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






2. 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.






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






4. Effective communication between business personnel and IT personnel






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






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






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






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






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

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10. What is the function of CIO?






11. What Concerns CIOs the most?






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






13. The leading cause of downtime






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






15. 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






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






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






18. The 4 strategic initiatives






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






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






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






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






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






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






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






26. 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






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






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






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






30. 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






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






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






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






34. 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.






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






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






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






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






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






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. 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






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






43. What does CEO stands for






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






45. Means Garbage In Garbage OUt






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






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






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






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






50. 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