The type of IT Strategy initiative that typically does not receive funding by traditional methods because of the high-risk nature of the project is called a/an:
A) Infrastructure initiative.
B) Opportunity leverage initiative.
C) Business opportunities initiative.
D) Business enabling initiative.
E) Business improvement initiative.

Question

Quizplus · Accepted Answer

An opportunity leverage initiative is a type of IT strategy initiative that involves taking a high-risk approach to capturing unique market opportunities. These initiatives may involve developing new products, entering new markets, or pursuing innovative business models. However, because of the high-risk nature of these initiatives, they often do not receive funding through traditional methods. Instead, they may require more creative approaches to securing resources, such as partnering with investors or seeking out strategic alliances.

The Type of IT Strategy Initiative That Typically Does Not