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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. Means Garbage In Garbage OUt






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






3. What does CIO stands for






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






5. The 4 strategic initiatives






6. 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






7. 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.






8. Measure the performance of the IT system itself includngthroughput - speed - and availability.






9. Effective communication between business personnel and IT personnel






10. 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.






11. What is on the mind of the CEO






12. Measure the impact IT has on business processes and activities includin customer satisfaction - conversion rates - and sell through increases.






13. Is responsible for ensuring the throughput - speed - accuracy - availability - and reliability of an organization information.






14. What is the function of CIO?






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






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


17. The most Effectiveness IT Metrics. the ease with which people perform transactions and/or find informatin. A popular usability metric on the internet is degrees of feedom - which measures the number of clicks required to find desired infomation.






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






19. What does CFO stands for






20. Buyer power - supplier power - threat of substitute product or services - threat of new entrants - rivalry among existing competiors






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






22. What does CEO stands for






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






24. What does COO stands for






25. 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






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






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






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






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






30. 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






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






32. The leading cause of downtime






33. Baseline values the system seesks to attain






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






35. Issuses Affected by Technology Advance: intellectual property - Copyright - fair use doctrine - pirated software and counterfeit software of these which is the worst?






36. 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






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






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






39. Is responsible for ensuring the security of IT system and developing strategies and IT safeguards against attacks fom hacker and viruses. He is call the Network Administrator






40. What information technology projects goals has the most value?






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






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






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






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






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






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






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






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






49. Website success solely is measure by






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






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