If you want to find out what an organisation's strategy is, what action should you take? O a. Look at what the organisation actually does O b. Read the Strategic plan O c. Ask the CEO O d. Read the mission statement

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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If you want to find out what an organisation's strategy is, what action should you take?
a. Look at what the organisation actually does
O b. Read the Strategic plan
O c. Ask the CEO
O d. Read the mission statement
Identify the general transformation cycle:
O a. Data to information to knowledge
O b. Information to data to knowledge
O c. Data to knowledge to information
O d. Knowledge to data to information
Transcribed Image Text:If you want to find out what an organisation's strategy is, what action should you take? a. Look at what the organisation actually does O b. Read the Strategic plan O c. Ask the CEO O d. Read the mission statement Identify the general transformation cycle: O a. Data to information to knowledge O b. Information to data to knowledge O c. Data to knowledge to information O d. Knowledge to data to information
What are the TWO (2) broad roles that Information Systems provide?
O a. Improve business operations and reduce inaccuracies and capabilities
O b.
Automate business transactions and increase accuracy and efficiency
O c.
Encourage job effectiveness and promote know-how
O d. Process business transactions and decrease productivity and correctness
Which of the following is a road map indicating the direction of systems development, the rationale, the
current situation, new developments to consider, the management strategy, the implementation plan and the
budget?
Request for proposal
Strategic plan
Project plan
O a.
O b.
O c.
O d. Information systems plan
Transcribed Image Text:What are the TWO (2) broad roles that Information Systems provide? O a. Improve business operations and reduce inaccuracies and capabilities O b. Automate business transactions and increase accuracy and efficiency O c. Encourage job effectiveness and promote know-how O d. Process business transactions and decrease productivity and correctness Which of the following is a road map indicating the direction of systems development, the rationale, the current situation, new developments to consider, the management strategy, the implementation plan and the budget? Request for proposal Strategic plan Project plan O a. O b. O c. O d. Information systems plan
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