Why should a CIO develop a strategic vision?
What will be an ideal response?
A vision of a desirable future can provide stability when it sets direction for an organization. The CIO is expected to set the technical direction for the organization. He/she defines the enterprise's technical architecture, establishes technical standards, and ensures that the organization buys into the plan.
You might also like to view...
Tory borrows $10,000 from USA National Bank to remodel a room in her home. This transaction is subject to
a. no federal law. b. the Consumer Leasing Act. c. the Consumer Product Safety Act. d. the Truth-in-Lending Act.
The objective of motivating employees is to
A. get as much work out of them as possible to maximize company profits. B. lead them to perform in ways that meet the goals of the department and the organization. C. justify their positions, especially during a layoff, so they do not lose their jobs. D. help them believe that they can attain desired incentives.
You may separate an address between the street name and city name or between the city name and the state name
Indicate whether the statement is true or false
In a portfolio of three randomly selected stocks, which of the following could NOT be true; i.e., which statement is false?
a. The standard deviation of the portfolio is greater than the standard deviation of one or two of the stocks. b. The beta of the portfolio is lower than the lowest of the three betas. c. The beta of the portfolio is equal to one of the three stock's betas. d. The beta of the portfolio is equal to 1. e. The standard deviation of the portfolio is less than the standard deviation of each of the stocks if they were held in isolation.