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






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






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






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






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






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






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






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

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






10. 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






11. 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






12. 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






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






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






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






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






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






18. What is the function of CIO?






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






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






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






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






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






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






25. Means Garbage In Garbage OUt






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






27. Website success solely is measure by






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






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






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






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






32. Effective communication between business personnel and IT personnel






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






34. The 4 strategic initiatives






35. What does CEO stands for






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






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






38. The leading cause of downtime






39. 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






40. What Concerns CIOs the most?






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






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






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






44. What does CFO stands for






45. 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.






46. Baseline values the system seesks to attain






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






48. What does COO stands for






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






50. 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.