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






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






3. What does CIO stands for






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






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






6. 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






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






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






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






10. 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






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






12. 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






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






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






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






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






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






18. What is on the mind of the CEO






19. 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.






20. 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






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






22. 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.






23. What is the function of CIO?






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






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






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

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27. Baseline values the system seesks to attain






28. Means Garbage In Garbage OUt






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






30. The 4 strategic initiatives






31. 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






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






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






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






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






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






37. Website success solely is measure by






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






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






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






41. What does COO stands for






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






43. The leading cause of downtime






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






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






46. What does CFO stands for






47. 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.






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






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






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