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. To remain sucessful - and organizatios should use what?


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






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






4. Effective communication between business personnel and IT personnel






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






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






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






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






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






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






11. 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






12. What does CFO stands for






13. What does COO stands for






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






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






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






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






18. 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






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






20. The leading cause of downtime






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






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






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






24. Website success solely is measure by






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






26. Means Garbage In Garbage OUt






27. The 4 strategic initiatives






28. 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.






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






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






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






32. What does CIO stands for






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






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






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






36. 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.






37. What does CEO stands for






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






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






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






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






42. What Concerns CIOs the most?






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






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






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






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






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






48. 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






49. 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.






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