Test your basic knowledge |

Business And Technology

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. Employees across departments are open to new insights about crises and radical changes and seek ways to create competitive advantages.






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. 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






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






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






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






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






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






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






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






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






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






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






14. 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






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






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






18. 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






19. What does CEO stands for






20. Website success solely is measure by






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






22. What is the function of CIO?






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






24. 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






25. 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.






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






27. Effective communication between business personnel and IT personnel






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






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






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






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






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






34. 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






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






37. The 4 strategic initiatives






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






39. What does CFO stands for






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






41. 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






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






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






44. What does CIO stands for






45. Means Garbage In Garbage OUt






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






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

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






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






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







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