Midterm exam
15 important questions on Midterm exam
Strategic business unites (SBUs)
Policy/Portfolio matrix
Most common aims for organizations when adopting an IS/IT strategy
- Alignment of IS/IT with the business to identify where IS/IT contributes most, and the determination of priorities for investment.
- Gaining competitive advantage from business opportunities created by using IS/IT
- Building a cost-effective, yet flexible technology infrastructure for the future
- Developing the appropriate resources and competencies to deploy IS/IT successfully across the organization
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
For my 1st exam I got a C. Then, I started looking for ways to learn better and I came across Study Smart. Since then I have scored a A+, A, A- and another A. I highly recommend it to everyone who wants to hear it. I am so happy with it!!
I was struggling to finish all my first-year subjects for 3 years. Then I discovered Study Smart, which helped me to finish all of them within 3 months.
Because of StudySmart, things are going well in many ways. Before, I always had study stress and no time for anything. Now I feel calm and confident (because of the program). I used to score a B, now I usually score an A or A+.
Hey Chris, I really want to thank you very much for developing the platform, I usually got around C for my exams, now I scored an A+, an A and a A- !!
Since using Study Smart, my average has increased significantly. I even completed a statistics course with a A+ while I'm bad at statistics. I took on extra courses this year, because of Study Smart. Thanks so much!
Ever since I started studying with StudySmart I passed all my exams !!! No more re-sits!! At first, I was happy with a pass and now I only get good grades. Many thanks!
I aced all the courses I studied with Study Smart. For law, I first scored a D, and now an A! I’m 100% sure that I’ll pass all the courses I study with Study Smart.
I always thought I studied well. My grades were fine. I could never have imagined that applying these study skills would have such a huge and direct impact on my grades, my speed and the pleasure I have in learning.
For the first time, I finally feel totally confident about the way I learn. I have the perfect overview and make great progress in terms of speed and the grades I get. Thanks, Chris!
I immediately started to enjoy learning again, and my grades soared. All of a sudden, everything went better. I highly recommend Study Smart to all students..
Being able to create my materials online made the process of studying so much smoother and quicker. I no longer have to spend a huge amount of my time on creating my summaries.
At first, my notes were a mess. Now I use Study Smart to take my notes in a perfectly structured way. It helps me to save a lot of time and do other things I enjoy.
Students that study with Study Smart get better grades. The system applies all the learning methods in such a way that both well-performing students and students who struggle perform much better.
Hi Chris, I would like to thank you very much. Last year I scored C on a course, and this year I got an A+ thanks to your method! Thank you very much!
The largest effect is that my child is more enthusiastic about school! Every parent wants their children to be happy at school, Study Smart made it happen.
In high school, I failed several exams, and that has really changed now. I actually needed this tool very much back then. Since I started studying with StudySmart, I haven't had any D's. My average score is now an A and those are results I would have never had in the past
With my old method, I passed only 3 out of 8 courses. Since I started taking my notes digitally in Study Smart, I have passed all my courses on the first try. For me, StudySmart takes away the stress of wondering if I will pass or not.
Thanks to StudySmart, I passed all my exams, and with better grades than before! On top of that, I have mastered a very good study method now, which I am confident will help me earn my degree.
Three outputs of the IS/IT strategic model
- Business IS strategies
- IS/IT management strategy
- IT strategy
Which decides the future application portfolio, which changes into the current application portfolio.
Common issues that may be addressed in the management strategy
- Scope and rationale
- IS function
- Investment and prioritization policies
- Vendor policies
- Human impact policies, including education
- IS accounting policies
Business process re-engineering
Elements of the internal business environment
- The business strategy
- The current business processes, activities and the main information entities and how they relate to other entities
- The organizational environment, covering its structure, assets and skills, and the less tangible factors, such as knowledge, competencies, values, style, culture, and relationships
Main requirements for analyzing the business strategy
- Identify the current strategy and, in particular, any emergent new elements since the previous strategy development cycle
- if necessary, to interpret and analyse the strategy and describe it in a structured manner. This is best tackled by a mixed group.
- To compile and confirm the consequent IS requirements
Critical Success Factors (CSFs)
Business Area Plans
4 main stages of the Resource Life Cycle (RLC) model
- Requirements determination
- Acquisition
- Stewardship
- Retirement or disposal
Who came up with the Resource Life Cycle (RLC) analysis?
Strategic option generator
- Suppliers
- Customers
- Competitors
by Rackoff et al
Strategic thrusts which can be made for suppliers, customers and competitors
Cost: Being cheaper or enabling suppliers or customers to reduce cost.
Innovation: Introduce a new product, service or process or way of doing business.
Growth: Enable volume or expansion in geography or increased flexibility of production and distribution to meet different segments needs
Alliance: Forging agreements, joint ventures or joint investments in systems to prevent new entrants or competitors from achieving advantage.
Natural vs. Contrived value chain
Contrived value chain: How resources of the firm are used
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
