SANS MGT514 Actual Exam
Questions With Reviewed 100%
Correct Detailed Answers
Guaranteed Pass
1. Strategic planning (1:8) - ANSWER deep analysis and understanding of
the state of business and the threats faced by the organization
2. Value to the organization (1:8) - ANSWER develop your objectives based
on the organization's vision and mission, stake holder risk appetite and
opportunities
3. Driving engagement (1:8) - ANSWER execute on the plan by navigating
the internal values and culture, developing a business case to get support
and funding, and promoting your activities
4. Organizational Transformation (1:8) - ANSWER as a leader you must
strive to lead, motivate, and inspire your team members and colleagues to
accomplish their goals of the overall strategic planning process
5. Security planning - Need (1:11) - ANSWER requires an understanding of
not only security threats and capabilities but also a deep understanding of
the business environment & organizational goals.
,6. Verizon Data Breach Investigations Report (1:14) - ANSWER Shows the
percentages of breaches per threat action, i.e. Hacking, malware, social
engineering
7. Understanding the business (1:29) - ANSWER 1. Understand where
you've been
2.Understand business Strategy
3.Understand macro factors that affect business 4.understand and develop
relationships with key stakeholders
8. Business Model (1:41) - ANSWER 1. describes how you operate 2.
generate revenue and make profit 3. deliver value at a reasonable cost
9. Vertical Business Model (1:45) - ANSWER combines multiple steps in a
value chain into one organization e.g. development -> distro
10.Horizontal Business model (1:45) - ANSWER focus on one area of the
value chain e.g. Product development
11.PFF -Porter's Five Forces (1:47) - ANSWER Developed by Micheal E
Porter in 1979 who was an authority on competitive strategy and economic
development. Method used to develop business strategy by understanding
where power lies in a business situation
12.PFF - Power of Customers (1:47) - ANSWER Impact Customers have on
your business. Force Driven by the # of customers you have, their
, importance to your business, and cost of switching them from you to
another company
13.PFF - Substitute Products (1:48) - ANSWER The ability for your customer
to find substitute products or an easier way to do what you do
14.PFF - Power Of Suppliers (1:48) - ANSWER how easy is it for suppliers to
influence and drive up your prices. Uniqueness of their products, their
strength/control of you
15.PFF - Threats of new entrants (1:48) - ANSWER how easy is it for people
to join the market and can they become a threat and compete with your
company
16.PFF - Competitive Rivalry (1:48) - ANSWER Look at the competition and
their capabilities. If no one can do what you do, e.g. products/services, you
will have tremendous strength
17.Strategic objectives (1:56) - ANSWER -Based on understanding the
business model, strategy and competitive forces
-Very high level and often vague
Strategy Maps (1:56) - ANSWER - Links high-level strategic objectives to
specific projects, initiatives
-Shows how to turn strategy into tangible outcomes
-highlights gaps in strategy implementation
, -helps communicate strategy to entire organization
PEST Analysis (1:65) - ANSWER Management tool to identify external forces
that impact a particular market, industry, or country.
PEST Analysis - Why (1:66) - ANSWER Helps you understand macro trends of
external environment in which your company operates, and it provides an
understanding of risks associated with market growth or decline and your
company's position and potential direction
PEST - P - Political (1:65,69,71) - ANSWER Government regulations and legal
factors that affect the business environment and trade market, and they will likely
trickle down impact on your company
PEST - E - Economic (1:65,74) - ANSWER The overall health of the economy
and how these factors influence companies, organizations, and their decisions.
PEST - S - Social (1:65,78) - ANSWER Looks at cultural aspects of the market
and how they affect the demand for a company's products and/or services;
customer needs and determine what incents them to make purchases
PEST - T - Technological (1:65,81) - ANSWER How technology can either
positively or negatively impact a business and the products and/or services they
provide. i.e. technology advancements, life cycle of technologies, technology
innovation
Questions With Reviewed 100%
Correct Detailed Answers
Guaranteed Pass
1. Strategic planning (1:8) - ANSWER deep analysis and understanding of
the state of business and the threats faced by the organization
2. Value to the organization (1:8) - ANSWER develop your objectives based
on the organization's vision and mission, stake holder risk appetite and
opportunities
3. Driving engagement (1:8) - ANSWER execute on the plan by navigating
the internal values and culture, developing a business case to get support
and funding, and promoting your activities
4. Organizational Transformation (1:8) - ANSWER as a leader you must
strive to lead, motivate, and inspire your team members and colleagues to
accomplish their goals of the overall strategic planning process
5. Security planning - Need (1:11) - ANSWER requires an understanding of
not only security threats and capabilities but also a deep understanding of
the business environment & organizational goals.
,6. Verizon Data Breach Investigations Report (1:14) - ANSWER Shows the
percentages of breaches per threat action, i.e. Hacking, malware, social
engineering
7. Understanding the business (1:29) - ANSWER 1. Understand where
you've been
2.Understand business Strategy
3.Understand macro factors that affect business 4.understand and develop
relationships with key stakeholders
8. Business Model (1:41) - ANSWER 1. describes how you operate 2.
generate revenue and make profit 3. deliver value at a reasonable cost
9. Vertical Business Model (1:45) - ANSWER combines multiple steps in a
value chain into one organization e.g. development -> distro
10.Horizontal Business model (1:45) - ANSWER focus on one area of the
value chain e.g. Product development
11.PFF -Porter's Five Forces (1:47) - ANSWER Developed by Micheal E
Porter in 1979 who was an authority on competitive strategy and economic
development. Method used to develop business strategy by understanding
where power lies in a business situation
12.PFF - Power of Customers (1:47) - ANSWER Impact Customers have on
your business. Force Driven by the # of customers you have, their
, importance to your business, and cost of switching them from you to
another company
13.PFF - Substitute Products (1:48) - ANSWER The ability for your customer
to find substitute products or an easier way to do what you do
14.PFF - Power Of Suppliers (1:48) - ANSWER how easy is it for suppliers to
influence and drive up your prices. Uniqueness of their products, their
strength/control of you
15.PFF - Threats of new entrants (1:48) - ANSWER how easy is it for people
to join the market and can they become a threat and compete with your
company
16.PFF - Competitive Rivalry (1:48) - ANSWER Look at the competition and
their capabilities. If no one can do what you do, e.g. products/services, you
will have tremendous strength
17.Strategic objectives (1:56) - ANSWER -Based on understanding the
business model, strategy and competitive forces
-Very high level and often vague
Strategy Maps (1:56) - ANSWER - Links high-level strategic objectives to
specific projects, initiatives
-Shows how to turn strategy into tangible outcomes
-highlights gaps in strategy implementation
, -helps communicate strategy to entire organization
PEST Analysis (1:65) - ANSWER Management tool to identify external forces
that impact a particular market, industry, or country.
PEST Analysis - Why (1:66) - ANSWER Helps you understand macro trends of
external environment in which your company operates, and it provides an
understanding of risks associated with market growth or decline and your
company's position and potential direction
PEST - P - Political (1:65,69,71) - ANSWER Government regulations and legal
factors that affect the business environment and trade market, and they will likely
trickle down impact on your company
PEST - E - Economic (1:65,74) - ANSWER The overall health of the economy
and how these factors influence companies, organizations, and their decisions.
PEST - S - Social (1:65,78) - ANSWER Looks at cultural aspects of the market
and how they affect the demand for a company's products and/or services;
customer needs and determine what incents them to make purchases
PEST - T - Technological (1:65,81) - ANSWER How technology can either
positively or negatively impact a business and the products and/or services they
provide. i.e. technology advancements, life cycle of technologies, technology
innovation
