Certification in Supplier Diversity Practice Exam

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What does a technology strategy define for an organization?

How to cut costs on technology
How information technology supports overall strategy
How to train staff on technology usage
How to outsource IT services

The correct answer is: How information technology supports overall strategy

A technology strategy serves as a blueprint that outlines how an organization will utilize information technology to support and enhance its overall business objectives. This includes identifying the technologies that align with the organization’s goals, how these technologies can improve operational efficiency, and the role they play in gaining a competitive advantage. It ensures that all technological initiatives are closely linked to the organization’s strategic vision, fostering better decision-making and resource allocation. In contrast, the other options focus on specific aspects of technology management rather than establishing a comprehensive strategy. Cutting costs on technology, training staff on technology usage, and outsourcing IT services are important considerations, but they do not encapsulate the broader purpose and importance of a technology strategy in supporting the overarching goals of the organization.