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






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






3. 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.






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






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






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






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






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






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






10. What is on the mind of the CEO






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






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






13. What does CIO stands for






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






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






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






17. Baseline values the system seesks to attain






18. What does CFO stands for






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






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

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






22. 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






23. 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.






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






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






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






27. What does COO stands for






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






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






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






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






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






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






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






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






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






37. What Concerns CIOs the most?






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






39. 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.






40. 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






41. What is the function of CIO?






42. What does CEO stands for






43. Website success solely is measure by






44. Effective communication between business personnel and IT personnel






45. 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






46. 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






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






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






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






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