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1. describes how you operate 2. generate revenue and
Business Model (1:41)
make profit 3. deliver value at a reasonable cost
Vertical Business Model combines multiple steps in a value chain into one
(1:45) organization e.g. development -> distro
Horizontal Business model focus on one area of the value chain e.g. Product
(1:45) development
Developed by Micheal E Porter in 1979 who was an
authority on competitive strategy and economic
PFF -Porter's Five Forces
development. Method used to develop business
(1:47)
strategy by understanding where power lies in a
business situation
Impact Customers have on your business. Force
PFF - Power of Customers Driven by the # of customers you have, their
(1:47) importance to your business, and cost of switching
them from you to another company
PFF - Substitute Products The ability for your customer to find substitute
(1:48) products or an easier way to do what you do
how easy is it for suppliers to influence and drive up
PFF - Power Of Suppliers
your prices. Uniqueness of their products, their
(1:48)
strength/control of you
how easy is it for people to join the market and can
PFF - Threats of new
they become a threat and compete with your
entrants (1:48)
company
, -Based on understanding the business model,
Strategic objectives (1:56) strategy and competitive forces
-Very high level and often vague
- Links high-level strategic objectives to specific
projects, initiatives
Strategy Maps (1:56) -Shows how to turn strategy into tangible outcomes
-highlights gaps in strategy implementation
-helps communicate strategy to entire organization
Management tool to identify external forces that
PEST Analysis (1:65)
impact a particular market, industry, or country.
Helps you understand macro trends of external
environment in which your company operates, and it
PEST Analysis - Why (1:66) provides an understanding of risks associated with
market growth or decline and your company's
position and potential direction
Government regulations and legal factors that affect
PEST - P - Political
the business environment and trade market, and they
(1:65,69,71)
will likely trickle down impact on your company
The overall health of the economy and how these
PEST - E - Economic
factors influence companies, organizations, and their
(1:65,74)
decisions.
Looks at cultural aspects of the market and how they
affect the demand for a company's products and/or
PEST - S - Social (1:65,78)
services; customer needs and determine what incents
them to make purchases
How technology can either positively or negatively
PEST - T - Technological impact a business and the products and/or services
(1:65,81) they provide. i.e. technology advancements, life cycle
of technologies, technology innovation
Technology deployment could impact not only
SMS - stakeholder
security, but also the enterprise. All stakeholders and
management strategy(1:91)
impact need to be identified and managed
,8/15/25, 1:13 AM SANS MGT514 EXAM (2025-2026
) QUESTIONS & CORRECT ANSWERS 100% SOLVED| GUARANTEED SUCCESS!! Flashcards | Q…
People or groups with a vested interest in the success
SMS - Stakeholder(1:95) of your strategy and who will affect of be affected by
your team's work.
Identifying stakeholders - hold a meeting with your
SMS - Phase 1(1:98,99) team of managers and staff to brainstorm who key
stakeholders might be
SIPOC - Stakeholder ID SIPOC (Suppliers, Inputs, Processes, Outputs, &
Tool Customers)
deep analysis and understanding of the state of
Strategic planning (1:8)
business and the threats faced by the organization
develop your objectives based on the organization's
Value to the organization
vision and mission, stake holder risk appetite and
(1:8)
opportunities
execute on the plan by navigating the internal values
Driving engagement (1:8) and culture, developing a business case to get
support and funding, and promoting your activities
as a leader you must strive to lead, motivate, and
Organizational inspire your team members and colleagues to
Transformation (1:8) accomplish their goals of the overall strategic
planning process
requires an understanding of not only security threats
Security planning - Need
and capabilities but also a deep understanding of the
(1:11)
business environment & organizational goals.
Verizon Data Breach Shows the percentages of breaches per threat action,
Investigations Report (1:14) i.e. Hacking, malware, social engineering
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, 8/15/25, 1:13 AM SANS MGT514 EXAM (2025-2026
) QUESTIONS & CORRECT ANSWERS 100% SOLVED| GUARANTEED SUCCESS!! Flashcards | Q…
1. Understand where you've been
2. Understand business Strategy
Understanding the
3. Understand macro factors that affect business
business (1:29)
4. understand and develop relationships with key
stakeholders
SIPOC - Suppliers Those people/groups who provide inputs
(1:102,112)
key requirements needed for the process to work.
SIPOC - Inputs (1:102,111) Should represent information/materials the suppliers
provide to you.
SIPOC - Processes defined series of activities;
(1:102,106)
SIPOC - Outputs tangible results of the process steps.
(1:102,108)
SIPOC - Customers recipients/users of the outputs produced at every
(1:102,110) step in the process.
SMS - Phase 2 (1:114) Understanding Stakeholder motivation
Understand stakeholders - meeting with them will
SMS - Phase 2 - Step 1 help you better understand what motivates them,
(1:114) what they want/need from you, what interests they
have in your work.
Mapping Power and Interest - three levels of power
SMS - Phase 2 - Step 2
veto, vote, voice; Three levels of interest - High,
(1:114)
medium, low
Prioritize Stakeholders - High power/interested
SMS - Phase 2 - Step 3 people, high power/less interested people, Low
(1:114) power/interested people, Low power/less interested
people
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