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






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






3. 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






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






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






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






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






8. What does CIO stands for






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






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






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






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






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






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






15. Website success solely is measure by






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






17. What does CFO stands for






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






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






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






21. 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.






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






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






24. 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.






25. What is the function of CIO?






26. What does COO stands for






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






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






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






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






31. What Concerns CIOs the most?






32. 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






33. 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






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






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






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






37. 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






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






39. 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.






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






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






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






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






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






45. 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






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






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






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






49. Means Garbage In Garbage OUt






50. What does CEO stands for