ISM 280 Final Exam Questions with Correct Answers Latest Update

ISM 280 Final Exam Questions with Correct Answers Latest Update Considering the allocation of resources to fill gap serves which of the following strategy? - Answers Forecast the future Focusing on meeting the annual budgets serves which of the following strategy? - Answers Meet the budget Having a well-defined strategic framework serves which of the following strategy? - Answers Create a new future Low relative market share and high market growth rate defines a _____ type of product. - Answers wild cat Low relative market share and low market growth rate defines a _____ type of product. - Answers dog Evaluating options serves which of the following strategy? - Answers Strategic orientation Having a well-established business processes serves which of the following strategy? - Answers Create a new future Undertaking a gap analysis serves which of the following strategy? - Answers Forecast the future What is not a characteristic of introduction phase of Product Lifecycle? - Answers profit What is a characteristic of introduction phase of Product Lifecycle? - Answers Low level of sales What is not a characteristic of S-curve? - Answers Shorter introduction What is the general state of profit margin in the maturity phase of Product Lifecycle? - Answers Decrease in Profit Margin What is a characteristic of growth phase of Product Lifecycle? - Answers Product gets known What is the general state of profit margin in the growth phase of Product Lifecycle? - Answers Good Profit Margin What disruptive technologies often do in terms of physical processes? - Answers Use the alternative one What is not a characteristic of the decline phase of Product Lifecycle? - Answers Competitors exit market Under project planning activities, estimating the project completion is a part of ________. - Answers duration PERT/CPM shows ___________ and time for each project activity. - Answers sequence Under project planning activities, defining what leads to successful completion is a part of _________. - Answers approach Under project planning activities, defining policies to release fund is a part of ___________. - Answers authorization Which of the following is not a quality of an effective IT project management? - Answers argumentation The ______________ process enables the project manager to evaluate where they need to go. - Answers planning Under project planning activities, defining deliverables is a part of ________________. - Answers goals and objectives Under project planning activities, estimating the total cost is a part of ______________. - Answers budget "A software is not available at the time of requested use" - this statement relates to which of the following principle? - Answers availability _____________ refers to data and information being available when required. - Answers availability _____________ refers to the concept of wholeness and completeness. - Answers integrity Website digital signature relates to which of the following principle? - Ans