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






2. The 4 strategic initiatives






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






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






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






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






7. What is on the mind of the CEO






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






9. 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






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






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

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






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






14. What does CEO stands for






15. What does CFO stands for






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






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






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






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






20. What Concerns CIOs the most?






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






22. 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






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






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






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






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






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






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






29. What does CIO stands for






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






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






32. Means Garbage In Garbage OUt






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






34. 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






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






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






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






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






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






40. Baseline values the system seesks to attain






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






42. What does COO stands for






43. 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.






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. 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.






46. What is the function of CIO?






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






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






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






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