CIS 105 Final Exam 100% Accurate!

Conventional : Quantum - ANSWERS_______ computing stores data as a combination of bits, where a bit is either a one or a zero. ________ computing employs qubits that can be both one and zero at the same time. Oligopoly - ANSWERSA market dominated by a small number of powerful sellers is called: two-sided; cross-side - ANSWERSIn ________ markets, users gain benefits from interacting with a separate, complementary class of users. This is called _______ exchange benefit. False - ANSWERSWhen network effects are present, the value of a product or service decreases as the number of users grows. higher: more - ANSWERSThe ____ the value of the user's switching cost, the ____ they're likely to consider the staying power of any offering before choosing to adopt it. Increasing numbers of users lower the value of a product or service correct A key resource becomes increasingly scarce as more users join the network correct - ANSWERSCongestion effect occurs when: (select all that apply) Which of the following apply to Moore's Law? (select all that apply) - ANSWERSChip performance per dollar doubles every eighteen months correct The next generation of chips will be twice as fast in 18 months, but will cost the same as today's models correct The next generation of chips will be half as expensive in 18 months but are the same speed as today's models correct Strictly speaking, Moore's Law does not apply to other technology components, but other computing components (such as storage) are also seeing their price versus performance curves skyrocket exponentially correct Envelopment - ANSWERSWhen a firm seeks to make an existing market a subset of its product offering (much like iPhone did with iPod, Email, Browsing), it is called: Halo Effect - ANSWERSThe tendency for an impression created in one area to influence the opinion in another area is called: