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. What is on the mind of the CEO






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






3. 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.






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






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






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






7. What Concerns CIOs the most?






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






9. 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






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






11. 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.






12. What does CFO stands for






13. Means Garbage In Garbage OUt






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






15. Effective communication between business personnel and IT personnel






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






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






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






19. 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






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






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






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






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






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






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






26. Website success solely is measure by






27. 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






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






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






30. What does CEO stands for






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






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






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






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






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






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






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






38. What does CIO stands for






39. The 4 strategic initiatives






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






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






42. Baseline values the system seesks to attain






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






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






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






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






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






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






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

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50. 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