Which Of The Following Is A Risk Of Outsourcing Information Systems Is )/ Information Technology IT Functions?

by | Last updated on January 24, 2024

, , , ,

Which of the following is a risk of outsourcing information systems (IS)/information technology (IT) functions? It involves the potential loss of intellectual capital . The process of hiring another organization to perform a service is known as outsourcing. ... It is impossible to cap financial risk by outsourcing.

Is the representative for information systems and information technology issues within the executive staff?

The chief information officer (CIO) is the representative for IS and information technology (IT) issues within the executive staff. ... The CIO must ensure that priorities consistent with the overall organizational strategy are developed, and then communicated to the IS department.

Which of the following is a limitation of aligning information systems is with organizational strategy?

Which of the following is a limitation of aligning information systems with organizational strategy? Adapting the IS to new versions of business processes is complex and time-consuming.

Which of the following statement is true about information systems?

Data into information is true to information systems. Data are facts that are used by programs to produce useful information.

Which of the following is a function of the Steering Committee for an is department?

The IS steering committee typically serves as a general review board for major IS projects and should not become involved in routine operations; therefore, one of its functions is to approve and monitor major projects, the status of IS plans and budgets .

What is the advantage and disadvantage of outsourcing?

The benefits of outsourcing can be substantial – from cost savings and efficiency gains to greater competitive advantage . On the other hand, loss of control over the outsourced function is often a potential business risk.

What is an example of insourcing?

Insourcing assigns a project to a person or department within the company instead of hiring an outside person or company. ... For example, an organization might insource technical support for a new product because the company already has existing technical support for another product within the organization.

Who investigates new information systems trends and products and determines how the organization can benefit from them?

The technology office in the information systems (IS) department investigates new information systems technologies, and determines how the organization can benefit from them.

What is CIO in information security?

The Chief Information Officer (CIO) and Chief Information Security Officer (CISO), the latter of which is also known as a Chief Security Officer (CSO), are two very important C-level, executive roles within an organization with a focus on the strategic use, planning, management, implementation, protection and securing ...

Is the representative for information systems and information technology?

T/F: The chief information officer (CIO) is the representative for information systems (IS) and information technology (IT) issues within the executive staff. ... It involves adapting existing systems to support new features.

Which of the following is the reason for the importance of you as a human in an information system?

The human is the most important part of an information system because the quality of human thinking affects​ one’s ability to conceive information from data and thereby add value to the system .

What is the main drawback of using unstructured information?

Requires data science expertise: The largest drawback to unstructured data is that data science expertise is required to prepare and analyze the data . A standard business user cannot use unstructured data as it is, due to its undefined/non-formatted nature.

Which of the following best defines collaboration?

What of the following best defines collaboration? It refers to the Scrum Core Team working together and interfacing with the stakeholders to create and validate the deliverables of the project to meet the stated goals.

Which of the following authority is ultimately responsible for the development of an is security policy?

Who is ultimately responsible for the development of an effective IT security policy? Board of directors . The board of directors represents the highest authority of the organization and has ultimate responsibility for all internal controls.

Which of the following is a risk of outsourcing is IT functions?

Which of the following is a risk of outsourcing IS/IT functions? It involves the potential loss of intellectual capital .

Which of the following is a risk of using outsourcing?

More formally, risks associated with outsourcing typically fall into four general categories: loss of control, loss of innovation, loss of organizational trust , and higher-than-expected transaction costs.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.