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






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






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






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






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






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






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






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






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






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






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






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






13. Website success solely is measure by






14. Baseline values the system seesks to attain






15. Means Garbage In Garbage OUt






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






17. 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






18. The 4 strategic initiatives






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

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






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






22. 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






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






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






25. What is on the mind of the CEO






26. 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






27. 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






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






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






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






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






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






33. What does CFO stands for






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






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






36. 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.






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






38. What is the function of CIO?






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






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






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






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






43. What does COO stands for






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






45. The leading cause of downtime






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






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






48. 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.






49. 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






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







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