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. Baseline values the system seesks to attain






2. Website success solely is measure by






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






4. Means Garbage In Garbage OUt






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






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






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






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






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






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






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






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






13. 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






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






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






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






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






18. 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






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






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






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






22. What does CEO stands for






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






24. 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.






25. The leading cause of downtime






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






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






28. Effective communication between business personnel and IT personnel






29. What does COO stands for






30. What is on the mind of the CEO






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






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






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






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






35. What does CFO stands for






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

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






38. 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






39. What does CIO stands for






40. What Concerns CIOs the most?






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






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






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






44. 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.






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






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






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






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






49. What is the function of CIO?






50. 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.