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






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






3. What does CIO stands for






4. Baseline values the system seesks to attain






5. 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






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






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






8. Effective communication between business personnel and IT personnel






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






10. 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.






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






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






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






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






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






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






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






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






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






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






21. 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.






22. 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






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






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






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






26. 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






27. The 4 strategic initiatives






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






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






30. 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






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






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

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






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






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






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






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






38. 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






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






40. Mostly misuse by persons inside or outside an organization.






41. Means Garbage In Garbage OUt






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






43. The leading cause of downtime






44. What is on the mind of the CEO






45. What Concerns CIOs the most?






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






47. What does CEO stands for






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






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






50. 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