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 does COO stands for






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






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. 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






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






6. What does CFO stands for






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






8. 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






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






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






11. Website success solely is measure by






12. 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






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






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






15. Baseline values the system seesks to attain






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






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






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






19. 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






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






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






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






23. 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.






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






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

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






27. What is on the mind of the CEO






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






29. 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






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






31. What is the function of CIO?






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






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






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






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






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






37. Effective communication between business personnel and IT personnel






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






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






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






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






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






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






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






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






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






47. The 4 strategic initiatives






48. 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






49. What does CIO stands for






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







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