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






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






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






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






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






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






7. What does CFO stands for






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

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9. The 4 strategic initiatives






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






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






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






13. Baseline values the system seesks to attain






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






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






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






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






18. Website success solely is measure by






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






20. The leading cause of downtime






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






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






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






24. 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






25. What does CEO stands for






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






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






28. What does COO stands for






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






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






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






32. 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






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






34. 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






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






36. 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.






37. What is the function of CIO?






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






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






40. 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.






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






42. 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.






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






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






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






46. What does CIO stands for






47. What Concerns CIOs the most?






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






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






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