BTM Quiz 1 UPDATED Actual Exam Questions and CORRECT Answers
2 views 0 purchase
Course
BTM
Institution
BTM
BTM Quiz 1 UPDATED Actual Exam
Questions and CORRECT Answers
What does BT stand for? What does it deliver? - CORRECT ANSWER- 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 ...
BTM Quiz 1 UPDATED Actual Exam
Questions and CORRECT Answers
What does BT stand for? What does it deliver? - CORRECT ANSWER✔✔- 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 _______________ -
CORRECT ANSWER✔✔- configuring, implementing, applying, and using IT to produce a
business result
What is BTM? - CORRECT ANSWER✔✔- is a set of processes and services that unite BT
and BM strategies to extract total business technology potential
What does BTM stand for? - CORRECT ANSWER✔✔- Business technology management
Why do we need to study BTM? - CORRECT ANSWER✔✔- - changes in fast paced world
of business
- technology is the heart of everything
How does one become a digital leader? - CORRECT ANSWER✔✔- Must develop new
skills to effectively guide their organization into the uncertain future of the digital age
Name 3 traits a digital leader has - CORRECT ANSWER✔✔- Direction, Innovation,
Execution
Why do new leaders need to understand technology? - CORRECT ANSWER✔✔- -
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? - CORRECT ANSWER✔✔- - 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? - CORRECT ANSWER✔✔-
- 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? - CORRECT ANSWER✔✔- 1. Business
processes
2. Organizational structure
3. Data and Information
4. Technology
What processes must be evaluated to effectively implement BTM? - CORRECT
ANSWER✔✔- -efficiency - doing things right
(little redundancy)
- effectiveness - doing the right things
List 3 traits for an organizational structure - CORRECT ANSWER✔✔- roles,
responsibilities, decision rights
Organizational structures generally include the following: - CORRECT ANSWER✔✔-
Participative bodies
Centralized bodies
Needs-based bodies
What are participative bodies? - CORRECT ANSWER✔✔- involve senior-level business
and technology participants on a part time but routine basis
i.e IT guys that come every other week
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
