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. Baseline values the system seesks to attain






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






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






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






5. Means Garbage In Garbage OUt






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






7. What is the function of CIO?






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






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






10. What does COO stands for






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






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






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






14. What does CEO stands for






15. 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






16. 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






17. What Concerns CIOs the most?






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






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






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






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






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






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

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






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






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






28. 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






29. Effective communication between business personnel and IT personnel






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






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






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






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






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






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






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






37. The leading cause of downtime






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






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






40. What is on the mind of the CEO






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






42. What does CIO stands for






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






44. 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






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






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






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






48. The 4 strategic initiatives






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






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