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






2. Website success solely is measure by






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






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






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






6. 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






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






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






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






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






11. What does COO stands for






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






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






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


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






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






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






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






19. 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.






20. The 4 strategic initiatives






21. What is on the mind of the CEO






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






23. What is the function of CIO?






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






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






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






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






28. What does CIO stands for






29. 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






30. 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






31. What does CFO stands for






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






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






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






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






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






38. 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






39. The leading cause of downtime






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






41. 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.






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






43. Means Garbage In Garbage OUt






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






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






46. Baseline values the system seesks to attain






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






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






49. What does CEO stands for






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