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. Means Garbage In Garbage OUt






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






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






4. What Concerns CIOs the most?






5. 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.






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






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






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






9. Effective communication between business personnel and IT personnel






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






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






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






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






14. 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






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






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

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






18. Baseline values the system seesks to attain






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






20. What is the function of CIO?






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






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






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






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






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






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






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






28. 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






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






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






31. 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






32. 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






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






34. The leading cause of downtime






35. 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






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






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






38. 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






39. What is on the mind of the CEO






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






41. 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.






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






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






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






45. What does CIO stands for






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






47. The 4 strategic initiatives






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






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






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