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Business And Technology

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. What is the function of CIO?






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






3. Means Garbage In Garbage OUt






4. What is on the mind of the CEO






5. Effective communication between business personnel and IT personnel






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






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






8. 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






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






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






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






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






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






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






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






16. 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.






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






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






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






20. Website success solely is measure by






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. 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






23. What does CFO stands for






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






25. 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.






26. Baseline values the system seesks to attain






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






28. What Concerns CIOs the most?






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






30. What does CIO stands for






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






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






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






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

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






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






37. 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






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






39. 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






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






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






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






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






44. The leading cause of downtime






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






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






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






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






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






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







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