1. Which step is the first step of the strategic planning process? a. Strategic business planning b. Information systems assessment c. Information systems vision d. Information systems architecture e. Strategic initiatives identification 2. What are the outcomes of strategic business planning sessions? a. Mission, strategy, software b. Market position, segmentation, competition c. Plan, expectations, goals d. Vision, goals, strategy e. Focus, concentration, road-map 3. Another way to consider aligning strategic information systems with the information systems vision is to say that a. business strategy should always drive decisions about technology b. technology strategy should drve business decisions c. SWOT analysis must drive technology decisions d. decisions about technology and business strategies are not related e. technology decisions should be made sole based on the competitive environment 4. What does SWOT stand for? a. Software, wisdom, openness, technology b. Strengths, wikis, opportunities, technology c. Systems, weakness, open source, threats d. Strengths, weakness, opportunities, threats e. Strategy, wisdom, opportunities, technology 5. Your business has many competitors and therefore many alternatives exist within your industry. According to Porter's Five Competitive Forces Model what competitive force is illustrated by this example? a. Bargaining powers of suppliers b. Potential threat of substitutes c. Potential threats of new entrants d. Bargaining power of buyers e. Industry competitive rivalry 6. Ranking initiatives, or eliminating them, can be accomplished using the following tools: a. Porter's Value Chain, Porter's Five Forces Model b. Critical Success Factors, Priority Matrix c. Information Systems Planning, Information Systems Assessment d. Positioning for surprise, Strategic Planning e. SWOT Analysis, Value Chain Analysis 7. Some organizations establish a few important considerations that must be achieved for the organization to survive and be successful (achieve its mission). What is this known as? a. SWOT Analysis b. Information Systems Planning c. Positioning for speed d. Critical Success Factors e. Priority Matrix