The old business axiom time is money needs to be updated to more accurately

The old business axiom time is money needs to be

This preview shows page 17 - 21 out of 26 pages.

12.The old business axiom "time is money" needs to be updated to more accurately reflect the crucial interdependence between IT and business processes. Whatis the recommended new phrase? A. Uptime is a good business process.B. Downtime is a bad business process.C.Uptime is money.D. Downtime is impossible.To reflect the times, the phrase should state "uptime is money."AACSB: Reflective ThinkingAACSB: TechnologyBlooms: RememberDifficulty: 1 EasyLearning Objective: 05-03 Explain why ethics and security are fundamental building blocks of business today.Topic: Organizational Fundamentals-Ethics and Security13.According to Infonetics research, what is the leading cause of downtime?
Background image
Software failure followed by human error is the leading cause of downtime.AACSB: Reflective ThinkingAACSB: TechnologyBlooms: RememberDifficulty: 1 EasyLearning Objective: 05-03 Explain why ethics and security are fundamental building blocks of business today.Topic: Organizational Fundamentals-Ethics and Security 14.Which of the following is one of the four categories of costs associated with downtime? Financial performance, revenue, and damaged reputation are all costs associated with downtime.AACSB: Reflective ThinkingAACSB: TechnologyBlooms: RememberDifficulty: 1 EasyLearning Objective: 05-03 Explain why ethics and security are fundamental building blocks of business today.Topic: Organizational Fundamentals-Ethics and Security
Background image
15.Trina Hauger works for Johnson Electric as a corporate lawyer, and part of her duties are to ensure the ethical and legal use of information within the company. Which of the following represents Trina's role at Johnson Electric? The CPO is responsible for ensuring the ethical and legal use of information within a company.AACSB: Reflective ThinkingAACSB: TechnologyBlooms: UnderstandDifficulty: 2 MediumLearning Objective: 05-01 Define the primary IT roles along with their associated responsibilities.Topic: Organizational Structures 16.Jeremy Bridges is an executive for Green Web Designs, where his primary role is to ensure the security of business systems and develop strategies to protect the company from online viruses and hackers.What is Jeremy's role within the company? A. Chief Executive Officer (CEO).B.Chief Security Officer (CSO).C. Chief Procurement Officer (CPO).
Background image
D. Chief Technology Officer (CTO).The Chief Security Officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses.
Background image
Image of page 21

You've reached the end of your free preview.

Want to read all 26 pages?

  • Spring '14
  • Management occupations, AACSB, Chief information officer

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture