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 Concerns CIOs the most?






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






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






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






5. 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






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






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






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






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






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






11. 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.






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






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






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






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






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






17. 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






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






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






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






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






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






23. What does CIO stands for






24. The 4 strategic initiatives






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






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






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






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






29. Website success solely is measure by






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






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






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






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






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


35. Baseline values the system seesks to attain






36. 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






37. The leading cause of downtime






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






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






40. Means Garbage In Garbage OUt






41. What does CEO stands for






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






43. What does COO stands for






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






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






46. What does CFO stands for






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






48. 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






49. 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






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