What Is Business-IT Alignment and Why Would an Organization Want

question 131

Essay

What is business-IT alignment and why would an organization want to pursue it? What makes alignment so difficult? Thinking about your college or university, does the IT department have a good reputation? Do you think there is a strong alignment between IT and the professors?

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Definitions:

Earnings Per Share

A company's profit divided by the outstanding shares of its common stock, serving as an indicator of a company's profitability.

Stock Repurchase

A financial strategy where a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.

Reverse Stock Split

A corporate action that consolidates the number of existing shares of stock into fewer, proportionately more valuable, shares.

Total Equity

The sum of the ownership interest in a corporation, including common and preferred shares.