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






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






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






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






5. 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






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






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






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






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






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






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






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






13. Website success solely is measure by






14. Effective communication between business personnel and IT personnel






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






16. Baseline values the system seesks to attain






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






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






19. 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






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






21. 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






22. Means Garbage In Garbage OUt






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






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






25. 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






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






27. This approach views an organization as a series of processes - each of which adds value to the product or service for each customer.






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






29. What is the function of CIO?






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






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






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






33. What does CFO stands for






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






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






36. What does CIO stands for






37. What is on the mind of the CEO






38. 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.






39. What does CEO stands for






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






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






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






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






44. 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.






45. The leading cause of downtime






46. What Concerns CIOs the most?






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






48. Is a standardized seet of activities that accomplish a specific task - such as processing a customer's order.






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






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