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






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






3. 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.






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






5. 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.






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. To remain sucessful - and organizatios should use what?


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






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






10. What is the function of CIO?






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






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






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






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






15. 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






16. Effective communication between business personnel and IT personnel






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






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






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






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






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






22. What is on the mind of the CEO






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






24. 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






25. Baseline values the system seesks to attain






26. What does CEO stands for






27. What does COO stands for






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






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






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






31. Website success solely is measure by






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






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. 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






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






36. 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






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






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






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






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






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






42. What Concerns CIOs the most?






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






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






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






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






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






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






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