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






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






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

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






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






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






7. 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






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






9. Baseline values the system seesks to attain






10. 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.






11. 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






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






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






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






15. What is on the mind of the CEO






16. What Concerns CIOs the most?






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






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






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






20. Effective communication between business personnel and IT personnel






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






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






23. 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.






24. The 4 strategic initiatives






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






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






27. 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






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






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






30. The leading cause of downtime






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






32. Website success solely is measure by






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






34. What does COO stands for






35. 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






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






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






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






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






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






41. What does CEO stands for






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






43. What does CFO stands for






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






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






46. What does CIO stands for






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






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






49. 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






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