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






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






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






4. What does CIO stands for






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






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






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






8. What does CFO stands for






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






10. What is on the mind of the CEO






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






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






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






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






15. Effective communication between business personnel and IT personnel






16. 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






17. What does COO stands for






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






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






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






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






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






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






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






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






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






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






28. 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






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






30. What does CEO stands for






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






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






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






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






35. 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.






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






37. 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.






38. 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






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






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






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






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






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






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






45. 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






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






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






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






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

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


50. What Concerns CIOs the most?