Introduction to Information Systems Study Set 7

The _________ delineates the way an organization should utilize its information resources to accomplish its mission.

The _________ consists of a clear set of projects that the IS department and the functional area managers will execute in support of the IT strategic plan.

_________ is a managerial aspect of the IT architecture.

The _________ is/are a summary of the information needs of the individual functional areas and of the organization as a whole.

Which of the following is NOT an objective of the IT strategic plan?

_________ is a technical aspect of the IT architecture.

The first step in the information systems planning process is to ________.

The _________ identifies the firm's overall mission, the goals that follow from that mission, and the broad steps required to reach these goals.

_________ costs are those costs that remain the same regardless of any change in the company's activity level. The CIO's salary is an example of a _________ cost.

Paychex provides a ____ to its customers that are primarily ____ businesses.

Paychex original development model was _______.

The _________ is/are a prioritized inventory of present applications and a detailed plan of projects to be developed or continued during the current year.

_________ is NOT a major task of the IT steering committee.

The IT steering committee is comprised of ________.

The _________ is/are the technological, financial, personnel, and other resource limitations on the IS function.

_________ is a method to convert future values of benefits to their present-value equivalent by "discounting" them at the organization's cost of funds.

_________ measures management's effectiveness in generating profits with its available assets by dividing the net income generated by a project by the average assets invested in the project.

The _________ is a set of long-range goals that describe the IT infrastructure and identify the major IT initiatives need to achieve the organization's goals.

The _________ is/are the best current estimate of the goals of the IS function.

_________ determines the point at which the cumulative dollar value of the benefits from a project equals the investment made in the project.