BUS 250 ANSWERS AND QUESTIONS SET A+
✔✔10. Risk Mitigation. - ✔✔a. Risk acceptance.
b. Risk limitation.
c. Risk transference.
✔✔1. IT planning. - ✔✔a. Organizational Strategic Plan
b. IT Strategic Plan
c. IT Steering Committee
d. IS Operational Plan
✔✔2. IT strategic plan - ✔✔a. Must be aligned with the organization's strategic plan
b. Provide for an IT architecture
c. Efficiently allocate IS development resources
✔✔3. IT steering committee - ✔✔a. Link corporate strategy with IT strategy
b. Approve the allocation of resources for the MIS function
c. Establish performance measures for the MIS function and ensure they are met
✔✔4. IS Operational plan. - ✔✔a. Mission
b. IS Environment
c. Objectives of the IS Function
d. Constraints on the IS function
e. Application Portfolio
f. Resource Allocation and Project Management
✔✔5. Evaluation/Justification for IT investments. - ✔✔a. Assessing the Costs
b. Assessing the Benefits
c. Conducting the Cost-Benefit Analysis.
✔✔6. Conducting the cost-benefit analysis. - ✔✔a. Net Present Value
b. Return on Investment (ROI)
c. Breakeven Analysis
d. Business Case Approach
, ✔✔7. Fundamental decisions. - ✔✔a. How much computer code does the company
want to write?
b. How will the company pay for the application?
c. Where will the application run?
d. Where will the application originate?
✔✔8. Acquisition methods. - ✔✔a. Purchase a Prewritten Application
b. Customize a Prewritten Application
c. Lease the Application
d. Application Service Provider (ASP)
e. Software-as-a-Service (SaaS)
f. Use Open-Source Software
g. Outsourcing
h. Employ Custom Development
✔✔9. Systems Development Life Cycle - ✔✔a. Systems Investigation
b. Systems Analysis
c. Systems Design
d. Programming and Testing
e. Implementation
f. Operations and Maintenance
✔✔10. System investigation - ✔✔a. Three Basic Solutions
b. Feasibility Study
c. Go / No Go Decision
✔✔11. Three basic solutions - ✔✔a. Do nothing and continue to use the existing system
unchanged
b. Modify or enhance the existing system
c. Develop a new system.
✔✔12. System Investigation: Feasibility study. - ✔✔a. Technical Feasibility
b. Economic Feasibility
c. Behavioral Feasibility
✔✔13. Systems Design. - ✔✔a. Technical Specifications include following:
b. System outputs, inputs, and user interfaces
c. Hardware, software, databases, telecommunications, personnel, and procedures
d. A blueprint of how these components are integrated
✔✔14. SLDC. - ✔✔a. Programming
b. Testing
c. Implementation
d. Three Major Conversion Strategies
e. Direct
✔✔10. Risk Mitigation. - ✔✔a. Risk acceptance.
b. Risk limitation.
c. Risk transference.
✔✔1. IT planning. - ✔✔a. Organizational Strategic Plan
b. IT Strategic Plan
c. IT Steering Committee
d. IS Operational Plan
✔✔2. IT strategic plan - ✔✔a. Must be aligned with the organization's strategic plan
b. Provide for an IT architecture
c. Efficiently allocate IS development resources
✔✔3. IT steering committee - ✔✔a. Link corporate strategy with IT strategy
b. Approve the allocation of resources for the MIS function
c. Establish performance measures for the MIS function and ensure they are met
✔✔4. IS Operational plan. - ✔✔a. Mission
b. IS Environment
c. Objectives of the IS Function
d. Constraints on the IS function
e. Application Portfolio
f. Resource Allocation and Project Management
✔✔5. Evaluation/Justification for IT investments. - ✔✔a. Assessing the Costs
b. Assessing the Benefits
c. Conducting the Cost-Benefit Analysis.
✔✔6. Conducting the cost-benefit analysis. - ✔✔a. Net Present Value
b. Return on Investment (ROI)
c. Breakeven Analysis
d. Business Case Approach
, ✔✔7. Fundamental decisions. - ✔✔a. How much computer code does the company
want to write?
b. How will the company pay for the application?
c. Where will the application run?
d. Where will the application originate?
✔✔8. Acquisition methods. - ✔✔a. Purchase a Prewritten Application
b. Customize a Prewritten Application
c. Lease the Application
d. Application Service Provider (ASP)
e. Software-as-a-Service (SaaS)
f. Use Open-Source Software
g. Outsourcing
h. Employ Custom Development
✔✔9. Systems Development Life Cycle - ✔✔a. Systems Investigation
b. Systems Analysis
c. Systems Design
d. Programming and Testing
e. Implementation
f. Operations and Maintenance
✔✔10. System investigation - ✔✔a. Three Basic Solutions
b. Feasibility Study
c. Go / No Go Decision
✔✔11. Three basic solutions - ✔✔a. Do nothing and continue to use the existing system
unchanged
b. Modify or enhance the existing system
c. Develop a new system.
✔✔12. System Investigation: Feasibility study. - ✔✔a. Technical Feasibility
b. Economic Feasibility
c. Behavioral Feasibility
✔✔13. Systems Design. - ✔✔a. Technical Specifications include following:
b. System outputs, inputs, and user interfaces
c. Hardware, software, databases, telecommunications, personnel, and procedures
d. A blueprint of how these components are integrated
✔✔14. SLDC. - ✔✔a. Programming
b. Testing
c. Implementation
d. Three Major Conversion Strategies
e. Direct
