/False

The IT strategy formulation process is best described as a sequence of activities that transforms the current alignment state to the envisioned future alignment state.

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Definitions:

Departmental Contribution

The amount of revenue contributed by a specific department after deducting its direct and indirect costs.

Overhead

Refers to the indirect costs required to operate a business, such as rent, utilities, and administrative expenses, not directly tied to the production process.

Controllable Costs

Expenses that a manager or business can influence or manage through decisions and actions.