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






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






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






6. 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






7. What does COO stands for






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






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






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

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






12. Effective communication between business personnel and IT personnel






13. Website success solely is measure by






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






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






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






17. What does CFO stands for






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






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






20. Baseline values the system seesks to attain






21. 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






22. 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.






23. What does CEO stands for






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






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






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






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






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






29. 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






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






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






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






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






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






35. The 4 strategic initiatives






36. 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






37. What does CIO stands for






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






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






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






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






42. 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.






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






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






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






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






47. What Concerns CIOs the most?






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






49. What is the function of CIO?






50. Means Garbage In Garbage OUt







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Can you answer 50 questions in 15 minutes?


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