What Would Senior Management's Role Be in Relation to the Question

question 48

Multiple Choice

What would senior management's role be in relation to the question "Whom do we blame if an IT initiative fails?"

• A) Decide which IT capabilities should be provided centrally and which should be developed by individual businesses
• B) Decide which features are needed on the basis of their costs and benefits
• C) Lead the decision making on the trade-offs between security and privacy on one hand and convenience on the other
• D) Assign a business executive to be accountable for every IT project, and monitor business metrics

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Definitions:

Home-Country Standards

The regulatory and legal requirements or cultural norms from an individual's or corporation's country of origin that influence their operations abroad.

Host-Country Standards

The regulations, customs, and practices that prevail in the country where a multinational company operates, as opposed to its home country standards.

Classical Economic Model

A theory or approach in economics that emphasizes free markets, the role of competition, and the minimal involvement of government in the economy.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theories on free market economies and the invisible hand principle.