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 data converted into a meaninfgul and useful context.






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






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






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






6. 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






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






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






9. 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






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


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






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






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






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






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






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






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






19. Website success solely is measure by






20. 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.






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






22. Effective communication between business personnel and IT personnel






23. 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






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






25. 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






26. What is on the mind of the CEO






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






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






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






30. What does CEO stands for






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






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






33. What does CIO stands for






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






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






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






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






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






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






40. What is the function of CIO?






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






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






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






44. 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






45. What does CFO stands for






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






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






48. The leading cause of downtime






49. What does COO stands for






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