Section 4 Information Technology

Question 1

Make Sure to Read the Notes. Both Ninja and Superfast on IT.

Question 2

The COBIT Model

Answer 2

The COBIT model provides a framework for the implementation of information technology into the control system of an organization, and so that the organization can understand the risks involved in doing so. It’s also to guide managers and users
to adopt IT best practices.

COBIT is Designed to Figure out 3 main things:

Objectives, Resources and Processes

Question 3

Change Management

Answer 3

Change management refers to an organization’s policies and procedures governing change within the organization.

Change Management Risks -
Acquisition Risk
Integration Risk
Outsourcing Risk

Question 4

Stages of the Systems Development Lifecycle

Answer 4

Stage 1 - Planning and Feasibility

Stage 2 - Analysis

Stage 3 - Design

Stage 4 - Development

Stage 5 - Testing

Stage 6 - Implementation

Stage 7 - Maintenance

Question 5

ERP - Enterprise-Wide Resource Planning System

Answer 5

This is a software system that processes transactions, supports management, and aids decision making throughout the entire organization in one single package. In other words, an ERP integrates all of the data maintained by the organization into one database. This improves flexibility and the decision-making process by having all information in one place.