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. The 4 strategic initiatives






2. What does CEO stands for






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






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






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






6. The leading cause of downtime






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






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






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






10. 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






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






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






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






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






15. Website success solely is measure by






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






18. Baseline values the system seesks to attain






19. 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.






20. What does COO stands for






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






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






23. Means Garbage In Garbage OUt






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






25. 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






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






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






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






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






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






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. 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






33. 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.






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






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






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






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






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






39. 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






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






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






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






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






44. 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.






45. What is the function of CIO?






46. What does CIO stands for






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






48. 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






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






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