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 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.






2. What does COO stands for






3. 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.






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






5. 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






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






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






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






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






10. 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






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






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. Effective communication between business personnel and IT personnel






14. The leading cause of downtime






15. 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






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






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






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






19. What does CIO stands for






20. What is on the mind of the CEO






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






22. What does CFO stands for






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






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






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






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






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






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






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






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






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






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






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






34. The 4 strategic initiatives






35. Means Garbage In Garbage OUt






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






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






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






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






40. What Concerns CIOs the most?






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






42. 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






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






44. Website success solely is measure by






45. 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.






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






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






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






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






50. 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