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BTM Quiz 1 UPDATED Actual Exam Questions and CORRECT Answers

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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 ...

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  • September 24, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BTM
  • BTM
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MGRADES
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

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