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Download IT Strategy 1st Edition McKeen Test Bank all chapters
Download IT Strategy 1st Edition McKeen Test Bank all chapters
Download IT Strategy 1st Edition McKeen Test Bank all chapters
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IT Strategy in Action (McKeen/Smith)
Chapter 8 Information Management: The Nexus of Business and IT
1) Information delivery is the most important part of an IT group.
Answer: TRUE
Page Ref: 98
Skill: Easy
AACSB: Use of IT
2) IM has three distinct but related drivers: compliance, staffing, application and development costs.
Answer: FALSE
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
3) Information capabilities have been shown to contribute to IT effectiveness and individual effectiveness, but
can not be directly linked to overall business performance.
Answer: FALSE
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
4) Technology management capabilities are the ability to capture, organize, use, and maintain information.
Answer: FALSE
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
6) Captured and used in the right way, information can be considered structural capital.
Answer: TRUE
Page Ref: 99
Skill: Easy
AACSB: Use of IT
1
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
9) IM focuses on how best to leverage the know-how and intangible experience of the organization's human
capital.
Answer: FALSE
Page Ref: 100
Skill: Hard
AACSB: Use of IT
10) A framework for implementing KM involves several stages that move from general principles to specific
applications.
Answer: FALSE
Page Ref: 100
Skill: Hard
AACSB: Use of IT
11) Because information use crosses traditional functional boundaries, organizations must take an enterprise
perspective on IM for it to be effective.
Answer: TRUE
Page Ref: 100
Skill: Easy
AACSB: Use of IT
12) IM policies provide guidance for more detailed directives on accountabilities, quality, security, privacy, risk
tolerances, and prioritization of effort.
Answer: TRUE
Page Ref: 102
Skill: Easy
AACSB: Use of IT
13) The operational components act as a context to describe current IM practices in the organization and
reference existing best practices in each area.
Answer: TRUE
Page Ref: 102
Skill: Moderate
AACSB: Use of IT
14) The strategic components act as a context to describe current IM practices in the organization and reference
existing best practices in each area.
Answer: FALSE
Page Ref: 102
Skill: Moderate
AACSB: Use of IT
15) Because mostly IT groups spearhead IM efforts, there is a danger of IM initiatives as being perceived as a
"technology thing" only.
Answer: TRUE
Page Ref: 102
Skill: Moderate
AACSB: Use of IT
16) It is actually harder to set information standards that it is to implement information standards in an
organization.
Answer: FALSE
Page Ref: 103
Skill: Hard
2
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
AACSB: Use of IT
17) Information delivery is the responsibility of IT, while information management requires a partnership
between IT and the business.
Answer: TRUE
Page Ref: 98
Skill: Easy
AACSB: Use of IT
18) IT is involved with almost every aspect of IM which is delegated by the business to IT.
Answer: FALSE
Page Ref: 99
Skill: Easy
AACSB: Use of IT
19) IM requires new skills and competencies, new frames of reference, but is often applied to existing processes.
Answer: FALSE
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
20) Information management addresses the business and IT issues, but does not address challenges in managing
information effectively.
Answer: FALSE
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
3
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
23) Which of the following can be considered structured capital?
A) Human capital
B) Financial capital
C) Strategy
D) Information
Answer: D
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
24) ________ is the ability to capture information to organize, use, and maintain information.
A) Information management
B) Technology management
C) Knowledge management
D) Strategy management
E) All the above
Answer: A
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
25) ________ provides the technology, tools, and processes with which to manipulate data.
A) Information management
B) Technology management
C) Knowledge management
D) Strategy management
E) All the above
Answer: B
Page Ref: 99
Skill: Moderate
AACSB: Use of IT
26) ________ focuses on how best to leverage the know-how and intangible experience of the organization's
human capital.
A) Information management
B) Technology management
C) Knowledge management
D) Strategy management
E) All the above
Answer: C
Page Ref: 99
Skill: Easy
AACSB: Use of IT
27) KM provides the technology, tools, and processes with which to ________ data.
A) manipulate
B) protect
C) organize
D) All of the above
E) None of the above
Answer: E
Page Ref: 100
Skill: Hard
4
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
AACSB: Use of IT
28) ________ represents the "meat" in the data-information-knowledge continuum and provides a
foundation that can be used by both IT and KM to create business value.
A) IM
B) IT
C) KM
D) TM
E) None of the above
Answer: A
Page Ref: 100
Skill: Hard
AACSB: Use of IT
29) ________ is the means to clarify how the enterprise will manage information as an integrated resource.
A) Information management
B) Technology management
C) Knowledge management
D) Strategy management
E) All the above
Answer: A
Page Ref: 99
Skill: Easy
AACSB: Use of IT
30) ________ is responsible for the complete information life cycle of a business.
A) Information management
B) Technology management
C) Knowledge management
D) Strategy management
E) All the above
Answer: A
Page Ref: 100
Skill: Moderate
AACSB: Use of IT
31) Which of the following IM framework stages helps to ensure that quality, accuracy, and control goals can be
met?
A) Develop an IM Policy
B) Articulate Operational Components
C) Establish Information Stewardship
D) Build Information Standards
E) None of the above
Answer: D
Page Ref: 103
Skill: Moderate
AACSB: Use of IT
5
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
32) Which if the following IM framework stages determines who may access information according to privacy
and security policies and provides guidance for the retention and deletion of information in accordance with
regulatory and legal requirements?
A) Develop an IM Policy
B) Articulate Operational Components
C) Establish Information Stewardship
D) Build Information Standards
E) All of the above
Answer: C
Page Ref: 102
Skill: Moderate
AACSB: Use of IT
33) Which of the following IM framework stages features operational components that describe what needs to be
in place in order to put the corporate IM policy into practice across the organization?
A) Develop an IM Policy
B) Articulate Operational Components
C) Establish Information Stewardship
D) Build Information Standards
E) None of the above
Answer: B
Page Ref: 101
Skill: Hard
AACSB: Use of IT
34) Which of the following IM framework stages provides for developing the processes, standards, and
guidelines needed to manage information assets well throughout the enterprise?
A) Develop an IM Policy
B) Articulate Operational Components
C) Establish Information Stewardship
D) Build Information Standards
E) All of the above
Answer: A
Page Ref: 101
Skill: Hard
AACSB: Use of IT
35) Which of the following IM framework stages requires adaptation of general principles to specific applications
and distinct activities?
A) Develop an IM Policy
B) Articulate Operational Components
C) Establish Information Stewardship
D) Build Information Standards
E) All of the above
Answer: E
Page Ref: 101
Skill: Hard
AACSB: Use of IT
6
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
36) When information is used more broadly through out a business ________ need to be established.
A) protections
B) standards
C) applications
D) policies
E) Both B and D
Answer: E
Page Ref: 100
Skill: Moderate
AACSB: Use of IT
7
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
40) Which of the following behaviors are strongly correlated to organizational performance when they are
present with strong IT and IM practices?
A) Integrity
B) Formality
C) Transparency
D) Control
E) All the above
Answer: E
Page Ref: 104
Skill: Hard
AACSB: Use of IT
41) What is the most challenging issue often encountered when implementing more effective processes and
practices around information management? List (3) behaviors that demonstrate how this issue is manifested.
Answer: One of the most comprehensive challenges is changing the culture and behavior surrounding
information. There are six interdependent beliefs and behaviors that are needed by all staff to support a
positive "information orientation."
Formality. This is the ability to trust formal sources of information (as opposed to informal ones).
Formality enables an organization to provide accurate and consistent information about the business
and establish formal processes and information flows that can be used to improve performance.
Control. Once formal information is trusted, it can be used to develop integrated performance criteria
and measures for all levels of the company. Control will enable monitoring and performance
improvement at the individual and work unit levels and can be linked to compensation and rewards.
Transparency. This describes a level of trust among members of an organization that enables them to
speak about errors or failures in an open and constructive manner without fear of unfair repercussions.
Transparency is necessary to identify and respond effectively to problems and for learning to take
place.
Sharing. Both sensitive and non-sensitive information is freely exchanged among individuals and
across functional boundaries. Information exchanges are both initiated by employees and formally
promoted through programs and forums.
8
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
42) List and describe (4) components of an effective information-security strategy.
Answer: Any combination of the following:
An information protection center, which does data classification and vulnerability analysis and issues
alerts.
Identity management, including access management, digital rights management, and encryption
technology.
43) What are some of the challenges IT faces in getting information to the business?
Answer: Effective delivery of information and implementation of new technologies to deliver information is one
of the greatest challenges IT faces. IT must also develop new internal non-technical and analytic
capabilities for information delivery. Information delivery makes IT work much more visible in the
organization. Developing standard data models, integrating information into work processes, and
encouraging business managers to put the customer/employee/supplier first in their decision making
involves IT practitioners in organizational and political conflicts that most would likely prefer to avoid.
Page Ref: 98
Skill: Moderate
AACSB: Use of IT
44) List some examples of emerging regulations that are starting to shape the IM requirements of all companies.
Answer: Information privacy, security safeguards on customer information, long-term storage of historical
records, and stronger auditability.
Page Ref: 99
Skill: Easy
AACSB: Use of IT
9
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
45) List and describe (5) examples of structured and or unstructured information needed and produced by the
business.
Answer: Any combination of the following:
Customer information
Financial information
Operational information
Product information
HR information
Performance information
Documents
E-mail and instant messages
Images and multimedia materials
Business intelligence
Relationship information (e.g., suppliers, partners)
Page Ref: 100
Skill: Moderate
AACSB: Use of IT
46) List and describe the (4) steps involved in developing an Information Management framework.
Answer: Stage One: Develop an IM Policy. A policy outlines the terms of reference for making decisions about
information and provides the basis for corporate directives. Policies also provide for developing the
processes, standards, and guidelines needed to manage information assets well throughout the
enterprise. IM policies provide guidance for more detailed directives on accountabilities, quality,
security, privacy, risk tolerances, and prioritization of effort.
Stage Two: Articulate Operational Components. — Operational components describe what needs to
be in place in order to put the corporate IM policy into practice across the organization. Each
component will have several "elements" that vary according to what different organizations deem
important. Together, the operational components act as a context to describe current IM practices in the
organization and reference existing best practices in each area.
Stage Three: Establish Information Stewardship. - There are many roles and responsibilities
associated with IM that need to be clearly articulated. These are especially important to clarify because
of the boundary spanning nature of information. Both political and practical issues arise when certain
questions are asked: Who is responsible for the quality of our customer data? Whose version of name
and address do we use? Who must sign off on the accuracy of our financial information? The answers
to these questions determine the meaning of information "chunks" (e.g., customer name and address)
and their business rules and contextual use; accuracy, timeliness, consistency, validity, completeness,
and redundancy of information. Stewards also determine who may access information according to
privacy and security policies and provide guidance for the retention and deletion of information in
accordance with regulatory and legal requirements.
Stage Four: Build Information Standards. - Standards help ensure that quality, accuracy, and control
goals can be met. When all parts of an organization follow the same standards, it is relatively easy to
simplify the processes and technology that use a piece of information. Conversely, different
information standards used by different business groups will inhibit effective IM. Not all information
needs to be standardized. Only that which is used by more than one business unit. When information is
used more broadly, a standard needs to be established.
Page Ref: 101
Skill: Hard
AACSB: Use of IT
10
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
47) What is information stewardship? How is information stewardship used in managing an organizational IM
framework?
Answer: There are many roles and responsibilities associated with IM that need to be clearly articulated. These
are especially important to clarify because of the boundary spanning nature of information. Both
political and practical issues arise when certain questions are asked: Who is responsible for the quality
of our customer data? Whose version of name and address do we use? Who must sign off on the
accuracy of our financial information? The answers to these questions determine the meaning of
information "chunks" (e.g., customer name and address) and their business rules and contextual use;
accuracy, timeliness, consistency, validity, completeness, and redundancy of information.
Stewards also determine who may access information according to privacy and security
policies and provide guidance for the retention and deletion of information in accordance
with regulatory and legal requirements.
Page Ref: 102
Skill: Hard
AACSB: Use of IT
11
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
50) List and describe (4) recommendations for starting and managing an effective IM implementation.
Answer: Start with what you have. – Conduct an inventory of what practices, processes, standards, groups, and
repositories already exist in the organization to grow IM. It is most important to get the key information
needed to achieve business objectives under control first. While a top-down approach is ideal, it may
not always be practical. Harnessing existing compliance efforts around privacy, security, and the
Sarbanes-Oxley Act is also effective. At minimum, these will affect information architecture, access to
data, document retention, and data administration for financial and personal information.
Get the incentives right. Both giving up control and taking accountability for key pieces of
information. it is important to ensure there are incentives in place that will motivate collaboration.
Metrics are an important way to make progress highly visible in the organization.
Establish and model sound information values. All staff need to understand the fundamental reasons
for key company information policies and directives. Corporate values around information guide how
staff should behave. If values are effectively articulated and modeled by leaders, they will drive the
development of the appropriate culture and behaviors around information.
Page Ref: 108
Skill: Moderate
AACSB: Use of IT
12
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall
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"The thought of it made Mother so happy!" said Robin,
with animation. "Perhaps our going makes her all the
happier now, for Mother may be watching us still. I do not
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"Oh! You need not fire up, Master Robin; you were not
always so very fond. I've heard that one day when you
found the idiot praying to a plaster-of-Paris figure, you
kicked him as you would have kicked a dog."
"I see that Robin has lost none of his pepper and
mustard," observed Miss Petty in a testy manner; "he never
knew how to treat a lady."
CHAPTER II.
CONTRASTS.
"I shall try to sit next to her at table," said Robin; "one
could fancy Mary of Nazareth like our fellow-passenger,
allowing for the difference of costume, and the veil over the
dark braided hair, and the simple drapery of her dress,
makes even that difference less striking. The lady looks like
one chastened by deep sorrow—sorrow borne in calm faith;
one who has trod a thorny path, but with heaven's
brightness upon it."
CHAPTER III.
BALKING THE BEAR.
"A soldier must have his weapons and the workman his
tools," observed Harold.
"Well, my boy, you said just now that you did not mean
to give the voyage to idleness; what are you going to learn?
You have already caught up a good deal of nautical
knowledge during visits to the coast, but may not be quite
qualified to manage a steamer."
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not going to apprentice myself to Captain Gump. I intend to
do something in the way of learning by heart. I might
commit to memory the First Epistle of St. John."
"But I think—"
"'Thou shalt not take the name of the Lord thy God in
vain,'" said Harold, sternly.
"Did you ever hear the story of the 'cute captain who
made his Jack-tars obey him without so much us a touch of the
cat?"
cried Robin.
Gump looked as if he were going to spring at the man
who had dared to rebuke him on his own deck, and in the
presence of others, for the swearer's loud voice had drawn
some listeners to the spot. Robin saw the storm brewing,
and with his quick wit managed to act as a lightning-
conductor ere the fierce captain's fury had time to burst.
"Did you ever hear the story of the 'cute captain who
over-reached his Jack-tars, and made them obey his will
without so much as a touch of the cat?" cried Robin.
"The captain was new to the ship, and the crew were a
rough lot, a very rough lot, you see. So the captain got
them together, and made a kind of short speech; perhaps
you did so to your salts, though not such a very odd speech
as was made by that very eccentric captain."
"Jack of all trades, yes, that's what folk call me; and
here is one of my tricks!" And with the agility of a cat, the
youth sprang at one of the ropes of the ship, clambered up,
and was looking laughingly down from the shrouds before
Gump had sufficiently recovered from his surprise at the
sudden feat to be able to utter a word.
CHAPTER IV.
A BATTLE, AND ITS RESULT.