Test your basic knowledge |

Business And Technology

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. What is the function of CIO?






2. Is assessed by th supplier's ability to directly impact the price they are charging for supplies(including materials - labor - and services)






3. What does CIO stands for






4. To remain sucessful - and organizatios should use what?

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5. Involves he management of information flows between and among stages in a a supply chain to maximize total supply chain effectiveness an profitability.






6. Information-Functional - Information-sharing - Information-inquiring - and Information-discovery






7. Is responsible for collecting - maintaining - and distributing the organization's knowledge. data has base adminstrator






8. Is the acauisition and analysis of evenst and trends in the environment external to an organization.






9. The most important type of Efficiency IT Metics; the extent to which a system generates the correct results when executing the same transaction numerous times.






10. Consists of all parties involved - directly or indirectly - in the procurement of a poduct or raw materials






11. Raw facts that describe the characteristics of an event/information knowledge/business intelligent and competative advantage






12. Is high when competition is fierce in a market and low when competition is more complacent






13. Most information security breaches result from people misusing an organizaton's information either Intentionally or Inadvertently. misuse of passwords






14. What does CFO stands for






15. The leading cause of downtime






16. A famous management guru - once stated that if you cannot measure it - you cannot manage it






17. Reward customers based on th amount of business they do with a particuar organization.






18. Is responsible for ensuing the ethical and legal use of informatio within an organization. these are lawyers






19. The Benefits and and Magnitude of Change the Process Change Spectrum what would be th small change






20. Is a product or service that an organization's customer place a greater value on than similar offerings from a competitor.






21. Measures that are tied to busines drivers Metrics such as GPA(grade point average)






22. Secure Sockets Layers: donted by th lock symbol in the lower right corner of a browser window and or he "s" in https; SSL is 128 bits. 128bit=2^128






23. Costs that can make customers relcutant to switch to another product or service






24. Enables an organizatin to generate efficiencies within steps by automating and improving the information flows Wal-art and Procter&Gamble(P&G) implemented a tremedously successful SCM system. the system linked Wal-Mar's distribution centers directly






25. The plans and goals of the IT department must align with the plans and goals of the organization.






26. A process of continuously measuring system results - comparing those results to optimal system performance (benchmark values) - and identifiying steps and procedures to improve syste performance.






27. Occurs when an organization can significantl impact its marketshare by being first to market with a competitive advantage.






28. Employees across departments are open to new insights about crises and radical changes and seek ways to create competitive advantages.






29. A general name for the business function and academic discipline covering the application of people - technologies - and procedures.






30. A university professor at Harvard Business School - identified four competitive forces that can hurt potential sales.






31. What is on the mind of the CEO






32. Is the analysis and redesign of workflow wthin and between enteprises. ex. NetFlix - Redbox






33. The 4 strategic initiatives






34. Is high when it is easy for new cdompetitors to enter a market and low when there are significant entry barriers to entering market.






35. Is a field concrned with te use of technology in managing and processing information.It consist of hardware - software and telecommunication






36. Is assessed analyzing the ability of buyers to directly impact the price they are willing to pay for an item.






37. Is a standardized set of activities that accoplish a specific task - such as processing a customer order.






38. What does COO stands for






39. Is data converted into a meaninfgul and useful context.






40. Is responsible for (1) overseeing all uses of informatin technology (2) ensuring the strategic alignment of IT with business goals and objectives. CIO often reports directly to the CEO






41. Baseline values the system seesks to attain






42. Supply chain strategy - suply chain partners - supply chain operation - supply chain logistics






43. What would be the Greatest Benefits for Information Technology?






44. Occurs whn a company develops unique differences in its products with th intenet t influence demand






45. Out of the Relationship among People - Information - and Information Technology which one is the most important?






46. Is high when there are many alternatives to a product or service and low when there are few alternative from which to choose.






47. Is a managemen system - in addition to a measurement system - that enable organization to clarify their vision and strateby and translate them into action.






48. Website success solely is measure by






49. Involves maaging all aspect of a customer's relationship with an organization to increase customer loalty and retention and organization's profitabilty. CRM allow an organization to gain insights into customers' shopping and buying beaviors ir order






50. Integrates all departments and functins thoughout an organization into asingle IT system (or integrated set of IT systems) so that employees can ake decisions by viewing enterprisewide information on all businss operations.:is a software island of in