Which of the Following Is a Good Gauge of Economic

question 2

Multiple Choice

Which of the following is a good gauge of economic progress?

• A)the level of real GDP per person,but not the growth rate of real GDP per person
• B)the level of real GDP per person and the growth rate of real GDP per person
• C)the growth rate of real GDP per person,but not the level of real GDP per person
• D)neither the level nor the growth rate of real GDP per person

Comprehend the role and structure of the application portfolio within an organization.

Distinguish between different financial measures and their application in IT project valuation (NPV, ROI, Breakeven analysis).

Understand the strategic alignment between organizational mission, IS requirements, and IT strategic planning.

Identify the roles and responsibilities of the IT steering committee in aligning IT with business strategy.

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Definitions:

Actor-observer Bias

The tendency to attribute one's own actions to external causes while attributing others' actions to internal characteristics.

Self-serving Bias

The common human tendency to attribute positive events to one's own character but attribute negative events to external factors.

Environmental Cause

A factor in the surrounding environment that contributes to the development or outcome of a condition or event.

Dispositional Attributions

Explanations for behavior that ascribe actions to inherent personality traits rather than external situations or circumstances.