SANS MGT514 2024 REAL EXAM |QUESTIONS AND 100% VERIFIED ANSWERS | ALREADY GRADED A+

SANS MGT514 2024 REAL EXAM |QUESTIONS AND 100% VERIFIED ANSWERS | ALREADY GRADED A+ Strategic planning (1:8) - -------- CORRECT ANSWERS----------deep analysis and understanding of the state of business and the threats faced by the organization Value to the organization (1:8) - -------- CORRECT ANSWERS----------develop your objectives based on the organization's vision and mission, stake holder risk appetite and opportunities Driving engagement (1:8) - -------- CORRECT ANSWERS----------execute on the plan by navigating the internal values and culture, developing a business case to get support and funding, and promoting your activities Organizational Transformation (1:8) - -------- CORRECT ANSWERS----------as a leader you must strive to lead, motivate, and inspire your team members and colleagues to accomplish their goals of the overall strategic planning process Security planning - Need (1:11) - -------- CORRECT ANSWERS----------requires an understanding of not only security threats and capabilities but also a deep understanding of the business environment & organizational goals. Verizon Data Breach Investigations Report (1:14) - -------- CORRECT ANSWERS----------Shows the percentages of breaches per threat action, i.e. Hacking, malware, social engineering Understanding the business (1:29) - -------- CORRECT ANSWERS----------1. Understand where you've been 2.Understand business Strategy 3.Understand macro factors that affect business stand and develop relationships with key stakeholders Business Model (1:41) - -------- CORRECT ANSWERS----------1. describes how you operate 2. generate revenue and make profit 3. deliver value at a reasonable cost Vertical Business Model (1:45) - -------- CORRECT ANSWERS----------combines multiple steps in a value chain into one organization e.g. development -> distro Horizontal Business model (1:45) - -------- CORRECT ANSWERS----------focus on one area of the value chain e.g. Product development PFF -Porter's Five Forces (1:47) - -------- CORRECT ANSWERS----------Developed by Micheal E Porter in 1979 who was an authority on competitive strategy and economic development. Method used to develop business strategy by understanding where power lies in a business situation PFF - Power of Customers (1:47) - -------- CORRECT ANSWERS----------Impact Customers have on your business. Force Driven by the # of customers you have, their importance to your business, and cost of switching them from you to another company PFF - Substitute Products (1:48) - -------- CORRECT ANSWERS----------The ability for your customer to find substitute products or an easier way to do what you do PFF - Power Of Suppliers (1:48) - -------- CORRECT ANSWERS----------how easy is it for suppliers to influence and drive up your prices. Uniqueness of their products, their strength/control of you PFF - Threats of new entrants (1:48) - -------- CORRECT ANSWERS----------how easy is it for people to join the market and can they become a threat and compete with your company PFF - Competitive Rivalry (1:48) - -------- CORRECT ANSWERS----------Look at the competition and their capabilities. If no one can do what you do, e.g. products/services, you will have tremendous strength Strategic objectives (1:56) - -------- CORRECT ANSWERS-----------Based on understanding the business model, strategy and competitive forces -Very high level and often vague