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Test your basic knowledge |
Business And Technology
Start Test
Study First
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. Is assessed by th supplier's ability to directly impact the price they are charging for supplies(including materials - labor - and services)
Environmental scannig
The Five Forces Model
Information security
Supplier power
2. Most information security breaches result from people misusing an organizaton's information either Intentionally or Inadvertently. misuse of passwords
Countefeit software
Security breach
Benchmarking
Informaton
3. The plans and goals of the IT department must align with the plans and goals of the organization.
Business is always #1
Information Discovery
Efficiency IT metrics
SCM - CRM - ERP AND BPR
4. Is high when there are many alternatives to a product or service and low when there are few alternative from which to choose.
Threat of substitute products or services
Amount of traffic
Porters's Five Forces - the three generic strategies - and value chanin analysis to adopt new business strategies
Balanced scorecard
5. Is a standardized set of activities that accoplish a specific task - such as processing a customer order.
Threat of substitute products or services
Balanced scorecard
Michael Porter
Business process
6. Is a field concrned with te use of technology in managing and processing information.It consist of hardware - software and telecommunication
Product differentiation
Chief security officer (CSO)
Information Technology (IT)
Customer Service
7. What does CFO stands for
G I G O
Porters's Five Forces - the three generic strategies - and value chanin analysis to adopt new business strategies
Chief Financial Officer
Effeciveness IT metics
8. To remain sucessful - and organizatios should use what?
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9. The 4 strategic initiatives
Manage - leader - communicator
Michael Porter
SCM - CRM - ERP AND BPR
Comptevive advantage
10. What would be the Greatest Benefits for Information Technology?
Chief information officer
Amount of traffic
Customer Service
Chief Financial Officer
11. Mostly misuse by persons inside or outside an organization.
Informaton
Information security
Amount of traffic
SSL
12. Is data converted into a meaninfgul and useful context.
Loyalty programs
Customer Relationship management(CRM)
Informaton
The Five Forces Model
13. Baseline values the system seesks to attain
Informantion accuracy
Benchmarks
Switching costs
Chief information officer
14. Supply chain strategy - suply chain partners - supply chain operation - supply chain logistics
The basic component of supply chain management
Switching costs
Information Technology (IT)
Enhancing customer satisfaction
15. Is high when it is easy for new cdompetitors to enter a market and low when there are significant entry barriers to entering market.
Threat of new entrants
Michael Porter
Automate
Information Discovery
16. Measures that are tied to busines drivers Metrics such as GPA(grade point average)
Chief privacy officer(CPO)
Benchmarking
Enhance Customer Satisfaction
Key performance indicators (KPIs)
17. Is responsible for ensuing the ethical and legal use of informatio within an organization. these are lawyers
SSL
Chief privacy officer(CPO)
Supplier power
Value chain
18. Website success solely is measure by
Amount of traffic
Balanced scorecard
Effeciveness IT metics
First-mover advantage
19. The Benefits and and Magnitude of Change the Process Change Spectrum what would be th small change
Supply chain management(SCM)
Automate
Michael Porter
Information security
20. The leading cause of downtime
Software failure and human error
Efficiency IT metrics
SCM software
Countefeit software
21. Raw facts that describe the characteristics of an event/information knowledge/business intelligent and competative advantage
Switching costs
Enterprise resource planning (ERP)
Effeciveness IT metics
Data
22. Is a standardized seet of activities that accomplish a specific task - such as processing a customer's order.
Product differentiation
G I G O
Informantion accuracy
Business proess
23. Employees across departments are open to new insights about crises and radical changes and seek ways to create competitive advantages.
One of the greatest challenges today
Threat of substitute products or services
G I G O
Information Discovery
24. 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
Chief Operation Officer
Supply chain
Customer Relationship management(CRM)
Chief information officer
25. What does CEO stands for
Rivalry among existing competitors
Product differentiation
Chief Executive officer
Information Technology (IT)
26. Is a product or service that an organization's customer place a greater value on than similar offerings from a competitor.
Business process
Chief security officer (CSO)
Comptevive advantage
Reducing Cost/Improve Productivity
27. A famous management guru - once stated that if you cannot measure it - you cannot manage it
Informaton
Data
Switching costs
Peter Drucker
28. What does COO stands for
Enhancing customer satisfaction
Chief knowldedge officer (CKO)
Chief Operation Officer
Countefeit software
29. Issuses Affected by Technology Advance: intellectual property - Copyright - fair use doctrine - pirated software and counterfeit software of these which is the worst?
Information Technology (IT)
Data
Value chain
Countefeit software
30. Occurs when an organization can significantl impact its marketshare by being first to market with a competitive advantage.
Rivalry among existing competitors
Enhancing customer satisfaction
Usability
First-mover advantage
31. Out of the Relationship among People - Information - and Information Technology which one is the most important?
People
Benchmarking
The basic component of supply chain management
Value chain
32. 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
Benchmarking
SCM software
Peter Drucker
Comptevive advantage
33. Reward customers based on th amount of business they do with a particuar organization.
The basic component of supply chain management
Informantion accuracy
Chief privacy officer(CPO)
Loyalty programs
34. 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
The Five Forces Model
Chief privacy officer(CPO)
Comptevive advantage
Customer Relationship management(CRM)
35. Is a managemen system - in addition to a measurement system - that enable organization to clarify their vision and strateby and translate them into action.
Balanced scorecard
Data
Brusiness process reengineering (BPR)
Management Information System (MIS)
36. 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.
The Five Forces Model
Usability
Enhancing customer satisfaction
Manage - leader - communicator
37. What is the function of CIO?
Manage - leader - communicator
Information Discovery
Business process
The basic component of supply chain management
38. Occurs whn a company develops unique differences in its products with th intenet t influence demand
The basic component of supply chain management
Product differentiation
Software failure and human error
Automate
39. Is responsible for ensuring the throughput - speed - accuracy - availability - and reliability of an organization information.
Chief technology offiicer(CTO)
Amount of traffic
Buyer power
Customer Service
40. 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.
Chief security officer (CSO)
Automate
People
Informantion accuracy
41. Involves he management of information flows between and among stages in a a supply chain to maximize total supply chain effectiveness an profitability.
Management Information System (MIS)
Supply chain management(SCM)
Enterprise resource planning (ERP)
Business proess
42. 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.
People
Benchmarking
One of the greatest challenges today
Business is always #1
43. Is assessed analyzing the ability of buyers to directly impact the price they are willing to pay for an item.
Loyalty programs
Customer Service
Usability
Buyer power
44. Consists of all parties involved - directly or indirectly - in the procurement of a poduct or raw materials
Threat of substitute products or services
Chief knowldedge officer (CKO)
Supply chain
Business process
45. Information-Functional - Information-sharing - Information-inquiring - and Information-discovery
Supply chain management(SCM)
Organizatonal Informaion Cultures
G I G O
Countefeit software
46. What does CIO stands for
Michael Porter
Supply chain management(SCM)
One of the greatest challenges today
Chief Information Officer
47. What Concerns CIOs the most?
Customer Relationship management(CRM)
Product differentiation
Usability
Enhancing customer satisfaction
48. A general name for the business function and academic discipline covering the application of people - technologies - and procedures.
Information Technology (IT)
Management Information System (MIS)
Chief information officer
Supplier power
49. A university professor at Harvard Business School - identified four competitive forces that can hurt potential sales.
Supplier power
Michael Porter
The Five Forces Model
Organizatonal Informaion Cultures
50. Measure the impact IT has on business processes and activities includin customer satisfaction - conversion rates - and sell through increases.
Comptevive advantage
Reducing Cost/Improve Productivity
Effeciveness IT metics
Chief Operation Officer