ISDS 3001 Burns Final Exam Study Guide

ISDS 3001 Burns Final Exam Study Guide A long term proposal that identifies new systems, new projects, or new directions for the IS organization is an example of: - CORRECT ANSWER-A strategic initiative Which of the following is not an advantage offered by the information system planning process? - CORRECT ANSWER-The information systems plan is an informed contract that specifies the objective of information systems deployment and the responsibilities of the parties involved The following statement: "We will store data centrally for all mission critical applications" is an example of: - CORRECT ANSWER-Information Systems Guideline Why do we need to create an Information System Vision during the strategic IS planning process? - CORRECT ANSWER-It defines the role that information systems should play in the organization As part of its' IS strategic business planning process, a multinational large bank is conducting a SWOT analysis to review how well equipped it is to achieve its vision in accordance with the newly developed IS guidelines. The bank is globally recognized as one of the most innovative institutions in the industry that tends to keep up with the latest technology trends. In this context, blockchain, the distributed ledger technology, is likely to be perceived by the bank as: - CORRECT ANSWER-An opportunity There are six key questions that senior executives should answer when getting involved in information systems management. The first question is "How much should we spend on IT?" This question is intended to: - CORRECT ANSWER-Decide what the role of information systems and technology should be in the organization. In September 2018, Facebook suffered the biggest data breach in its 14-year history as a social media platform. An attack on Facebook's computer network exposed the personal information of nearly 50 million users. Going forward, one of the critical success factors of Facebook would be to: - CORRECT ANSWER-Increase user confidence and trust in Facebook by ensuring improved security measures within the platform An information system vision defines the role that information systems should play in the organization. For what kind of organizations do information systems play a more strategic role? - CORRECT ANSWER-The organizations whose success in the marketplace depends heavily on their ability to introduce IT innovations