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. 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






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






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






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






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






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






7. What does CIO stands for






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






9. Website success solely is measure by






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






11. 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






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






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






14. 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.






15. What Concerns CIOs the most?






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






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






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






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






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






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






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






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






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






26. 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






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






28. Means Garbage In Garbage OUt






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






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






31. 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






32. The 4 strategic initiatives






33. 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.






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






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






36. What does CFO stands for






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






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






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






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






42. 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






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






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






45. What is the function of CIO?






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






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






48. What does CEO stands for






49. 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






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