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 process of continuously measuring system results - comparing those results to optimal system performance (benchmark values) - and identifiying steps and procedures to improve syste performance.






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






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






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






5. The leading cause of downtime






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






7. What is on the mind of the CEO






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






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






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






11. What is the function of CIO?






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






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






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






15. 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.






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






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






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






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






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






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






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






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






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






26. What does CEO stands for






27. What does CFO stands for






28. 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






29. 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






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






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






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






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






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

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35. 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.






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






37. What does CIO stands for






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






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






40. Effective communication between business personnel and IT personnel






41. The 4 strategic initiatives






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






43. 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






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






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






46. What does COO stands for






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






48. 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






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






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