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






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






3. Effective communication between business personnel and IT personnel






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






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






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






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






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






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






10. 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.






11. 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






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






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






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






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






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






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






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






19. Means Garbage In Garbage OUt






20. What is the function of CIO?






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






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






23. What does CFO stands for






24. What does COO stands for






25. What is on the mind of the CEO






26. 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






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






28. 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






29. What Concerns CIOs the most?






30. What does CEO stands for






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






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






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






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






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






36. 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






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






38. Baseline values the system seesks to attain






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






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






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






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. 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






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






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






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






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






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






49. What does CIO stands for






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