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






2. Effective communication between business personnel and IT personnel






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






4. What does CIO stands for






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






6. What Concerns CIOs the most?






7. Baseline values the system seesks to attain






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






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






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






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






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






13. 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.






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






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






16. What does CEO stands for






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






18. 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






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






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






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






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






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






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






25. 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.






26. What is the function of CIO?






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






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






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






30. Website success solely is measure by






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






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






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






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






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






36. 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






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






38. 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






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






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






41. The leading cause of downtime






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






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






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






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






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






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






48. 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






49. 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






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