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






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






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






5. 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.






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






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






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






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






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






11. What does COO stands for






12. 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






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






14. What does CIO stands for






15. 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






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






17. 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






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






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






20. What is the function of CIO?






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






22. Baseline values the system seesks to attain






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






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






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






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






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






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






29. 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






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






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






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






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






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






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






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






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






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






39. 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






40. What does CFO stands for






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






42. Means Garbage In Garbage OUt






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






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






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






46. What Concerns CIOs the most?






47. Effective communication between business personnel and IT personnel






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






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






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