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. Website success solely is measure by






2. What does CEO stands for






3. Baseline values the system seesks to attain






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






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






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






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






8. 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






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






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






11. Effective communication between business personnel and IT personnel






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






13. What is the function of CIO?






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






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






16. 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






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






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






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






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






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






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






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






24. What does COO stands for






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






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






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






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






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






30. 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.






31. 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






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






33. What is on the mind of the CEO






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






35. Means Garbage In Garbage OUt






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






37. 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






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






39. 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






40. 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.






41. The leading cause of downtime






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






43. The 4 strategic initiatives






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

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45. What Concerns CIOs the most?






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






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






48. What does CIO stands for






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






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