CIS 105 Final Exam Review
Verified Exam Questions and Answers Latest update 2026/2027
Question:
is a term used to refer to data sets that are too large or complex for traditional data
processing application software to adequately deal with. -
Answer:
Big
data
Question:
It is possible that a network may have both same-side and cross-side benefits. -
Answer:
True
Question:
A market dominated by a small number of powerful sellers is called: -
Answer:
Oligopoly
Question:
is shared pools of configurable computer system resources and higher-level services
that can be rapidly provisioned with minimal management effort, often over the Internet. -
Answer:
Cloud computing
Question:
A market where there are many buyers but only one dominant seller is called a: -
Answer:
Monopoly
Question:
We're now in the "fifth wave" of computing, where computers are so fast and so inexpensive that
they have become ubiquitous--woven into products in ways few imagined years before. T/F -
Answer:
True
, Question:
In markets, users gain benefits from interacting with a similar category of users. This is
called exchange benefits. -
Answer:
one-sided; same-side
Question:
The video game industry where console owners are attracted to platforms with the most games,
and innovative developers are attracted to platforms that have the most users, is an example of: -
Answer:
Two-sided Market
Question:
"Sasha scores an 'A' on every one of her tests. I bet she could be a good student leader." This is
an example of: -
Answer:
The Halo Effect
Negative consequences of being a dominant firm in a network market include: (Select all that
apply)
Question:
Increasing the number of users can lower the value of a product or service
The primary target of virus hackers and malicious hackers
A dominant firm will need to invest to enter new markets
The dominant firm will need to buy-up as many competitors as possible -
Answer:
Increasing the number of users can lower the value of a product or service
The primary target of virus hackers and malicious hackers
The dominant firm will need to buy-up as many competitors as possible
Question:
and result in one social network being favored over others in a particular
region. -
Answer:
Network effects; cultural differences
Verified Exam Questions and Answers Latest update 2026/2027
Question:
is a term used to refer to data sets that are too large or complex for traditional data
processing application software to adequately deal with. -
Answer:
Big
data
Question:
It is possible that a network may have both same-side and cross-side benefits. -
Answer:
True
Question:
A market dominated by a small number of powerful sellers is called: -
Answer:
Oligopoly
Question:
is shared pools of configurable computer system resources and higher-level services
that can be rapidly provisioned with minimal management effort, often over the Internet. -
Answer:
Cloud computing
Question:
A market where there are many buyers but only one dominant seller is called a: -
Answer:
Monopoly
Question:
We're now in the "fifth wave" of computing, where computers are so fast and so inexpensive that
they have become ubiquitous--woven into products in ways few imagined years before. T/F -
Answer:
True
, Question:
In markets, users gain benefits from interacting with a similar category of users. This is
called exchange benefits. -
Answer:
one-sided; same-side
Question:
The video game industry where console owners are attracted to platforms with the most games,
and innovative developers are attracted to platforms that have the most users, is an example of: -
Answer:
Two-sided Market
Question:
"Sasha scores an 'A' on every one of her tests. I bet she could be a good student leader." This is
an example of: -
Answer:
The Halo Effect
Negative consequences of being a dominant firm in a network market include: (Select all that
apply)
Question:
Increasing the number of users can lower the value of a product or service
The primary target of virus hackers and malicious hackers
A dominant firm will need to invest to enter new markets
The dominant firm will need to buy-up as many competitors as possible -
Answer:
Increasing the number of users can lower the value of a product or service
The primary target of virus hackers and malicious hackers
The dominant firm will need to buy-up as many competitors as possible
Question:
and result in one social network being favored over others in a particular
region. -
Answer:
Network effects; cultural differences
