Exam 2: Strategic Planning

If IT is not being used strategically,many managers consider it an overhead cost that should be ____.

A ____ describes specific actions an organization will take to achieve its vision/mission,objectives,and goals.

The threat of new competitors raises the level of ____.

A goal states what must be accomplished and the associated objectives specify how to determine whether the objective is being met.

A key role of management is to recognize and drop goals that are no longer relevant.

RFID eliminates the need for line-of-sight reading,which is required for bar codes.

A(n)____ project implements changes to an existing system to enable operation in a different technology environment.

According to the 2007 State of the CIO Survey conducted by CIO Magazine,four of five CIOs say they are not aligned with their organization's strategic goals.

Each year,when deploying OGSM,the senior management team defines goals for the organization and establishes numerical objectives that index each goal.

IT people must be able to recognize and understand ____ needs and develop effective solutions.

UPS drivers use handheld wireless computers called ____ to capture package identification data,location information,and customer signatures.

Senior management must create a vision/mission statement that communicates an organization's overarching aspirations and can guide it through changing objectives,goals,and strategies.

The actual results of a project must be compared with the ____________________ it expected to achieve.

____________________ benefits can be measured directly and assigned a monetary value.

Preliminary costs and benefits are weighed to see if the project has an attractive rate of ___

The airplanes owned by UPS and other freight carriers are potential "weapons" for terrorists.

The strategic plan must take into account that the organization and everything around it has constant needs.

The first-pass accuracy rate of RFID is about ____________________ percent.

The Standish Group,a consulting firm that provides IT investment planning research and services,estimated in a 2004 report that the IT project success rate is only about ____ percent.

Discuss strategy development.