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






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






3. What does CEO stands for






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






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






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






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






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






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






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






11. 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






12. Means Garbage In Garbage OUt






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






14. 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.






15. 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






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






17. Baseline values the system seesks to attain






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






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






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






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






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






23. The 4 strategic initiatives






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






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






26. What Concerns CIOs the most?






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






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






29. What is the function of CIO?






30. What is on the mind of the CEO






31. What does CFO stands for






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






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






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






35. Effective communication between business personnel and IT personnel






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






37. What does CIO stands for






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






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






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






41. 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.






42. 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






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






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






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

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






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






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






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