BTM Quiz 1 Content – Study Guide, Key Concepts & Practice Questions
What does BT stand for? What does it deliver? - ANS ✔✔BT = Business technology
- application of IT
- delivers a business capability or automate a business operation
Business Technology can be thought of as the result of _______________________,
_____________, ______________, and using _______ to produce a _______________ - ANS
✔✔configuring, implementing, applying, and using IT to produce a business result
What is BTM? - ANS ✔✔is a set of processes and services that unite BT and BM strategies to
extract total business technology potential
What does BTM stand for? - ANS ✔✔Business technology management
Why do we need to study BTM? - ANS ✔✔- changes in fast paced world of business
- technology is the heart of everything
How does one become a digital leader? - ANS ✔✔Must develop new skills to effectively guide
their organization into the uncertain future of the digital age
Name 3 traits a digital leader has - ANS ✔✔Direction, Innovation, Execution
Why do new leaders need to understand technology? - ANS ✔✔- Companies lack qualified
leaders to effectively lead companies during digital disruption
- maturing companies far likely to take action and develop leaders who can lead technology
, How is digital Business different? - ANS ✔✔- requires companies to react faster than ever
before
- speed allows new competitors to enter market easily
What are the challenges of competing in a digital environment? - ANS ✔✔- big companies
driven by fear of failure if they try to experiment
- early stage companies overestimate technological component of digital maturity
- maturing companies regard the challenges in organizational terms
What are the 4 critical dimensions of BTM? - ANS ✔✔1. Business processes
2. Organizational structure
3. Data and Information
4. Technology
What processes must be evaluated to effectively implement BTM? - ANS ✔✔-efficiency - doing
things right
(little redundancy)
- effectiveness - doing the right things
List 3 traits for an organizational structure - ANS ✔✔roles, responsibilities, decision rights
Organizational structures generally include the following: - ANS ✔✔Participative bodies
Centralized bodies
Needs-based bodies
What are participative bodies? - ANS ✔✔involve senior-level business and technology
participants on a part time but routine basis
What does BT stand for? What does it deliver? - ANS ✔✔BT = Business technology
- application of IT
- delivers a business capability or automate a business operation
Business Technology can be thought of as the result of _______________________,
_____________, ______________, and using _______ to produce a _______________ - ANS
✔✔configuring, implementing, applying, and using IT to produce a business result
What is BTM? - ANS ✔✔is a set of processes and services that unite BT and BM strategies to
extract total business technology potential
What does BTM stand for? - ANS ✔✔Business technology management
Why do we need to study BTM? - ANS ✔✔- changes in fast paced world of business
- technology is the heart of everything
How does one become a digital leader? - ANS ✔✔Must develop new skills to effectively guide
their organization into the uncertain future of the digital age
Name 3 traits a digital leader has - ANS ✔✔Direction, Innovation, Execution
Why do new leaders need to understand technology? - ANS ✔✔- Companies lack qualified
leaders to effectively lead companies during digital disruption
- maturing companies far likely to take action and develop leaders who can lead technology
, How is digital Business different? - ANS ✔✔- requires companies to react faster than ever
before
- speed allows new competitors to enter market easily
What are the challenges of competing in a digital environment? - ANS ✔✔- big companies
driven by fear of failure if they try to experiment
- early stage companies overestimate technological component of digital maturity
- maturing companies regard the challenges in organizational terms
What are the 4 critical dimensions of BTM? - ANS ✔✔1. Business processes
2. Organizational structure
3. Data and Information
4. Technology
What processes must be evaluated to effectively implement BTM? - ANS ✔✔-efficiency - doing
things right
(little redundancy)
- effectiveness - doing the right things
List 3 traits for an organizational structure - ANS ✔✔roles, responsibilities, decision rights
Organizational structures generally include the following: - ANS ✔✔Participative bodies
Centralized bodies
Needs-based bodies
What are participative bodies? - ANS ✔✔involve senior-level business and technology
participants on a part time but routine basis
