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. 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






3. Costs that can make customers relcutant to switch to another product or service






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






5. What does CEO stands for






6. The leading cause of downtime






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






8. 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






9. 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






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






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






12. What is the function of CIO?






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






14. Effective communication between business personnel and IT personnel






15. 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.






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






17. What does CIO stands for






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






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






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






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






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






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






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






25. What does COO stands for






26. Means Garbage In Garbage OUt






27. What Concerns CIOs the most?






28. Website success solely is measure by






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






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






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






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






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






34. What is on the mind of the CEO






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






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






37. Baseline values the system seesks to attain






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






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






40. 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.






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






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






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






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






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






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






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






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






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






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