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






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






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






4. What does CFO stands for






5. Baseline values the system seesks to attain






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






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






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 data converted into a meaninfgul and useful context.






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






11. 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






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






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






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






16. What does COO stands for






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






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






19. The 4 strategic initiatives






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






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






22. What does CEO stands for






23. Effective communication between business personnel and IT personnel






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. Means Garbage In Garbage OUt






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






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






29. What is on the mind of the CEO






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






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






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






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






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






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






36. 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






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






38. The leading cause of downtime






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






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






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






42. Website success solely is measure by






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






44. 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.






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






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






47. 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.






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






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






50. 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







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