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. What information technology projects goals has the most value?






2. 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.






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. What would be the Greatest Benefits for Information Technology?






5. Effective communication between business personnel and IT personnel






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






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






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






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






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






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






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






14. What does CEO stands for






15. What does CIO stands for






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






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






18. The 4 strategic initiatives






19. What does COO stands for






20. 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






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






22. What does CFO stands for






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






24. What is on the mind of the CEO






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






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






27. 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






28. 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






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






30. Baseline values the system seesks to attain






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






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






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






34. 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






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






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






37. Means Garbage In Garbage OUt






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






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






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






41. What Concerns CIOs the most?






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






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






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






45. 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






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


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






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






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






50. Website success solely is measure by