What Is the Consequence of Failing to Answer the Question

question 68

Multiple Choice

What is the consequence of failing to answer the question, how much should be spent on IT?

• A) The company may fail to develop an IT platform that furthers its strategy, despite high IT expenditures
• B) Excessive technical and process standardization limits the flexibility of business units
• C) IT is overwhelmed with projects that have little companywide value
• D) The company may pay for service options that, given its priorities, aren't worth the money

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Definitions:

Vicious Circle

A complex chain of events that reinforces itself through a feedback loop, leading to a detrimental situation.

Poverty

The state of having inadequate income or resources to achieve a minimum standard of living.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced (output) with the number of hours worked to produce those goods and services.

Industrially Advanced Countries

Nations with highly developed economies, characterized by strong industrial, service, and technological sectors.