The old business axiom time is money needs to be

12. The old business axiom "time is money"
needs to be updated to more accurately
reflect the crucial interdependence
between IT and business processes. What
is 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 Thinking
AACSB: Technology
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 05-03 Explain why ethics and security are fundamental building blocks of business today.
Topic: Organizational Fundamentals-Ethics and Security
13. According to Infonetics research, what is
the leading cause of downtime?

Software failure followed by human error
is the leading cause of downtime.
AACSB: Reflective Thinking
AACSB: Technology
Blooms: Remember
Difficulty: 1 Easy
Learning 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 Thinking
AACSB: Technology
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 05-03 Explain why ethics and security are fundamental building blocks of business today.
Topic: Organizational Fundamentals-Ethics and Security

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 Thinking
AACSB: Technology
Blooms: Understand
Difficulty: 2 Medium
Learning 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).

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.