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 competition is fierce in a market and low when competition is more complacent






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






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






4. 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






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






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






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






8. What does CEO stands for






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






10. What does CFO stands for






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






12. 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






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






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






15. Means Garbage In Garbage OUt






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






17. 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.






18. Website success solely is measure by






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






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






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






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






23. Baseline values the system seesks to attain






24. 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.






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






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






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






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






29. 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






30. What does COO stands for






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






32. Effective communication between business personnel and IT personnel






33. 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






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






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






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






37. What does CIO stands for






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






39. 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






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






41. 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.






42. 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






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






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






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






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






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


49. What is on the mind of the CEO






50. The 4 strategic initiatives