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






2. What does COO stands for






3. The 4 strategic initiatives






4. Effective communication between business personnel and IT personnel






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






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






7. 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.






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






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






10. What is the function of CIO?






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






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






13. 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.






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






15. What does CEO stands for






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






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






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






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


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






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






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






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






25. 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.






26. 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






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






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






29. Means Garbage In Garbage OUt






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






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






32. What Concerns CIOs the most?






33. 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






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






35. 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






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






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






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






39. What does CFO stands for






40. Baseline values the system seesks to attain






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






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






43. Website success solely is measure by






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






45. 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






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






47. What does CIO stands for






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






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






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