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. Mostly misuse by persons inside or outside an organization.






2. The leading cause of downtime






3. What does CFO stands for






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






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






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






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






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






10. Baseline values the system seesks to attain






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






12. What does CEO stands for






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






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






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






16. 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






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






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






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






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






21. 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






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






23. 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






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






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






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






27. Website success solely is measure by






28. 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.






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






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






31. 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






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






33. 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






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






35. Means Garbage In Garbage OUt






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






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






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






39. 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.






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






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

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42. The 4 strategic initiatives






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






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






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






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






47. What is on the mind of the CEO






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






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






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.