Answer the following statement(s) true (T) or false (F)

1.The goal of an organization states what must be accomplished, and the associated objectives specify how to determine whether the goal is being met.
2.The entire burden of achieving alignment between the business and information technology (IT) is placed solely on the IT organization.
3.Intangible benefits can be measured directly and assigned a monetary value.
4. Intangible benefits cannot directly be measured and cannot easily be quantified in monetary terms.
5.The degree of rivalry between competitors is high in industries with many equally sized competitors.

1.False
A goal is a specific result that must be achieved to reach an objective. In fact, several goals may be associated with a single objective. The objective states what must be accomplished, and the associated goals specify how to determine whether the objective is being met.
2.False
The entire burden of achieving alignment between the business and IT cannot be placed solely on the IT organization.
3.False
Tangible benefits can be measured directly and assigned a monetary value. For example, the number of staff before and after the completion of an initiative can be measured, and the monetary value is the decrease in staff costs, such as salary, benefits, and overhead.
4.True
Intangible benefits cannot directly be measured and cannot easily be quantified in monetary terms.For example, an increase in customer satisfaction due to an initiative is important but is difficult to measure and cannot easily be converted into a monetary value.
5.True
The degree of rivalry between competitors is high in industries with many equally sized competitors.