The Process of _______________ Means Both the CEO and the CIO

question 49

Short Answer

The process of _______________ means both the CEO and the CIO manage the development of complementary business and IT strategies to meet customer value and business value vision.

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Definitions:

Investment

Investment refers to the allocation of resources, usually money, with the expectation of generating an income or profit.

Control

The power to direct the management and policies of a company through ownership of its shares, rights, or contractual arrangements.

Noncontrolling Interest

Refers to the ownership stake in a corporation that is less than the majority control, often represented by shareholders who do not have a significant influence over the company's operations.

Goodwill

Goodwill represents the intangible value of a business that exceeds its physical assets' value, often arising after the acquisition of one company by another.