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. The 4 strategic initiatives






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






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






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






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






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






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






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






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






11. Baseline values the system seesks to attain






12. 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






13. 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.






14. What does COO stands for






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






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






17. 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






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






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






20. What Concerns CIOs the most?






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






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

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






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






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






26. Means Garbage In Garbage OUt






27. What does CIO stands for






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






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






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






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






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






33. 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.






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






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






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






37. What is on the mind of the CEO






38. What does CFO stands for






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






40. What does CEO stands for






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






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






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






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






45. 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.






46. 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






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






48. Website success solely is measure by






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






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