Chapter 1 Flashcards
Which three (aligning) roles does the CIO have?
Business Strategy, IT Strategy, IT Operation.
Which two generic strategies does Porter define?
Differentiation, Cost Leadership.
Which three generic strategies does Miles & Snow define?
Defender, Prospector, Analyzer.
What is differentiation?
Products and services with unique features.
What is cost leadership?
Lowest average unit costs in the industry.
Explain what a defender (strategy) is?
Stable, high quality, operational efficiency.
Explain what a prospector (strategy) is?
Create change, new products, innovativeness and flexibility.
Explain what a analyzer (strategy) is?
Follow prospector, waiting for stable, combination of two others.
What is a process?
Series of actions to achieve particular end.
What is an Information System?
A system that, facilitates, gathering, processing, storing, using and disseminating information.
What is Information Technology?
The hardware software and telecommunications.
Which four types of IS (applications) are there?
Operational support, Market support, Strategic decision, Inter-organizational.
What is IS strategy?
Looks at: what is required by business, Focus on: required systems, Is: business demand oriented.
What is the goal of IS strategy?
Ideal application portfolio.
What is IT strategy?
Looks at: how requirements can be deliverd, Focus on: technolgy, Is: supply oriented.