IT Managers Need to Be Forward Thinking When It Comes

question 78

True/False

IT managers need to be forward thinking when it comes to planning for the organizations IT needs in the future. The future IT architecture that evolves in advance of it being achieved is referred to as the "target IT architecture".

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Definitions:

Payoff Matrix

A table that describes the potential outcomes of a game or decision involving multiple players, showing the payoffs for each strategy combination.

Dominant Strategy

An action in game theory that yields the best outcome for a player, regardless of what the other players do.

Low Price

A cost that is relatively small or lower than average.

Payoff Matrix

A table that shows the potential outcomes of different decisions made by players in a strategic game, taking into account each player's choices and strategies.