SIT Midterm Exam Questions & Answers 2023/2024

SIT Midterm Exam Questions & Answers 2023/2024 Roles of a general manager - ANSWER--make key decisions -doesn't require deep technical knowledge -aggressively seeks to understand the consequences of using technologies relevant to the business environment -asks questions when needed -plays an active role in IS decisions alongside IS professionals IS Alignment - ANSWER--IS must be aligned with the way the firm manages employees and processes IS Strategy Triangle - ANSWER--business strategy drives organizational and information strategies -changes in any IS strategy requires changes to all strategies to maintain balance Questions for the General Manager - ANSWER--what is a business strategy? -which factors influence a business strategy? -How does a business change its strategy without losing balance or becoming out of alignment -What specific events cause a business to change its strategies? strategy - ANSWER--a coordinated set of actions to fulfill objectives, purposes, and goals -starts with a mission business strategy - ANSWER--a plan articulating where a business seeks to go and how it expects to get there Porter's Generic Strategies Framework - ANSWER--describes how businesses can build a sustainable competitive advantage