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. What would be the Greatest Benefits for Information Technology?






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






3. What is the function of CIO?






4. 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






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






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






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






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






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






10. The 4 strategic initiatives






11. What Concerns CIOs the most?






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






13. What does CFO stands for






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






15. 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






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






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

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18. 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






19. Effective communication between business personnel and IT personnel






20. 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.






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






22. 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






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






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






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






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






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






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






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






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






31. Website success solely is measure by






32. What does CIO stands for






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






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






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






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






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






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






39. Means Garbage In Garbage OUt






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






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






42. What does COO stands for






43. Baseline values the system seesks to attain






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






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






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






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






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






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






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