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Business And Technology

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
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  • 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. Issuses Affected by Technology Advance: intellectual property - Copyright - fair use doctrine - pirated software and counterfeit software of these which is the worst?






3. Website success solely is measure by






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






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






6. The 4 strategic initiatives






7. What is the function of CIO?






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






9. 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






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






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






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






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






14. 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.






15. Effective communication between business personnel and IT personnel






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






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






18. The leading cause of downtime






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






20. What is on the mind of the CEO






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






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






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






25. What Concerns CIOs the most?






26. What does CFO stands for






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






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






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






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






31. What does CIO stands for






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






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






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






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






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






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






38. What does CEO stands for






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






40. What does COO stands for






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






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






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






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






45. Means Garbage In Garbage OUt






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






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






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






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






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







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